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 340 was recorded on September 8, 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. Energy markets, expert and noted

keynote speaker Dr. Anas Alhaji returns as this week's feature interview guest and

I think you're really going to love this interview. I'll start by asking Anas to critique

and sanity check my own admittedly extreme call that the world is inextricably stuck

in the very early stages of a global energy crisis that will change the course of history.

Then we'll discuss the role of the petrodollar system and what the implications would be if

other nations settled oil trades in currencies other than the US dollar. We'll also discuss

the Russian crude price cap proposal and why it can't possibly work. Then be sure to

stay tuned for our post game segment when I'm going to make an even bolder market call

that our January 30, 2020 alert that a global pandemic was probably coming. After that,

Patrick's chart deck will be titled Current Intermarket Landscape.

And I'm Patrick Sarasna, Eric. Let's jump to that S&P 500. I mean, we went through

about two solid weeks of settling down toward 3900. But we're getting a little bit of a bounce.

What's your thinking on the markets? Do you think there's more downside from here?

Yeah, I'm waiting for the other shoot-a-drop and you're right about the bounce. I don't

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