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Macro Voices

MacroVoices #379 Bill Blain: Inflation, Central Banks, BRICS, Geopolitics, Alternative Assets & more

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.8 โ€ข 3.4K Ratings

๐Ÿ—“๏ธ 8 June 2023

โฑ๏ธ 61 minutes

๐Ÿงพ๏ธ Download transcript

Summary

MacroVoices Erik Townsend and Patrick Ceresna welcome Bill Blain to the show to discuss whether inflation is transitory, sticky, or secular, the outlook for yields and equity markets, artificial intelligence, precious metals, and much more. https://bit.ly/42KlbcZ Download Big Picture Trading chartbook ๐Ÿ“ˆ๐Ÿ“‰ https://bit.ly/43u8tzU โœ…Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials

Transcript

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0:00.0

This is Macro Voices, the free weekly financial podcast targeting professional finance, high

0:14.4

net worth individuals, family offices and other sophisticated investors. Macro Voices

0:20.4

is all about the brightest minds in the world of finance and macroeconomics telling it

0:25.2

like it is, bullish or bearish, no holds barred.

0:28.9

Now here are your hosts, Eric Townsend and Patrick Sarrezna.

0:32.9

Macro Voices Episode 379 was produced on June 8, 2023. I'm Eric Townsend.

0:42.8

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

0:48.4

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

0:54.2

Bill Blaine returns as this week's feature interview guest, Bill and I will discuss whether

0:58.0

inflation is transitory, sticky or secular. The outlook for yields and equity markets,

1:03.6

artificial intelligence, precious metals and much more.

1:07.5

And I'm Patrick Sarrezna with the Macro Scoreboard week over week as of the close of Wednesday,

1:12.6

June 7, 2023. The S&P 500 was up 200 basis points closing at 42.74. We'll take a closer

1:21.3

look at that chart and the key technical levels to watch in the post-game segment, the US Dollar

1:26.0

Index, down 12 basis points to 10410, the July WTI Crude Oil contract up 652 basis points,

1:34.2

closing to 72.53. We'll take a look at that chart and Eric will have the EIA inventory data

1:40.4

in the post-game segment, gold down 119 basis points to 1958, remains in consolidation,

1:48.0

copper up 302 basis points at 375, crawling its way higher week over week.

1:54.6

In uranium up 357 basis points to 5655, continues to bull higher week after week,

2:01.4

the US 10-year treasure yield up 13 basis points to 380 points. The key news to watch next week is

2:07.6

the CPI and PPI inflation numbers and a wave of central bank meetings with the FOMC press conference,

2:13.6

the ECB and the bank of Japan. This week's feature interview guest is Bill Blaine.

...

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