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 318 was recorded on April 7th, 2022. I'm Eric Townsend.

This episode of Macro Voices was brought to you by FarmTogether.com where you can hedge

against inflation and protect your portfolio by investing in U.S. farmland, now available

to all accredited investors and by composer, making institutional grade quantitative algorithmic

trading and back testing available to the masses. Bill Blaine returns as this week's

feature interview guest will discuss inflation, what it means for the bond market, the impact

of ESG on the energy market, and much more. Then be sure to stay tuned for our post-game

segment. When we'll have a quick update on a bear rate on the stock of Abbex Technologies,

a company that I and many of our regular listeners have invested in, followed by Patrick's

ChartTech, which is titled Bond Carnage in Macroland.

And I'm Patrick Sarrezna, Eric. Let's get to the S&P 500. After a 500 pollnet rally in

a couple weeks the upside, we were so overdue for a market correction and here we are, well

over 100 S&P points off the highs throughout the week. Is this just a market pause or do

you think that this can turn into something more? I don't really have a strong view on equities

here, but it looks to me just looking at the chart like the bear market rallies over.

I think that there wasn't really a lot of fundamental reason for this and I'll say that

in my perspective, what's really going on right now I think is we have people who are

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