This is Macro Voices, the free weekly financial podcast targeting professional finance, high net worth individuals, family offices, and other sophisticated investors.

Macrovoices 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 Suresna. Macrovoices episode 464 was produced on January 23, 2025.

I'm Eric Tencent.

Robo Bank, chief market strategist Michael Everie joins me as a first-time feature interview guest.

Michael says volatility will be the name of the game in the Trump 2.0 presidency,

and that when global leaders start moving lines on

maps, we should expect some big moves in the lines on our financial charts as well.

And I'm Patrick Suresna with the macro scoreboard week over week as of the close of Wednesday, January

22nd, 2025. The S&P 500 index up 230 basis points trading at 6086. The breadth of the market has

been widening as the market returns back to its all-time highs. We'll take a closer look at

that chart and the key technical levels to watch during the postgame segment. The US dollar index

down 75 basis points trading to 108 spot 27.

The dollar put in a short-term high the other week and continues to mean revert some of last month's rise.

The March WTI crude oil contract down 575 basis points to 7544 oil pulling back but will it be bought on dip the march arbop gasoline down

502 basis points to 208 and the February gold contract up 195 basis points to 2770 trading above its

December highs begging the question if new old-time highs are next

copper down 205 basis points trading to 430 uranium down 47 basis points trading to 7340 and the

US 10 year treasure yield down five basis points trading to 460.

The key news to watch, this Friday is the European and American Manufacturing Services, PMIs.

And next week we have the Bank of Canada and ECB monetary policy statements, the FOMC press conference, and the core PCE price index.

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