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

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

PublishesWeeklyEpisodes304Founded11 years ago
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InvestingBusiness

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Artwork for Macro Voices

Latest Episodes

MacroVoices Erik Townsend & Patrick Ceresna welcome, Darius Dale. They discuss how fourth-turning dynamics, debt “disease,” and policy manipulation are reshaping bond markets. bit.ly/4cSYSJI

✅Sign up for a FREE 14-day trial at Big Picture Tr... more

MacroVoices Erik Townsend & Patrick Ceresna welcome, Michael Howell.  They discuss the 65-month global liquidity cycle, where we stand currently, and what comes next. bit.ly/3UfVKBc

✅Sign up for a FREE 14-day trial at Big Picture Trading: ht... more

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MacroVoices Erik Townsend & Patrick Ceresna welcome, Viktor Shvets. They discuss everything from Hormuz to Inflation signals to precious metals to the k-shaped economy. bit.ly/4wHXdyt

✅Sign up for a FREE 14-day trial at Big Picture Trading: ... more

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MacroVoices Erik Townsend & Patrick Ceresna welcome, Jim Bianco. They will discuss this weeks FOMC meeting. bit.ly/4wz7e16

✅Sign up for a FREE 14-day trial at Big Picture Trading: secure.bigpicturetrading.com/membership/signup/fOY4YJ... more

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Recent Guests

Viktor Shvets
Global strategist, Macquarie Investments
Macquarie Capital
Episode: MacroVoices #544 Viktor Shvets: How Markets Survive Disruption
Morgan Downey
Boxwood CEO; author of Oil 101
Boxwood; Oil 101
Episode: MacroVoices #533 Morgan Downey: The Return of Oil 101
Anas Alhajji
Energy Outlook Advisors founder and managing partner
Energy Outlook Advisors
Episode: MacroVoices #526 Matt Barrie: Pay To PrAI
Matt Loszak
Founder and CEO of Aloe Atomics
Aloe Atomics
Episode: MacroVoices #522 Matt Loszak: Factory Mass-Production of Advanced Nuclear Power Plants
Craig Tindale
Private investor, longtime Macro Voices listener and article author.
Episode: MacroVoices #516 Craig Tindale: Critical Materials, A Strategic Analysis
Mark Williams
Partner with Lane Neve and architect of New Zealand's Active Investor Plus Visa Program
Lane Neve
Episode: MacroVoices #513 Why Are All The Rich Guys Moving To New Zealand and What Do They Know?
Graham Lawrence
Managing Tax Partner for New Zealand at Acclime, specializing in tax advisory for new immigrants
Acclime
Episode: MacroVoices #513 Why Are All The Rich Guys Moving To New Zealand and What Do They Know?
Brendan Goodwin
Realtor and lawyer specializing in high-end property for international clients
Goodwin's
Episode: MacroVoices #513 Why Are All The Rich Guys Moving To New Zealand and What Do They Know?
Lakshman Achuthan
Co-founder of the Economic Cycles Research Institute
Economic Cycles Research Institute
Episode: MacroVoices #508 Laskhman Achuthan: Inflation Cycles Amid Regime Change

Hosts

Erik Townsend
Host with Macro Voices role; primary macro investor focus.
Patrick Ceresna
Co-host; market analyst contributing macro and energy-market perspectives.

Reviews

4.8 out of 5 stars from 6.8k ratings
  • How Marks survived disruption

    Awesome show -some of the guests have a real strong accent and are a hard to understand, -appreciate the great show!

    Apple Podcasts
    4
    easuccess2
    United States11 days ago
  • Finally someone brave

    You finally brought someone that was “telling it like it is, bullish or bearish, no holds barred”. By that I mean that Luke Gromen was the only one that is saying the truth about America and its lack of accountability.

    And what does it have to do with finance? Everything. Your president is making everything 100x worse and accelerating US decline. Gold has responded, long term de-dollarization is alive, world (minus the US) partnerships are thriving.

    Thank god China is here to help. It might be ... more

    Apple Podcasts
    5
    Edxs
    Canadaa month ago
  • Is it Cramer now?

    Well my friend, you were wrong about Dollar, oil, imminent correction and Uranium (a bit early to judge, for the latter).

    But, should I take the opposite side trade just like I do with Cramer?

    Your analysis are not bad despite your misses, but…

    In time, listening Craig Tindale, time ago, was a pain. Please do not invite these clowns.

    Apple Podcasts
    3
    Edxs
    Canada2 months ago
  • Consistently informative and interesting.

    Erik and team produce excellent programs on markets, finance and economics.

    Apple Podcasts
    5
    Tawm2
    United States3 months ago
  • The best period.

    Following the show for years, great interviews and opinions from the hosts. Thanks to the team pulling this show. Best regards.

    Apple Podcasts
    5
    ApppleNoMore
    United States3 months ago

Listeners Say

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

Guests and interviews are generally high-caliber with strong market relevance.
Listeners value the depth and breadth of macro coverage and actionable trading ideas.
Some episodes attract polarized feedback about guest viewpoints and show direction.

Chart Rankings

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

Apple Podcasts
#72
United States/Business/Investing
Apple Podcasts
#234
United States/Business
Apple Podcasts
#28
Canada/Business/Investing
Apple Podcasts
#51
United Kingdom/Business/Investing
Apple Podcasts
#77
Canada/Business
Apple Podcasts
#143
United Kingdom/Business

Talking Points

Recent interactions between the hosts and their guests.

MacroVoices #541 Dr. Anas Alhajji: Bab el-Mandeb: The Next Oil Chokepoint Nobody's Watching
Q: What is the current risk assessment for Bab el-Mandeb, and how do insurance dynamics influence potential closures?
The current risk hinges on Houthi actions and IRGC influence; closures could occur temporarily to affect prices and insurance rates. The market would likely react through higher insurance costs and price spikes, even if the strait reopens quickly, due to lingering risk perceptions.
MacroVoices #541 Dr. Anas Alhajji: Bab el-Mandeb: The Next Oil Chokepoint Nobody's Watching
Q: Why did Anas predict a closure in Hormuz a year before it happened, and what was the underlying logic regarding China?
Anas argued that the US pursued energy independence and then energy dominance, using strategic leverage in oil markets to impact China via supply security and AI-driven demand. He suggested that global players would adjust inventories, LNG flows, and refining capacity in anticipation of strategic moves, with China already positioning to absorb shocks by diversifying energy sources and increasing domestic production.
MacroVoices #539 Rory Johnston: Hormuz Crisis, is it Really Over?
Q: How did China influence the shorter-term oil market during the crisis?
China's import reductions and SPR releases helped cap price spikes, acting as a major offset to Hormuz-related supply disruptions and allowing the global market to avoid a sharper recession in crude prices.
MacroVoices #539 Rory Johnston: Hormuz Crisis, is it Really Over?
Q: What is the key takeaway from the Hormuz situation for immediate market prices?
The situation shows a fragile balance where crude prices are pressured by a steady stream of flows and floating storage drawdowns, while refined product markets stay tighter and crack spreads remain elevated, implying refiners may benefit even if crude does not rebound sharply.
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.

Audience Metrics

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Frequently Asked Questions About Macro Voices

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

A high-signal, macro-focused show that blends in-depth interviews with prominent finance and energy-market experts and rigorous market analysis. Episodes frequently cover geopolitical tensions, energy security, inflation dynamics, and the mechanics of financial markets, often connecting global events to portfolio implications and trading ideas. Notable is the program's willingness to host a wide range of viewpoints—from geopolitical strategists to energy analysts and macro economists—providing listeners with scenario planning and actionable insights for sophisticated investing and risk management.

A standout trait is the sustained emphasis on energy, commodities, and macro policy as drivers of markets, with practical trading ideas and educ... more

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Which podcasts are similar to Macro Voices?

These podcasts share a similar audience with Macro Voices:

1. Monetary Matters with Jack Farley
2. The Market Huddle
3. Forward Guidance
4. Thoughtful Money with Adam Taggart
5. Wealthion - Be Financially Resilient

How many episodes of Macro Voices are there?

Macro Voices launched 11 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.

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What guests have appeared on Macro Voices?

Recent guests on Macro Voices include:

1. Viktor Shvets
2. Morgan Downey
3. Anas Alhajji
4. Matt Loszak
5. Craig Tindale
6. Mark Williams
7. Graham Lawrence
8. Brendan Goodwin

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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