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Rebalancing the global oil market will take ~1 year

Macro Voices Podcast All-Star Dr. Anas Alhajji and Erik discuss: Rebalancing the market: Between U.S. Shale, 180mm bbl of Floating Storage, and a recession, how long will it take to get back to normal? Long-term outlook for global energy markets: Why higher prices are inevitable The risk of alternatives under-delivering resulting in a...

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MacroVoices #228 Lyn Alden: The Road to Inflation

Macro Voices Podcast Erik Townsend and Patrick Ceresna welcome Lyn Alden to MacroVoices. Erik and Lyn discuss: U.S. Deficit was already growing pre-COVID19 crisis Current employment dislocation compared to 2009 Is the Fed’s monetary policy what’s driving the V-shaped recovery in stock prices? Fed’s policy to inject more liquidity into the real...

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MacroVoices #226 Charlie McElligott Explains the Upside Catalyst for Equity Market

Macro Voices Podcast Erik Townsend and Patrick Ceresna welcome Charlie McElligott to MacroVoices. Erik and Charlie discuss: Perspective on market strength, despite the resurgence of COVID19 cases How to current market situation translates to the CTA positioning  Equity market outlook How does volatility complex play into the current equity market? Bond market outlook –...

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MacroVoices #221 Ronald Stöferle: In Gold We Trust

Macro Voices Podcast Erik Townsend and Patrick Ceresna welcome Ronald Stöferle to MacroVoices. Erik and Ronald discuss: Is now the time to focus on secular shift in precious metals? Secular shift to inflation or stagflation – what would that mean for precious metals? How does this pandemic compare to the recession of 2008...

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Charting a path toward post-COVID macro reality

Macro Voices Podcast All-Star Louis-Vincent Gave and Erik discuss: Louis’ post-crisis macro outlook U.S.-China relations after the crisis and what it means for markets Erik & Louis comment on the crash of May Crude oil futures to -$40 in real time as it happens in the market Louis co-founded Gavekal as an...

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MacroVoices #218 Lakshman Achuthan: What cycles teach us about what to expect post coronavirus

Macro Voices Podcast Erik Townsend and Patrick Ceresna welcome Lakshman Achuthan to MacroVoices. Erik and Lakshman discuss: What cycle should we focus on amidst the crisis 3D’s of recession: Depth, Diffusion, Duration Exogenous shock factors: how is this recession different than others?  Based on historic cycles, what should we expect next? What...

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MacroVoices #215 Chris Cole: Dragon portfolio revisited in the eye of the storm

Macro Voices Podcast Erik Townsend and Patrick Ceresna welcome Chris Cole to MacroVoices. Erik and Chris discuss: Recap: What is Dragon portfolio? How has dragon portfolio performed amidst the COVID-19 crisis Consequences of government monetary intervention Long-vol strategy: what worked and what didn’t? What implications could secular inflation bring to dragon portfolio? ...

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Oil Market Special with Art Berman and Nate Hagens

Macro Voices Podcast Art Berman Arthur E. Berman is a geological consultant with thirty-seven years of experience in petroleum exploration and production. He currently is consulting for several E&P companies and capital groups in the energy sector. He frequently gives keynote addresses for investment conferences, boards of directors and professional societies.  He is often interviewed...

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Socio-economic implications of the Coronavirus Crisis

Macro Voices Podcast All-Star Dr. Pippa Malmgren and Erik discuss: Bail-out nation: Will the long list of bailout packages tip the economy into secular inflation? Unexpected knock-on effects: What aspects of society will change from the crisis and why? Bio-hazards and Bio-Weapons: Why do governments need bio-weapons laboratories and what if an accident...

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MacroVoices #214 Eric Peters: Knock-on effects of the Coronavirus Crisis

Macro Voices Podcast Erik Townsend and Patrick Ceresna welcome Eric Peters to MacroVoices. Erik and Eric discuss: Was the market dislocation inevitable or was it caused by the Coronavirus? Will there be even worse economic downturn due to governments bail-out policies? Risk-hedge long-vol portfolio management strategies The concept of trend following: how...