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 Sarrezna.

Macro Voices Episode 28-0 was recorded on July 15, 2021. I'm Eric Townsend. This episode

is brought to you by Abbex Technologies pioneering the design of smarter markets that better

meet the needs of both market participants and society as a whole, and by FarmTogether.com

bringing farmland a new trillion dollar investment opportunity within reach of all accredited

investors.

Very at perception, market strategist Aaron Param joins me as this week's feature interview

guest. We'll discuss whether inflation is secular or transitory. Stocks, US dollar,

emerging markets, China, bond yields, commodities, and much more. Then be sure to stay tuned

for our post game segment after the feature interview when Patrick's chart deck is titled

Sector's Breath and the Gold Options Q. In the interest of transparency, due to international

travel quarantine lockdown and coping with having my luggage stolen, I'm not as on top

of the markets as usual this week and will be relying on Patrick for some support in

the market wrap.

And I'm Patrick Sarrezna, Eric. Let's start with that S&P 500. I've been kind of tapping

toward that 4,400 level a little bit of selling here. What's your take on all the price

action here?

Patrick, the last few days I've been out of touch with my charts. Some equipment got stolen

...