Hedge Fund Manager Erik Townsend

Macro Voices

Business EN ↓ 300 episodes

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

Author

Hedge Fund Manager Erik Townsend

Category

Business

Podcast website

www.macrovoices.com

Latest episode

Jul 9, 2026

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Episodes

MacroVoices #490 Dr. Pippa Malmgren: Bessent, Stablecoin & JFK 24.07.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Dr Pippa Malmgren. They discuss everything from the future of Stablecoins and the fate of the U.S. dollar as reserve currency to America's possible transition into a 7th party political system and even some shocking revelations about Jeffrey Epstein that go far beyond the usual headlines. https://bit.ly/3H2eFt1   🔻Download Big Picture Tradi...

MacroVoices #489 Darius Dale: Are You Positioned For The Melt-Up? 17.07.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Darius Dale. They discuss why Darius is bullish on U.S. equities, echoing Lyn Alden's recent views, as the U.S. pivots to a pro-growth fiscal policy aimed at "growing our way out" of its national debt crisis. But Darius also warns that if this strategy fails, the likely fallback will be monetary debasement, so investors should take profits b...

MacroVoices #488 Lyn Alden: Run It Hot! 10.07.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Lyn Alden. They discuss why Lyn believes investors should run their portfolios hot in today’s environment. With fiscal policy now driving market outcomes more than monetary, Lyn argues this backdrop supports further upside for equity markets. https://bit.ly/4lFuowO   🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4lKvEyJ   ✅S...

MacroVoices #487 Larry McDonald: The Great Migration To Hard Assets 03.07.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Larry McDonald. They’ll discuss everything from copper to the dollar to precious metals. https://bit.ly/3Gqe0Bt   🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/3TVQ1gu   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag     🔴 Subscribe to Patrick’s Youtube Channel: https://www.youtube.com/@Patr...

MacroVoices #486 David Rosenberg: Navigating Choppy Waters 26.06.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, David Rosenberg. They discuss the equity market outlook, inflation, precious metals, the U.S. Dollar, and much more. https://bit.ly/3TJ6MLO   🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/3ZRPY90   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag     🔴 Subscribe to Patrick’s Youtube Channel: h...

MacroVoices #485 Jeff Currie: The Joule Order 18.06.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Jeff Currie. They’ll discuss what Jeff calls the “New Joule Order” and why Jeff says there’s really no limit to how much higher the price of Gold can go given the current macro backdrop. https://bit.ly/4na3hvu   🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/44lfjdT   ✅Sign up for a FREE 14-day trial at Big Picture Trading: h...

MacroVoices #484 Rory Johnston: Crude Oil Forward Curve Conundrum 12.06.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Rory Johnston. They’ll discuss Rory’s view that the WTI forward curve has taken an unprecedented and bizarre shape, and much more. https://bit.ly/4jSlHOz   🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4kWdMk2   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag  🔴 Subscribe to Patrick’s Youtube...

MacroVoices #483 Vincent Deluard: MAGA vs. Corporate America 05.06.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Vincent Deluard. They’ll discuss why Vincent says recessions have been cancelled by monetary policy, and what he sees on the horizon for asset markets. https://bit.ly/43OuZVM 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/3HtO1Jx   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag 🔴 Subscribe to...

MacroVoices #482 Mike Green: What The Market Is Not Discounting 29.05.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Mike Green. They’ll discuss the tariffs, what they’re really being used for, and why Mike says the President is contradicting himself every time he talks about them. https://bit.ly/4kINH8c 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4khdGDN   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag...

MacroVoices #481 Jim Bianco: This is The End of The Beginning 22.05.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Jim Bianco. They’ll discuss why Jim believes we’re at the “end of the beginning” — a phrase he uses to describe the evolution of Trump-era economic policies. While the initial phase, dominated by tariff strategies, may be winding down, Jim warns that this is just the opening act. https://bit.ly/3Zw8Bip   🔻Download Big Picture Trading Chartb...

MacroVoices #480 Louis-Vincent Gave: What Comes Next After The Trade War Dust Settles 15.05.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Louis-Vincent Gave. They will discuss the Trump tariffs, what they mean for markets, China, precious metals, and more. https://bit.ly/43nwN7Z 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4miq87u   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4d1fcag 🔴 Subscribe to Patrick’s Youtube Channel: https...

MacroVoices #479 Anas Alhajji: What Do Saudi Arabia & Allies in OPEC+ Want from Accelerating the Unwinding of Voluntary Cuts? 08.05.2025

Erik Townsend and Patrick Ceresna welcome Dr. Anas Alhajji to the show to discuss OPEC+ production increase & market reactions, Trump’s visit and oil politics, and the long-term outlook for oil and LNG  & much more. https://bit.ly/43ldvBg What Do Saudi Arabia & Allies in OPEC+ Want from Accelerating the Unwinding of Voluntary Cuts? - Anas Alhajji    🔻Download Big Picture Trading Chart...

MacroVoices #478 Luke Gromen: Trump Tariff Policy Will Drive Gold Even Higher 01.05.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Luke Gromen. They’ll discuss the market’s Trump Tariff Tantrum, as Luke makes the bold case that President Trump could realistically raise enough tariff revenue to exempt the bottom 90% from federal income tax. https://bit.ly/3EOiD7t   🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4iEGX9K   ✅Sign up for a FREE 14-day trial a...

MacroVoices #477 Michael Howell: Are We Approaching A Debt Refinancing Crisis 24.04.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Michael Howell. They’ll discuss cyclicality of credit markets, why we should think of them as a refinancing system rather than a credit origination system, and what can be learned by taking this street-smart approach to credit market analysis. https://bit.ly/42F9PsA 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/3EDxOjM   ✅Si...

MacroVoices #475 Daniel Lacalle: Is This The End of The Monetary System As We Know it? 17.04.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Daniel Lacalle. They’ll discuss Trump Tariffs as the European investment community sees them, and discuss whether this is the dawn of a new age in terms of monetary and economic policy cooperation between the United States and Europe. https://bit.ly/43XhGUI 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/42Cijkj   ✅Sign up for...

MacroVoices #475 Simon White: The Dawn of A New Financial Order 10.04.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Simon White. They’ll discuss, the Trump Tariff Tornado, treasuries, why the basis trade is blowing up, and much more. https://bit.ly/4jaxsAq   🔴 Subscribe to Patrick’s Youtube Channel: https://www.youtube.com/@Patrick_Ceresna 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/3YoXiIk   ✅Sign up for a FREE 14-day trial at Big Pic...

MacroVoices #474 Mike Alkin: Uranium Supply Is In Structural Deficit And The Fuel Buyers Don’t “Get It”! 03.04.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Mike Alkin. They’ll begin by exploring how it’s even possible that investor sentiment remains so negative, despite what has arguably been the most bullish year ever for nuclear energy news. From there, they’ll dive into a range of topics currently shaping the uranium market. https://bit.ly/42fV8fs   🔻Download Big Picture Trading Chartbook...

MacroVoices #473 Matt Barrie: AI of The Storm 27.03.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Matt Barrie. We’ll discuss the shifting business models in both hardware and software, the emergence of AI agents, the puzzling lack of profitability among AI companies, even at the $200/month Pro tier for tools like ChatGPT, and what the future of AI looks like, particularly when it comes to personal data privacy. https://bit.ly/42ioKtA   W...

MacroVoices #472 Lyn Alden: Navigating Headline Driven Markets 20.03.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Lyn Alden. They’ll discuss everything from what’s next for the stock market to international diversification strategies to energy, gold, Bitcoin and more. https://bit.ly/4hrDqLr   Click Here To Register and Watch Stock Repair Strategies using Options Webinar: https://www.bigpicturetrading.com   🔻Download Big Picture Trading Chartbook 📈📉:...

MacroVoices #471 Tian Yang: Tariffs Will Continue Until Morale Improves 13.03.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Tian Yang. They’ll cover LEIs and break down Variant Perception’s outlooks on everything from stocks and fixed income to FX and commodities, including gold. https://bit.ly/41JzAaB Click Here To Register FREE to Big Picture Trading's Hedging Webinar: https://www.bigpicturetrading.com   🔻Download Big Picture Trading Chartbook 📈📉: https://bi...

MacroVoices #470 Michael Every: A Week Where Decades Happen? 06.03.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome back, Michael Every. They'll discuss Michael’s prescient advice to “Take President Trump seriously but not necessarily literally” as he unpacks major headlines, from Oval Office antics and tariffs to executive orders, crypto, global populism, and U.S.-China relations. https://bit.ly/41szF2j 🔻Download Big Picture Trading Chartbook 📈📉: https...

MacroVoices #469 Jeff Snider: The Mar-a-Lago Accord Seen Through A Eurodollar Lens 27.02.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Jeff Snider. They’ll explore Jeff’s criticisms of the current effort and his perspective on how he would approach it differently if he were involved in the Mar-a-Lago discussions. https://bit.ly/4i8hfL4 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/3DlZfxT   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bi...

MacroVoices #468 Darius Dale: Changing World Order 20.02.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Darius Dale. They will dive into the data intensive slide deck that Darius is best known for and talk about everything from sticky inflation to the growth outlook. https://bit.ly/4b7KviM 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4hJa0cM   ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/4cMmu0d 🔴...

MacroVoices #467 Jim Bianco: The Mar-a-Lago Accord 13.02.2025

  MacroVoices Erik Townsend & Patrick Ceresna welcome, Jim Bianco. They’ll discuss Jim’s opinions on the new ‘Mar-a-Lago Accord,’ which he and others speculate could represent the new monetary world order being considered by the Trump administration. https://bit.ly/4kbt7On 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/41fAmNq   ✅Sign up for a FREE 14-day trial at Big Picture T...

MacroVoices #466 Guy Keller: The Nuclear Story Has Never Been Better 06.02.2025

MacroVoices Erik Townsend & Patrick Ceresna welcome, Guy Keller. They’ll explore all things nuclear—from why spot uranium and uranium miners haven’t kept pace with rising enriched uranium prices to uncovering the best investment opportunities in the sector. https://bit.ly/42K3cXz 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4aRKek0   ✅Sign up for a FREE 14-day trial at Big Pi...

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