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 330 was recorded on June 30, 2022. I'm Eric Townsend. This episode

of Macro Voices was made possible by respect energy, a leading European trader of renewable

energy and a one-stop shop for all green energy investors.

MI2 Partners founder Julian Brighdon returns as this week's feature interview guest, Julian

was one of the first Macro Voices guests to sound the warning bell on inflation. And

now he says there's plenty of room for both markets and the economy to get worse before

they get better. Then be sure to stay tuned for our post-game segment after the feature

interview when Patrick's chart deck will be titled Snapshot of the Intermarkets. And

finally a quick message to our listener Alexi F who kindly offered to broker introductions

for an interview were extremely interested in. Alexi were very interested in the guest

that you proposed to introduce us to but your email box at iCloud.com has been over

quota for a solid week so our several replies to your email have all bounced back. Please

email us again from a different email account.

And I'm Patrick Sarresna, Eric let's jump straight to at the S&P 500. Down 11 points

we were down on over 50 points at one point but I think the more relevant thing is that

after a strong Friday rally the market has given it all back and that pattern which we'll

talk about as well in the post game on a chart is that every rally seems to be failing.

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