Podcast by Hedge Fund Manager Erik Townsend, Macro Voices

Macro Voices

Podcast by Hedge Fund Manager Erik Townsend

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

Macroeconomics

<ul><li>Stock market experienced a significant decline on Monday, prompting thoughts of hedging downside risk with options back in February.</li><li>There are still strategies using options to manage risk and repair portfolios, as discussed in upcoming webinar.</li><li>Variant Perception CEO Tian Yang discusses macro environment, impact of Trump's policies, and the economy in interview with Macro Voices host Eric Townsend.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Stock market experienced a significant decline on Monday, prompting thoughts of hedging downside risk with options back in February.There are still strategies using options to manage risk and repair portfolios, as discussed in upcoming webinar.Variant Perception CEO Tian Yang discusses macro environment, impact of Trump's policies, and the economy in interview with Macro Voices host Eric Townsend.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

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

Commodities

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

<ul>
<li>Oil markets in 2024 experienced slow supply and demand growth after years of high volatility</li>
<li>Heading into 2025, demand is reaccelerating faster than supply, leading to a bullish outlook</li>
<li>With low inventory levels and a modest supply deficit expected, prices are likely to gradually rise to low 80s Brent basis</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


Oil markets in 2024 experienced slow supply and demand growth after years of high volatility
Heading into 2025, demand is reaccelerating faster than supply, leading to a bullish outlook
With low inventory levels and a modest supply deficit expected, prices are likely to gradually rise to low 80s Brent basis

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

MacroVoices #465 Rory Johnston: Oil Markets Under Trump 2.0

Cross Asset Strategy

<ul><li>December S&amp;P 500 futures are up 116 basis points, trading at 6900, with potential levels to watch.</li><li>US Dollar Index is down 11, consolidating 2-year highs.</li><li>January WTI crude oil contract down 68 basis points, remaining in a primary downtrend.</li><li>Additional points discussed include tech companies embracing nuclear energy, the uranium market outlook, and commentary on market trends for gold, bonds, and equities. Each market is assessed for potential trends and indicators that may influence future movements.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

December S&amp;P 500 futures are up 116 basis points, trading at 6900, with potential levels to watch.US Dollar Index is down 11, consolidating 2-year highs.January WTI crude oil contract down 68 basis points, remaining in a primary downtrend.Additional points discussed include tech companies embracing nuclear energy, the uranium market outlook, and commentary on market trends for gold, bonds, and equities. Each market is assessed for potential trends and indicators that may influence future movements.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

MacroVoices #457 Justin Huhn: The Fundamentals For Nuclear Keep Getting Better

Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

<ul><li>S&amp;P 500 futures down 33 basis points, showing signs of exhaustion</li><li>US dollar index up 67 basis points, driven by euro reversal</li><li>China's unexpected outperformance in equities may be linked to US stimulus actions and coordination</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

S&amp;P 500 futures down 33 basis points, showing signs of exhaustionUS dollar index up 67 basis points, driven by euro reversalChina's unexpected outperformance in equities may be linked to US stimulus actions and coordinationThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

MacroVoices #448 Luke Gromen: Why the Gold Recycling Trade is Accelerating

<ul><li>Updates on the Macro scoreboard, including the S&amp;P 500 futures and the US dollar index</li><li>Key news to watch next week, such as consumer confidence numbers and GDP</li><li>Interview with Mike Green from Simplify Asset Management discussing inflation and monetary policy, potential risks and market expectations</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Updates on the Macro scoreboard, including the S&amp;P 500 futures and the US dollar indexKey news to watch next week, such as consumer confidence numbers and GDPInterview with Mike Green from Simplify Asset Management discussing inflation and monetary policy, potential risks and market expectationsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

MacroVoices #416 Mike Green: Inflation is Dead? Can You Buy Commodities Anyway?

Macro Voices
Podcast by Hedge Fund Manager Erik Townsend
• Macro Voices

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

The article discusses the importance of hedging downside equity market risk with options, the recent market movements, key economic indicators to...

Macro Voices

MacroVoices #465 Rory Johnston: Oil Markets Under Trump 2.0

Patrick Ceresna emphasizes the importance of heavy blend stock for refining U.S. shale oil as the S&P 500, US dollar index, and various commodity...

Macro Voices

MacroVoices #457 Justin Huhn: The Fundamentals For Nuclear Keep Getting Better

The December S&P 500 features are up, US Dollar Index is down, WTI crude oil contract is down, and there is discussion on advanced nuclear...

Macro Voices

MacroVoices #448 Luke Gromen: Why the Gold Recycling Trade is Accelerating

The financial markets are experiencing mixed movements with S&P 500 futures and gold contract down, US dollar index and WTI crude oil contract up,...

Macro Voices

MacroVoices #416 Mike Green: Inflation is Dead? Can You Buy Commodities Anyway?

What if the data told the Fed to go the other direction and we had rate hikes between now and the election? Feels to me like nobody's positioned...

Macro Voices