This is macro voices, 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 or bearish, no holds barred.

Now here are your hosts Eric Townsend and Patrick Sorezna.

Macro Voices episode 449 was produced on October 10th, 2024. I'm Eric Townsend.

Simplify Asset Management's Convexity. I'm Eric Townsend.

Simplify Asset Management's convexity maven, Harley-Bassman returns is this week's feature interview guest.

And our topic will be mortgage-backed securities and how to trade them. And I'm Patrick Sorezna with the Macro Scoreboard week over week as of the close of Wednesday,

October 9, 2024.

Just a heads up, I'm a big congested today, but we're powering through with a great episode.

The December S&P 500 futures up 141 basis points, trading at 5841, breaking to a fresh new high.

We'll take a closer look at that chart and the key technical

levels to watch in the post-Kaines segment. The US dollar index up 125

basis points trading at 10287, the. The November W.T.I. Crude Oil up 448 basis points, trading at 7324. The

short squeeze drove a rally above 78 before settling down. We'll take a look at that chart in the post game and

Eric will have the EIA inventory data. The November Arbob Gasoline up 3502 basis points training to

206. The December goal down 161 basis points at 26.26.

Correction back toward its moving averages underway. Copper down at 538 basis points trading at 440 and Uranium up 158 basis points

trading at 8350 continues to show signs of life. That US 10-year Treasury yield up 27 basis points trading up

4.07. The key news to watch this week is the Friday PPI inflation numbers and

next week we have the US retail sales and the ECB monetary policy statement.

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