Hot Topic #7 COVID-19 Update: USA and all of Europe will look like Italy within one month!

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.8 • 3.4K Ratings

🗓️ 12 March 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Host Erik Townsend gives his most bearish and dire outlook yet for the COVID19 crisis, predicting the United States and all of Europe will soon experience what Italy is now experiencing. Link: http://bit.ly/2Q9ZRLk

Transcript

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0:00.0	This is a special edition of Macrovoises with hedge fund manager Eric Townsend.
0:14.2	The premier financial podcast targeting professional finance, high net worth individuals, family
0:19.8	offices, and other sophisticated investors.
0:23.0	Now for this special edition of Macrovoises, here's hedge fund manager Eric Townsend.
0:30.0	Macrovoises Hot Topics episode number seven was recorded on March 12, 2020.
0:35.2	I'm Eric Townsend.
0:36.8	There won't be any guest for this episode.
0:38.7	It's just me and the subject is an update on the COVID-19 coronavirus crisis.
0:44.8	I'm going to lay out what is going to be my most bearish and frankly my most
0:49.1	candidate honest assessment yet.
0:52.0	So before going on, if you're one of the many people who seems to
0:55.8	object to speculation on incomplete and inconclusive information about important public
1:03.1	health matters like this, I certainly understand that perspective, but look, I'm not a public
1:08.4	health official.
1:09.4	My job is to speculate with incomplete and inconclusive information for the purpose of
1:15.1	trying to gauge where financial markets are headed.
1:18.1	This report is going to be considerably more concerning than my previous reports on
1:22.7	this subject.
1:23.8	If that's not for you, please just stop listening.
1:26.3	Don't send me emails telling me it's irresponsible and that I'm fear mongering.
1:29.9	I'm not.
1:30.9	I'm quite certain that I'm not afraid.
	...

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