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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
Iran
OPEC
Trump Tariffs
Interest Rates
Commodities
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

PublishesWeeklyEpisodes304Founded11 years ago
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BusinessInvesting

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Artwork for Macro Voices

Latest Episodes

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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MacroVoices Erik Townsend & Patrick Ceresna welcome, Luke Gromen. They discuss how the Strait of Hormuz remained closed for months, why crude oil prices did not respond as expected, and what may happen as the conflict re-escalates. They also cover pr... more

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MacroVoices Erik Townsend & Patrick Ceresna welcome, Dr. Anas Alhajji. They’ll discuss Anas’s review on how we got into this conflict and why he still believes that it was the goal of the United States to close Hormuz. bit.ly/4wKIgvh

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MacroVoices Erik Townsend & Patrick Ceresna welcome, Adam Parker. They discuss the U.S equity market. bit.ly/4aK7d1u

 🔻Download Big Picture Trading Chartbook 📈📉: bit.ly/4btGdn1

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Recent Guests

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
Luke Gromen
Forrest for the Trees founder
Forest for the Trees
Episode: MacroVoices #528 Luke Gromen: Hormuz Could Lead To a 1956 US Suez Moment
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
Matt Loszak
Founder and CEO of Aloe Atomics
Aloe Atomics
Episode: MacroVoices #522 Matt Loszak: Factory Mass-Production of Advanced Nuclear Power Plants
Michael Every
Global strategist in the economics and markets team for Rabobank.
Rabobank
Episode: MacroVoices #520 Michael Every: USD Stablecoins in The Age of Economic Statecraft
Alex Gurevich
Founder of Hante Investments and best-selling author
Hante Investments
Episode: MacroVoices #519 Alex Gurevich: The Next Perfect Trade
Craig Tindale
Private investor, longtime Macro Voices listener and article author.
Episode: MacroVoices #516 Craig Tindale: Critical Materials, A Strategic Analysis

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
  • 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 States2 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
  • #528

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

    Apple Podcasts
    2
    Bobcanada 9
    Canada4 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 States4 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
#35
United States/Business/Investing
Apple Podcasts
#128
United States/Business
Apple Podcasts
#20
Canada/Business/Investing
Apple Podcasts
#37
United Kingdom/Business/Investing
Apple Podcasts
#51
Canada/Business
Apple Podcasts
#108
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

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 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. The Grant Williams Podcast

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.

How do I contact Macro Voices?

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What guests have appeared on Macro Voices?

Recent guests on Macro Voices include:

1. Jim Bianco
2. Morgan Downey
3. Luke Gromen
4. Matt Barrie
5. Anas Alhajji
6. Matt Loszak
7. Michael Every
8. Alex Gurevich

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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