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Artwork for Macro Voices
Inflation
Nuclear Energy
Uranium
Gold
China
Artificial Intelligence
US Dollar
Tariffs
Federal Reserve
Crude Oil
Geopolitics
Trump Administration
Monetary Policy
OPEC
Trump Tariffs
Interest Rates
Oil
Commodities
Market Volatility
Geopolitical Risks

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

PublishesWeeklyEpisodes304Founded10 years ago
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InvestingBusiness

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Artwork for Macro Voices

Latest Episodes

MacroVoices Erik Townsend & Patrick Ceresna welcome, Dr. Pippa Malmgren & Jim Bianco.  They’ll discuss whether AI and Robotics are going to take our jobs, Nuclear Fusion, Disappearing Scientists, and much more. bit.ly/4tXAlJr

 🔻Download Big... more

MacroVoices Erik Townsend & Patrick Ceresna welcome, Morgan Downey. They discuss the ongoing crisis, with Morgan warning that all buffers and safety margins have been exhausted, explaining why a Strait closure lasting another month could drive oil pr... more

YouTube

MacroVoices Erik Townsend & Patrick Ceresna welcome, Mike Green. They discuss why the Hormuz crisis hasn’t derailed the S&P 500’s surge to new all-time highs, Mike’s disagreement with secular-inflation forecasts, why Kevin Warsh could be more likely ... more

YouTube

MacroVoices Erik Townsend & Patrick Ceresna welcome, Louis-Vincent Gave. They’ll discuss, what’s going on in the conflict and what it will mean for global markets in the coming months. bit.ly/42T7eeW

 🔻Download Big Picture Trading Chartbook... more

YouTube

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Recent Guests

Dr. Pippa Malmgren
Geopolitics institute founder and CEO
Geopolitica Institute
Episode: MacroVoices #534 Dr. Pippa Malmgren: Superpower War or Superpower Hug?
Jim Bianco
Bianco Research Founder
Bianco Research
Episode: MacroVoices #534 Dr. Pippa Malmgren: Superpower War or Superpower Hug?
Morgan Downey
Boxwood CEO; author of Oil 101
Boxwood; Oil 101
Episode: MacroVoices #533 Morgan Downey: The Return of Oil 101
Adam Rozencwajg
Gehring and Rozencwajg co-founder
Gehring and Rozencwajg
Episode: MacroVoices #527 Adam Rozencwajg: What Comes Next After The Iran Crisis
Matt Barrie
Freelancer.com founder
Freelancer.com
Episode: MacroVoices #526 Matt Barrie: Pay To PrAI
Anas Alhajji
Energy Outlook Advisors founder and managing partner
Energy Outlook Advisors
Episode: MacroVoices #526 Matt Barrie: Pay To PrAI
Simon White
Bloomberg macro strategist, feature interview guest
Bloomberg
Episode: MacroVoices #524 Simon White: War + Inflation = More Inflation
Rory Johnston
Commodity Context founder
Commodity Context
Episode: MacroVoices #524 Simon White: War + Inflation = More Inflation
Matt Loszak
Founder and CEO of Aloe Atomics
Aloe Atomics
Episode: MacroVoices #522 Matt Loszak: Factory Mass-Production of Advanced Nuclear Power Plants

Hosts

Erik Townsend
Host of Macro Voices; long-time commodities and macro discussion leader
Patrick Ceresna
Co-host and Macro Scoreboard presenter; frequent co-host in episodes

Reviews

4.8 out of 5 stars from 6.8k ratings
  • #528

    Luke watches way too much CNN. Don’t forget to renew your Dem membership Luke

    Apple Podcasts
    2
    Bobcanada 9
    Canada2 months ago
  • Double-Headers So Good

    This new two-for-one’s are excellent. Both long-term and timely interviews have made this podcast even better. Bravo.

    Apple Podcasts
    5
    McKinstryJr
    United States2 months ago
  • Ridiculous tin hat conspiracy theories

    guest on the show says it’s deep state that is continuing the Iran war. Everything that he said is wrong and turned out to be wrong. Shows the show is stupid and clueless

    Apple Podcasts
    1
    Late_to_Cloud (and AI )
    United States3 months ago
  • The best!!

    One of the best show I listen to keep myself updated on the investment world. Keep up the great work. Thank you!!

    Apple Podcasts
    5
    A Astor
    Canada3 months ago
  • Used to be better

    Changing my review after listening to the show for years. As other reviewers mentioned, the quality here used to be better. But I think I’m done with it now. The precious metals coverage content was one of the main things I wanted to hear. After one of the largest moves in silver pricing ever, we got an extremely in-depth conversation of gold yet zero comments on the silver market over the past week? Come on.

    Apple Podcasts
    3
    Sellfone
    United States4 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The show features high-quality guests and rigorous market analysis.
Listeners appreciate in-depth macro and commodity coverage with actionable ideas.
Some listeners critique host commentary and bias but praise guest expertise.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#70
United States/Business/Investing
Apple Podcasts
#222
United States/Business
Apple Podcasts
#28
Canada/Business/Investing
Apple Podcasts
#44
United Kingdom/Business/Investing
Apple Podcasts
#79
Canada/Business
Apple Podcasts
#143
United Kingdom/Business

Talking Points

Recent interactions between the hosts and their guests.

MacroVoices #533 Morgan Downey: The Return of Oil 101
Q: What does the longer-term energy security picture look like beyond the immediate crisis?
Downey outlines reshaping infrastructure, including pipelines to bypass Hormuz, and warns that the crisis could accelerate long-term shifts in oil production, storage, and global supply chains.
MacroVoices #533 Morgan Downey: The Return of Oil 101
Q: What could cause a sustained higher price environment—200+ oil—and how long might demand destruction take?
He explains that higher prices are needed to trigger demand destruction, with a realistic scenario of 150-200 oil within the next month or two if the crisis persists, and several months for full demand destruction to play out.
MacroVoices #533 Morgan Downey: The Return of Oil 101
Q: Is this just another hiccup, or is this a significant event in the history of the oil market?
Downey responds that the event is significant, likely to redefine energy infrastructure and market dynamics for years, with longer restart times and new resilience requirements.
MacroVoices #532 Mike Green: Record Mechanical Flows
Q: What is driving the current market behavior if macro factors aren't the primary force?
Mike Green argues that passive and systematic fund flows are the primary drivers, with the machinery of passive investments dictating price moves through flows and rebalancing rather than traditional macro analyses.
MacroVoices #529 Ole S Hansen: Commodities in The Wake of The Iran Crisis
Q: What is the dominant takeaway about forward curves in this energy dislocation?
Ole Hansen emphasizes that extreme backwardation creates meaningful carry and tailwinds for investors positioned on the deferred portion of the curve, not just front-month prices, making longer-dated hedges and options strategies appealing in a disrupted energy environment.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About Macro Voices

What is Macro Voices about and what kind of topics does it cover?

A deep-dive finance and macro show that pairs ongoing market commentary with high-profile interviews. Episodes frequently explore commodity cycles, energy dynamics, geopolitics, and policy tools shaping global markets, often tying them to technology trends, currency regimes, and liquidity conditions. Notable are cross-asset discussions that connect real-world events to investment ideas, plus a post-game segment offering actionable takeaways. The format tends to attract listeners who want rigorous, data-driven perspectives from seasoned market participants and researchers, with a notable emphasis on risk factors and regime changes across economies.

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How many listeners does Macro Voices get?

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Which podcasts are similar to Macro Voices?

These podcasts share a similar audience with Macro Voices:

1. The Market Huddle
2. Monetary Matters with Jack Farley
3. Forward Guidance
4. Thoughtful Money with Adam Taggart
5. The Grant Williams Podcast

How many episodes of Macro Voices are there?

Macro Voices launched 10 years ago and published 304 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Macro Voices?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

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What guests have appeared on Macro Voices?

Recent guests on Macro Voices include:

1. Dr. Pippa Malmgren
2. Jim Bianco
3. Morgan Downey
4. Adam Rozencwajg
5. Matt Barrie
6. Anas Alhajji
7. Simon White
8. Rory Johnston

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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