MacroVoices #192 Keith McCullough : Inflation Accelerating
Macro Voices
Hedge Fund Manager Erik Townsend
4.8 • 3.4K Ratings
🗓️ 7 November 2019
⏱️ 93 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is Macro Voices with hedge fund manager Eric Townsend, the free weekly financial |
| 0:14.2 | podcast targeting professional finance, high net worth individuals, family offices, and |
| 0:20.0 | other sophisticated investors. Macro Voices is all about the brightest minds in the world |
| 0:25.5 | of finance and macroeconomics telling it like it is. Bullish your bearish, no holds |
| 0:30.8 | barred. Now here are your hosts, Eric Townsend and Patrick Sarasna. |
| 0:37.1 | Macro Voices Episode 192 was recorded on November 7th, 2019. I'm Eric Townsend. This episode |
| 0:44.4 | of Macro Voices is brought to you by Top Traders on Plug.com, which happens to be my own favorite |
| 0:50.2 | podcast when it comes to quant and rules based investing. By popular request of our listeners, |
| 0:56.5 | my feature interview guest this week is Hedge Eye Founder Keith McCullough. We'll discuss why |
| 1:01.9 | Keith says accelerating inflation will be the key macro driver to pay attention to, and then |
| 1:08.3 | we'll translate that view into some actionable trading strategies. And be sure to stay tuned for |
| 1:14.1 | our post-game segment after the feature interview when Patrick and I will discuss Ray Dalio's |
| 1:19.8 | recent article, The World Has Gone Mad, and the system is broken. There's a link to that |
| 1:25.0 | article in your research roundup email. We've also got a post-game chart book where we'll review |
| 1:30.3 | all of the S&P sectors, talk about which sectors are hot and which are not. And I'm Patrick Sarasna, |
| 1:36.9 | Eric, let's get to this S&P 500. It's just not quitting. I mean, we almost tapped 3,100 today on |
| 1:42.4 | the S&P. What's your thinking on the markets? Well, clearly the melt-up is on and it's no surprise |
| 1:48.7 | at all to me. Needless to say, if this keeps going, the ratio call spread advocated by Tian Yang |
| 1:54.8 | a couple weeks ago on this program is going to start paying off in spades. And I really think |
| 2:00.3 | that's the way to play this market. Now, the ratio call spread is just one specific strategy. But, |
| 2:05.6 | you know, I think what's happening here is there is a backdrop of really bad fundamentals and lots |
| 2:11.4 | of reasons that if the old normal where economic fundamentals still drove the stock market was, |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2025.