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Macro Voices

By Hedge Fund Manager Erik Townsend

Weekly market commentary by Hedge Fund Manager Erik Townsend and interviews with the brightest minds in the world of finance and macroeconomics. Made possible by funding from Fourth Turning Capital Management, LLC

  1. 1.
    Francesco Filia: Stock market CRASH entirely possible02/15/2019
    1:19:56
  2. 2.
    Alex Gurevich: Interest rate momentum is an excellent predictor of equity market performance02/07/2019
    51:07
  3. 3.
    Grant Williams: The Trouble in Europe Has Only Just Begun02/01/2019
    1:33:57
  4. 4.
    Russell Napier: PBOC dictating global inflation01/24/2019
    1:04:00
  5. 5.
    Charlie McElligott: Fear the Steepener 01/16/2019
    1:27:55
  6. 6.
    Chris Cole: The ‘BIG ONE’ (Vol event) hasn’t happened yet.01/11/2019
    1:07:25
  7. 7.
    Marin Katusa: Oil, Steel & Diamonds on the Natural Resources Radar01/03/2019
    1:06:13
  8. 8.
    Year-end Special: Best Market Calls of 201812/27/2018
    1:17:28
  1. 9.
    Daniel Want: Systems View of OTC Derivatives12/21/2018
    1:03:41
  2. 10.
    Prof. Edward Altman: High Yield Benevolent Cycle Not Yet Over12/13/2018
    1:17:17
  3. 11.
    Juliette Declercq: “Dovish Pivot” is not a game-changer yet12/07/2018
    1:21:56
  4. 12.
    Julian Brigden: Secular Bond Bear Doesn’t Preclude Significant Rallies11/30/2018
    1:25:12
  5. 13.
    Jeffrey Christian: Investment demand for precious metals is bottoming11/22/2018
    1:28:17
  6. 14.
    Keith McCullough: Bond Yields May Have Peaked11/16/2018
    1:24:08
  7. 15.
    BONUS: Beyond Blockchain Audiobook Chapter 111/14/2018
    35:09
  8. 16.
    Jonathan Tepper: The Myth of Capitalism11/09/2018
    1:27:00
  9. 17.
    Dr. Pippa Malmgren: Embracing Entrepreneurship11/01/2018
    1:25:04
  10. 18.
    Daniel Lacalle: Synchronized Global Growth was always a False Narrative 10/24/2018
    1:23:20
  11. 19.
    Prof Steve Hanke: M4 is the most under appreciated indicator10/18/2018
    1:18:50
  12. 20.
    Prof Steve Keen: The Real Risk is in Private Credit10/12/2018
    1:34:00
  13. 21.
    Louis-Vincent Gave: Breakdown in Historical Norms between Emerging Markets and USTs10/05/2018
    1:15:52
  14. 22.
    Keith Dicker: The next major financial crisis will happen in the Bond market09/27/2018
    1:18:18
  15. 23.
    Art Berman: The market has de-valued the oil price yield curve09/20/2018
    1:23:26
  16. 24.
    Charlie McElligott: Phase one is over. The easy money has already been made.09/13/2018
    1:20:09
  17. 25.
    Marin Katusa: The setup for Uranium is better now than any time in the last decade09/07/2018
    1:38:33
  18. 26.
    Danielle DiMartino Booth: Jay Powell is a new breed of Fed Chairman08/31/2018
    1:11:12
  19. 27.
    EuroDollar University, Season 2, Part 308/23/2018
    1:13:19
  20. 28.
    EuroDollar University, Season 2, Part 208/16/2018
    1:09:34
  21. 29.
    EuroDollar University, Season 2, Part 108/09/2018
    1:16:36
  22. 30.
    Jesse Felder: Equity Markets are in a Topping Process08/02/2018
    1:18:22
  23. 31.
    Martin Armstrong: There is no alternative to the Equity Market07/26/2018
    1:12:19
  24. 32.
    David Rosenberg: The top is probably in already07/20/2018
    1:32:43
  25. 33.
    Dr. Pippa Malmgren: Social Media Data Mining is the new Geopolitical Frontier07/13/2018
    1:45:43
  26. 34.
    Chris Cook: Energy Markets are Manipulated in Multiple Timeframe07/06/2018
    1:34:54
  27. 35.
    Eric Peters: USD Reserve Status, Unfunded Liabilities, Inflation & More06/29/2018
    1:26:46
  28. 36.
    Luke Gromen: Secular Dollar Bear goes Tactically Dollar Bullish06/21/2018
    1:23:34
  29. 37.
    Crude Oil Special: Anas Alhajji, Joe McMonigle, Dr. Ellen Wald06/14/2018
    1:30:30
  30. 38.
    DoubleLine’s Jeffrey Sherman: Bond Bear Market is Pausing but Not Over!06/07/2018
    1:28:48
  31. 39.
    Nomi Prins: Central Bank Collusion; Pat Hemsworth: Crude Oil Update06/01/2018
    1:28:37
  32. 40.
    Dr. Lacy Hunt: The Bond Bull Market is NOT over!05/24/2018
    1:14:54
  33. 41.
    Juliette Declercq: The bear argument for the USD05/18/2018
    1:16:28
  34. 42.
    Charles Gave: Our Industry is NOT prepared for secular inflation!05/11/2018
    1:18:33
  35. 43.
    Russell Napier: Signs of incipient inflation are a false alarm and won’t last long05/04/2018
    1:19:15
  36. 44.
    Marin Katusa: Copper, Uranium & the EV Revolution04/26/2018
    1:08:36
  37. 45.
    Bassman/Cudmore/Snider: Market Correction Review04/20/2018
    1:27:39
  38. 46.
    Darius Dale: Hedgeye turn BEARISH U.S. Growth04/13/2018
    1:10:32
  39. 47.
    Simon White: Equities are running out of road04/06/2018
    1:22:57
  40. 48.
    Julian Brigden: Stock collapse under own weight or Fed/yields do it for them03/29/2018
    1:26:59
  41. 49.
    Jeff Snider: U.S. Treasury Yield Curve Deep Dive03/22/2018
    1:46:41
  42. 50.
    John Mauldin: No sign of imminent recession03/16/2018
    1:19:17
  43. 51.
    Jim Grant: The great Bond BEAR Market has already begun!03/09/2018
    1:33:11
  44. 52.
    Jeffrey Snider: Since 2008 major turning points in Gold have been punctuated by Eurodollar anomalies03/02/2018
    1:34:55
  45. 53.
    Rick Rule: Natural Resource Investing02/23/2018
    1:20:04
  46. 54.
    Eric Peters: Systemic Risks are Mounting02/16/2018
    1:28:27
  47. 55.
    Jared Dillian: The week short vol imploded02/09/2018
    1:28:21
  48. 56.
    Art Berman: Crude Oil Special Double Header02/02/2018
    1:24:07
  49. 57.
    Chris Cole: Volatility and the Alchemy of Risk01/26/2018
    1:21:10
  50. 58.
    Mark Cudmore: Around the World of Macro01/19/2018
    1:20:56
  51. 59.
    Josh Steiner: Global Housing Market Analysis01/12/2018
    1:23:11
  52. 60.
    Anatomy of the U.S. Dollar End Game Part 5 of 501/05/2018
    1:27:08
  53. 61.
    Anatomy of the U.S. Dollar End Game Part 4 of 512/30/2017
    1:20:51
  54. 62.
    Anatomy of the U.S. Dollar End Game Part 3 of 512/28/2017
    1:04:45
  55. 63.
    Anatomy of the U.S. Dollar End Game Part 2 of 512/25/2017
    1:11:21
  56. 64.
    Anatomy of the U.S. Dollar End Game Part 1 of 512/24/2017
    1:17:02
  57. 65.
    Prof. Steve Keen: Reinventing how Economics is Taught12/22/2017
    1:28:45
  58. 66.
    Juliette Declercq: 2018 Macro Outlook12/15/2017
    1:20:08
  59. 67.
    Marin Katusa: Mohamed bin Salman is reshaping Saudi Arabia12/08/2017
    1:24:10
  60. 68.
    Jonathan Tepper: Is Retail a Consensus Short or a Contrarian Long?12/01/2017
    1:34:43
  61. 69.
    Francesco Filia: Positive Feedback Loops Threaten Systemic Risk Escalation11/23/2017
    1:30:02
  62. 70.
    Keith McCullough: Bullish Real Growth11/17/2017
    1:10:56
  63. 71.
    Jeffrey Snider: Eurodollar University Part 411/09/2017
    1:33:01
  64. 72.
    Grant Williams: Petroyuan Oil Contract could be a Game Changer11/02/2017
    1:22:48
  65. 73.
    Harley S. Bassman: The Convexity Maven opines on Macro Themes10/26/2017
    1:13:28
  66. 74.
    Jeffrey Snider: Eurodollar University Part 310/21/2017
    43:42
  67. 75.
    Art Berman: Comparative Inventory draws spell higher oil prices10/20/2017
    1:29:45
  68. 76.
    Jeffrey Christian: Gold on course for new all-time highs by 2020 10/12/2017
    1:25:55
  69. 77.
    Jeffrey Snider: Eurodollar University Part 210/05/2017
    1:20:12
  70. 78.
    Mark Yusko: All Things Macro09/29/2017
    1:03:40
  71. 79.
    Mark Yusko: USD in secular bear market09/28/2017
    1:11:14
  72. 80.
    Mark Grant: Central Bank Liquidity Drives Everything09/22/2017
    1:07:08
  73. 81.
    Hugh Hendry: Inflation is just over the horizon!09/14/2017
    1:08:35
  74. 82.
    Luke Gromen: The biggest mean reversion in 50+ years is underway!09/07/2017
    1:07:07
  75. 83.
    Jeffrey Snider: Eurodollar University Part 108/31/2017
    1:18:26
  76. 84.
    Joe McMonigle: Crude Oil Special 08/25/2017
    1:21:38
  77. 85.
    Josh Crumb: All About Gold 08/17/2017
    1:18:24
  78. 86.
    Neil Howe: The really big crisis has yet to arrive!08/10/2017
    1:29:20
  79. 87.
    Raoul Pal & Julian Brigden: When will the dollar rout end? 08/04/2017
    1:28:08
  80. 88.
    Chris Whalen: Equity markets overvalued but not ready to crash07/28/2017
    1:42:31
  81. 89.
    Dr. Pippa Malmgren: CryptoCurrencies – libertarian dream come true or Orwellian nightmare? 07/21/2017
    1:31:17
  82. 90.
    Dr. Ben Hunt: The Federal Reserve is no longer your friend!07/14/2017
    1:10:58
  83. 91.
    Tian Yang: It’s not time to be short the stock market. Yet.07/06/2017
    1:13:17
  84. 92.
    Alex Gurevich: ZERO evidence the secular bull market in bonds is over06/30/2017
    1:07:43
  85. 93.
    Jesse Felder: The Party is Ending for Stock Bulls06/22/2017
    1:14:16
  86. 94.
    Keith McCullough: Tech Rally is Not Over!06/16/2017
    1:13:00
  87. 95.
    Axel Merk: Trump reflation trade is dead. Equity market hasn’t noticed yet. 06/09/2017
    1:14:10
  88. 96.
    Art Berman: Crude Oil Special Part 106/02/2017
    45:32
  89. 97.
    Art Berman: Crude Oil Special Part 206/02/2017
    51:47
  90. 98.
    Jeffrey Snider: Dollar bulls don’t understand why they are right05/26/2017
    1:19:33
  91. 99.
    Russell Napier: Buy the Dollar Dip05/19/2017
    1:07:09
  92. 100.
    Lacy Hunt: The secular bond bull market is not over!05/12/2017
    1:08:12
  93. 101.
    Steve Keen: On All Things Macro05/05/2017
    1:21:53
  94. 102.
    Martin Armstrong: Stocks could DOUBLE from here!04/28/2017
    1:17:37
  95. 103.
    Danielle DiMartino Booth: Fed Up with the Federal Reserve04/20/2017
    1:15:38
  96. 104.
    Lance Roberts: Record margin debt threatens fed-fueled bull market04/14/2017
    1:16:08
  97. 105.
    Juliette Declercq: A Red string of fate ties U.S. to China04/07/2017
    55:24
  98. 106.
    Julian Brigden: The “Trump Gap”, the Dollar and Bonds 03/31/2017
    1:07:22
  99. 107.
    Jeffrey Christian: Secular BUY call on Gold 03/23/2017
    1:12:00
  100. 108.
    Jonathan Tepper: The Sea of Excess Liquidity which fueled the rally will soon dry up!03/16/2017
    1:09:54
  101. 109.
    Art Berman: Outlook for Oil for 201703/09/2017
    1:11:32
  102. 110.
    Grant Williams: The Rise of Populism, Trump Rally, Gold & More03/03/2017
    1:13:02
  103. 111.
    Louis-Vincent Gave: Translating 2016 Events to 2017 Strategies02/22/2017
    1:13:41
  104. 112.
    Jeffrey Snider: Understanding the Global U.S. Dollar Shortage02/17/2017
    1:10:32
  105. 113.
    Jim Rogers: Macro Outlook in the Trump Era02/10/2017
    1:08:00
  106. 114.
    Jack Schwager: Trading Futures02/03/2017
    1:15:44
  107. 115.
    David Rosenberg: Opportunities and Outlook for 201701/27/2017
    56:39
  108. 116.
    Raoul Pal: Inauguration Eve Macro Update01/20/2017
    1:11:41
  109. 117.
    Rick Rule: Deep dive into pre-revenue resource investing process & due diligence01/13/2017
    1:11:52
  110. 118.
    David Hay: The Trump Triumph Trade (TTT) is overdone!01/06/2017
    1:08:28
  111. 119.
    Holiday Special RVTV Encore: Edward Misrahi12/30/2016
    57:26
  112. 120.
    Erik Townsend: Accredited Investor Academy, Part 412/29/2016
    1:05:32
  113. 121.
    Holiday Special RVTV Encore: Paul J. Isaac12/24/2016
    57:02
  114. 122.
    David Rose: Accredited Investor Academy, Part 3-A12/23/2016
    1:12:48
  115. 123.
    Erik Townsend: Accredited Investor Academy, Part 312/22/2016
    57:37
  116. 124.
    RVTV Encore: Jawad Mian, Part 112/18/2016
    1:02:19
  117. 125.
    Julian Brigden: Inflation, U.S. Dollar, Peak Central Bank Omnipotence, Further PM Weakness, and More12/16/2016
    1:18:56
  118. 126.
    Prof. Steve Keen: Macro Outlook Under Donald Trump, Inflation, TSY Yields, and More12/09/2016
    59:24
  119. 127.
    Art Berman: OPEC Production Cut, Crude Oil Outlook12/01/2016
    1:17:00
  120. 128.
    Erik Townsend: Accredited Investor Academy Series, Part 211/25/2016
    49:46
  121. 129.
    RVTV Encore: Edward Carter11/22/2016
    52:31
  122. 130.
    Paul Krake: Post-Trump, Ripping up the Investment Playbook11/18/2016
    1:03:54
  123. 131.
    Dr. Harald Malmgren, Dr. Pippa Malmgren: Post-Election Special11/11/2016
    1:19:03
  124. 132.
    RVTV Encore: Dr. Brett Steenbarger11/07/2016
    40:31
  125. 133.
    Willem Middelkoop: The Big Reset, China's Role in SDR, Gold, Alternatives to Democracy, and More 11/04/2016
    1:09:59
  126. 134.
    Hugh Hendry: USD Breakout, Post-Brexit Europe, Benign on Japan, Equity Outlook, & More10/28/2016
    1:14:42
  127. 135.
    RVTV Encore: Kyle Bass10/23/2016
    1:04:11
  128. 136.
    Robin Griffiths: Cyclical and Technical Frameworks, Central Bank Impotence, DM/EM Outlooks, Gold, and More10/21/2016
    1:07:53
  129. 137.
    Mark Yusko: Short Dollar, Long Deutsche Bank, China eCommerce, Oil, and More10/13/2016
    1:14:46
  130. 138.
    RVTV Encore: Michael Lewitt10/09/2016
    58:24
  131. 139.
    Simon Hunt: Chinese Political War, IMF Special Drawing Rights, Russia-China Alliance, 2020 Global Market Crash10/07/2016
    1:01:47
  132. 140.
    Michael Lebowitz: Death of the Virtuous Economic Cycle09/30/2016
    1:07:29
  133. 141.
    RVTV Encore: Roy Sebag & Josh Crumb09/25/2016
    36:01
  134. 142.
    Alex Gurevich: Dominant USD, Historical Fed Tightening Cycles, Cheap Treasuries, China Debt Unwind, and More09/23/2016
    1:08:22
  135. 143.
    Raoul Pal: USD, TSYs, Biz Cycle, Gold, EU Exit Contagion & More!09/16/2016
    1:18:29
  136. 144.
    RVTV Encore: Michael Schneider09/11/2016
    53:25
  137. 145.
    Jeffrey Christian: Precious Metals, Macro Drivers, and More09/08/2016
    1:19:48
  138. 146.
    Art Berman: Labor Day Weekend Oil Special09/02/2016
    1:17:32
  139. 147.
    RVTV Encore: Willem Middelkoop08/28/2016
    1:03:51
  140. 148.
    Dr. Gary Shilling: Long the Long-Bond, Short Oil, Skeptical of U.S. Stocks08/26/2016
    1:06:10
  141. 149.
    Jeffrey Snider: All Signs Point to Global Systemic Reset08/19/2016
    1:17:32
  142. 150.
    RVTV Encore: Paul Brodsky08/15/2016
    49:49
  143. 151.
    Paul Brodsky: Treasury yields, Deflation, and the need for a Financial System Reset08/12/2016
    1:09:10
  144. 152.
    Charles Biderman: The Monetary Policy Endgame08/05/2016
    1:25:18
  145. 153.
    RVTV Encore: Stephen Diggle07/31/2016
    1:06:04
  146. 154.
    David S. Rose: Angel Investing07/28/2016
    1:24:42
  147. 155.
    Eric Hunsader: Market microstructure, HFTs, and IEX07/22/2016
    1:11:50
  148. 156.
    RVTV Encore: Stephanie Pomboy07/17/2016
    56:02
  149. 157.
    Richard Dickson: A Technician Takes the Pulse of Global Markets07/15/2016
    1:14:53
  150. 158.
    Erik Townsend: Accredited Investor Academy Series, Part 107/06/2016
    1:09:53
  151. 159.
    RVTV Encore: James Grant07/03/2016
    44:12
  152. 160.
    Grant Williams: Brexit Could Lead to EU Collapse or Even War!07/01/2016
    1:20:39
  153. 161.
    Steve Keen: Brexit, Alternative Currencies, Negative Interest Rates & More06/24/2016
    1:12:24
  154. 162.
    RVTV Encore: Simon Mikhailovich06/20/2016
    49:28
  155. 163.
    John Llewellyn: Economic consequences of the Brexit referendum06/17/2016
    1:15:21
  156. 164.
    Dr. Ben Hunt - Macroeconomics viewed through the lens of Game Theory and History06/09/2016
    1:17:03
  157. 165.
    RVTV Encore: Hugh Hendry06/05/2016
    1:10:52
  158. 166.
    Art Berman: Oil Fundamentals Deep Dive Redux06/03/2016
    1:08:35
  159. 167.
    Julian Brigden: Where we stand in the US Dollar Story05/27/2016
    1:05:41
  160. 168.
    RVTV Encore: Rick Rule05/22/2016
    54:44
  161. 169.
    Jeffrey Christian: Around the world in 50 minutes05/20/2016
    1:20:37
  162. 170.
    Steve Keen: Making sense of the prevailing schools of economic thought05/13/2016
    1:14:46
  163. 171.
    RVTV Encore: Raoul Pal and Grant Williams05/08/2016
    46:02
  164. 172.
    Satyajit Das: Cyclical downturn or structural shift? Context is key.05/06/2016
    1:20:54
  165. 173.
    Richard Duncan: What the history of monetary policy tells us about our future04/29/2016
    1:16:02
  166. 174.
    RVTV Encore: John Burbank ft. Kyle Bass04/24/2016
    1:00:21
  167. 175.
    The New Bull Market in Gold Part II: Natural resource investing with Rick Rule plus an oil update with Art Berman04/22/2016
    1:57:58
  168. 176.
    The New Bull Market in Gold Part I: Macroeconomic backdrop with Jim Rickards04/15/2016
    1:11:29
  169. 177.
    RVTV: Bill Fleckenstein04/10/2016
    1:04:39
  170. 178.
    Raoul Pal: Breaking Down the US Dollar, Past, Present, and Future04/08/2016
    1:12:45
  171. 179.
    Bill Fleckenstein: The Perils of Short Selling in a World Awash in Central Bank Liquidity04/01/2016
    1:02:38
  172. 180.
    RVTV: Fred Hickey03/27/2016
    42:17
  173. 181.
    Jack Schwager: The Journey from Market Wizards to FundSeeder.com03/25/2016
    1:14:40
  174. 182.
    Axel Merk: ECB/Fed/BOJ Policy and the Implications for Equities, Gold, the USD and More03/18/2016
    1:13:10
  175. 183.
    RVTV: Albert Edwards03/13/2016
    54:09
  176. 184.
    Grant Williams: US Recession, Eroding Faith in Central Bankers, and the Economics of War03/11/2016
    1:08:48
  177. 185.
    The Coming Bottom in Oil Prices Part II: Trading Strategies with Erik Townsend03/04/2016
    57:55
  178. 186.
    The Coming Bottom in Oil Prices Part I: Deep into Fundamentals with Art Berman02/26/2016
    1:50:40
  179. 187.
    An Interview with the One and Only Dr. Marc Faber02/19/2016
    1:06:54
  180. 188.
    An Interview with Legendary Investor Jim Rogers02/12/2016
    1:09:30

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