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 324 was recorded on May 19, 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.

GavCal Research co-founder Louis Vincent Gav returns as this week's feature interview

guest. Louis has a different take on the impact of U.S. seizure of foreign owned assets

and will relate that view to his outlook for bonds, the dollar, stocks, and precious

metals. Then be sure to stay tuned for our post game segment when Patrick's Chart Deck

will be titled, Option Strategies to Repair Losing Positions.

And on Patrick Sarresna, Eric, let's get to that S&P 500. I look like at the start of

the week that we were getting that bounce and the selling just came in from yesterday

and to today bring us right back down to the 52 week low. And it just feels like the

selling is relentless. Do you think of bottoms coming soon or is this just going to keep

going lower?

I think there's plenty of room for it to keep going lower. And you know, I just have

to laugh at some of the guest pitches that we get in email. There's several people offering

to come on the show and explain to our listeners why the market is crashing. It's not crashing,

...