MacroVoices #180 Daniel Lacalle: The bond market gets it. Global Stocks get it. The S&P 500 has been slow to get the memo.

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.8 • 3.4K Ratings

🗓️ 15 August 2019

⏱️ 82 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Erik Townsend and Patrick Ceresna welcome Daniel Lacalle to MacroVoices. Erik and Daniel discuss the risks of competitive devaluation, how the global demand for the dollar is driving the monetary policy & the outlook on gold and its new correlation to the dollar. Link: http://bit.ly/2KUwOYW

Transcript

Click on a timestamp to play from that location

0:00.0	This is Macro Voices with hedge fund manager Eric Townsend.
0:13.1	The free weekly financial podcast targeting professional finance, high net worth individuals,
0:18.9	family offices, and other sophisticated investors.
0:22.6	Macro Voices is all about the brightest minds in the world of finance and macroeconomics
0:27.5	telling it like it is.
0:29.2	Bullish your bearish.
0:30.5	No holds barred.
0:31.9	Now here are your hosts, Eric Townsend and Patrick Sarasna.
0:37.3	Macro Voices episode 180 was recorded on August 15, 2019.
0:43.1	I'm Eric Townsend.
0:44.7	This episode of Macro Voices is brought to you by top traders on plugged.com, the only
0:49.8	podcast dedicated to quant and rules-based investing, which I highly recommend.
0:56.0	Professor and fund manager Daniel Leccaier is back as this week's feature interview
1:00.8	guest, and we'll have a detailed discussion of monetary policy, including what the political
1:06.4	popularity of modern monetary theory will mean for markets.
1:11.0	And why Professor Leccaier thinks the bond market has it right, but the S&P 500 has
1:16.4	been slow to get the proverbial memo.
1:19.4	Be sure to stay tuned for our post-game segment after the feature interview when Patrick and
1:24.7	I will discuss risk in the triple B and junk bond markets.
1:29.2	As Macro Voices junkies remember, Louis Vincent Gav told us months ago that the whale in the
1:35.7	triple B bond market was general electric.
1:39.1	Now do you remember the name Harry Markapoulos?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Hedge Fund Manager Erik Townsend, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Hedge Fund Manager Erik Townsend and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.