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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
Oil
OPEC
Trump Tariffs
Interest Rates
Iran
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

PublishesWeeklyEpisodes304Founded10 years ago
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InvestingBusiness

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Artwork for Macro Voices

Latest Episodes

MacroVoices Erik Townsend & Patrick Ceresna welcome, Brent Johnson. They’ll discuss the Iran deal, Brent’s outlook for the U.S. dollar, and much more. bit.ly/4xRl8ga

 🔻Download Big Picture Trading Chartbook 📈📉: bit.ly/4eOilN4

✅Si... more

MacroVoices Erik Townsend & Patrick Ceresna welcome, Larry McDonald. They discuss what’s driven this sell-off, whether the Iran conflict had anything to do with it, and where the opportunities lie in today’s markets. bit.ly/4ebDAHe

 🔻Downlo... more

MacroVoices Erik Townsend & Patrick Ceresna welcome, Michael Every & Rory Johnston. They discuss all things Iran from geopolitics to inflation outlook to what it means for China to President Trump and Secretary Bessent’s stablecoin statecraft ambitio... more

YouTube

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

YouTube

Key Facts

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Recent Guests

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
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
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?
David Rosenberg
Founder of Rosenberg Research and Economist
Rosenberg Research
Episode: MacroVoices #512 David Rosenberg: Will The 2025’s K become 2026’s

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
  • Consistently informative and interesting.

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

    Apple Podcasts
    5
    Tawm2
    United States18 days 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 Statesa month ago
  • #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 States3 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

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
#37
United States/Business/Investing
Apple Podcasts
#136
United States/Business
Apple Podcasts
#16
Canada/Business/Investing
Apple Podcasts
#37
Canada/Business
Apple Podcasts
#37
United Kingdom/Business/Investing
Apple Podcasts
#103
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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Gender Skew
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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. The Market Huddle
2. Monetary Matters with Jack Farley
3. Forward Guidance
4. Thoughtful Money with Adam Taggart
5. Eurodollar University

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.

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What guests have appeared on Macro Voices?

Recent guests on Macro Voices include:

1. Morgan Downey
2. Anas Alhajji
3. Rory Johnston
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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