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 343 was produced on September 29th, 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.

Mr. Euro Dollar himself, Jeffrey Snyder returns as this week's feature interview guest,

with the US dollar appreciating to levels few predicted, we thought it would be timely

to bring back someone who did predict that move. So this week's feature interview will

focus on what the factors are that drive the US dollar. We're also introducing a new

show format this week, which includes adding a new personality to our post-game segment

to keep things interesting.

And I'm Patrick Sarresna, Eric, before we dive into the new show format, let's take

a moment to explain to our listeners why we're changing the format and what brought about

this change.

The show format we've been using for six years now was conceived when I was running a macro

hedge fund. The market rap segment was designed to share my views on the primary macro asset classes,

equities, currencies, energy, precious metals, and of course bond yields. That format was

perfect back in 2016, because I was actively trading all those asset classes in my fund,

and I had plenty to say about them. But I shut that fund down in the summer of 2018,

...