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Macro Voices

MacroVoices #402 Lakshman Achuthan: A Soft Landing Still A Dream

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.83.4K Ratings

🗓️ 16 November 2023

⏱️ 58 minutes

🧾️ Download transcript

Summary

MacroVoices Erik Townsend and Patrick Ceresna welcome back Lakshman Achuthan as this weeks featured guest. They'll discuss ECRI’s leading indicators, growth and inflation, the Hard Landing Lak still predicts and much more! https://bit.ly/49S2gBN Check out Energy Transition Crisis on YouTube: https://www.youtube.com/@EnergyTransitionCrisis1 Join OptionFinity discord: https://discord.gg/Rvnsv6Y Download Big Picture Trading Chartbook 📈📉: https://bit.ly/3SNA7Wb ✅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

Click on a timestamp to play from that location

0:00.0

This is macro voices, the free weekly financial podcast targeting professional finance, high net worth individuals, family

0:15.5

offices, and other sophisticated investors.

0:19.1

Macro Voices is all about the brightest minds in the world of finance and macroeconomics telling it like it is,

0:25.3

bullish or bearish, no holds barred.

0:28.2

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

0:40.0

Macro Voices episode 402 was produced on November 16th, 2023. I'm Eric Townsend.

0:42.0

Economic Cycles Research Institute co-founder Lakshman Achuthan returns as this week's feature interview guest.

0:48.0

We'll discuss Ekri's leading indicators, growth and inflation, the hard landing that Locke still predicts, whether inflation is

0:55.8

sticky or transient, and much more.

0:58.2

And I'm Patrick Soresene with the Macro Scoreboard week over week as at the close of Wednesday, November 15,

1:03.5

2023. The S&P 500 futures were up 273 basis points, closing at

1:10.4

4519 an incredible 10% short squeeze rally in just over two weeks.

1:15.9

We'll take a closer look at that chart and the key technical levels to watch in the post

1:20.4

game segment.

1:21.6

The US dollar index down 108 basis points to 10438, continuing its

1:27.5

pull back after its third quarter advance. The January W.T.I. Crude oil contract down 75 basis points to 76-79.

1:36.5

We'll take a closer look at that chart in the post game and Eric will have the EIA inventory

1:40.6

data, the January R-ob Gasoline up 329 basis points to 220. The December

1:47.7

gold contract up 31 basis points closing at 1964. Copper up 220 basis points to 372 and uranium up 302 basis points

1:59.0

closing at 7505 printing a new year high as the trend continues.

2:04.3

The U.S. tenure Treasury yield up three basis points closing at 453, yields now 50 basis points

2:11.2

off their October highs.

...

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