This is Macro Voices with hedge fund manager Eric Townsend, the free weekly financial

podcast targeting professional finance, high net worth individuals, family offices, and

other sophisticated investors. Macro Voices is all about the brightest minds in the world

of finance and macroeconomics telling it like it is. Bullish your bearish, no holds

barred. Now here are your hosts, Eric Townsend and Patrick Sarresna.

Macro Voices episode 226 was recorded on July 2nd, 2020. I'm Eric Townsend. This episode

of Macro Voices is dedicated to healthcare workers all over the world, the true heroes

of the COVID-19 pandemic crisis and is brought to you by top traders onplug.com, a podcast

dedicated to quant and rules based investing, helping investors overcome behavioral biases.

Nomuras cross asset macro strategist Charlie McElegant returns as this week's feature

interview guest. We'll discuss what's keeping stock prices elevated in the face of a global

pandemic, treasury yields, and much much more. We got terrific feedback on Harley Basman's

macro interview last week, but when I mentioned the possibility of Harley and Patrick going

deep on options Greeks in a future post game segment, some of you really got excited.

So be sure to stay tuned for our post game segment this week when Harley Basman inventor of

the move index returns to talk options with Patrick. You can expect a double dose of Delta

hedging as Harley and Patrick antidote a severe case of ThetaBurn preparing themselves

for the gamma flip.

All right. And I'm Patrick Sarasana Eric. Before we even get to markets, the coronavirus cases

are still on the rise with new case in the US hitting new highs, 30% higher than they

were at the peak, which most people assumed at the time was the worst of the crisis. So

what's going on there?

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