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 302 was recorded on December 16, 2021. I'm Eric Townsend. This episode

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

serve the needs of both market participants and society as a whole. And by escrow.com,

the world's most secure online payment system from a counterparty risk perspective because

the funds sit in escrow.

Fasanara Capital Founder Francesco Filiad returns as this week's feature interview guest.

Francesco surprised me with a chart deck quite different than those he shared with us in

the past. He'll share a vision for the coming digitization of financial assets which

differs considerably from my own. That's coming up in this week's feature interview.

Then be sure to stay tuned for our post game segment when I'll be giving an update on

how the Omicron variant has reshaped my own market outlook and then Patrick's chart

deck which is titled Santa Claus Rally or Lump of Coal.

And I'm Patrick Sarrezna. Eric, let's get to the S&P 500. We saw a little bit of weakness

at the start of the week but as we went into that FOMC, a pretty decisive reversal up to

retest its previous highs. Is the bulltrunk going to continue into a Santa Claus Rally

in your mind?

I think it probably will at least in the immediate short term sense. So maybe through

...