Macro Voices

Michael Every, global strategist at Rabobank Research, offers big-picture geopolitical and market analysis. Lyn Alden, investment strategist and founder of Lyn Alden Investment Strategy, discusses macro, energy, and inflation. They dig into Iran-related disruptions and multipolar shifts. They cover oil-driven economic pain, persistent versus transient inflation, and strains in private credit markets.

Simon White, Bloomberg macro strategist known for slide-driven inflation analysis, and Rory Johnston, founder of Commodity Context and energy markets expert. They discuss inflation risk framed against 1970s shocks. Topics include food and fertilizer-driven CPI pressure, Strait of Hormuz disruptions and oil tightness, private credit fragility, and why commodities and gold may behave differently in a reaccelerating inflation regime.

Dr. Anas Al-Hajji, energy markets analyst who explains tanker insurance and shipping chokepoints. Jim Bianco, fixed-income strategist who links geopolitics to rates and markets. They probe how insurance pulls closed the Strait of Hormuz, implications for oil flows and inflation. They also discuss Fed constraints, precious metals moves, stablecoins and AI's energy needs.

Matt Lozak, founder and CEO of Allo Atomics, builds factory-made modular nuclear plants. He discusses why advanced coolants and breeder cycles change fuel economics. He explains mass-producing whole plants in gigafactories, serving AI data centers first, and the scale, supply-chain and rapid deployment challenges to reach fossil-fuel parity.

Jeff Currie, Carlyle partner and former Goldman Sachs commodities chief, shares his take on a multi-decade commodity supercycle. He covers why metals are beating most assets, how AI and data centers boost energy demand, China and other nations stockpiling key resources, and the shift from asset-light to asset-heavy investing driven by electrification and geopolitics.

Michael Every, Rabobank’s Global Head of Macro Strategy, blends macro and geopolitical savvy in a brisk conversation. He explores economic statecraft, the Fed’s strategic role, and how dollar stablecoins could steer global capital. The discussion also covers US policy moves, election-driven timing, and risks of monetary fragmentation.

Alex Gurevich, founder of Honte Investments and bestselling author, joins to discuss rates, energy, and precious metals. He breaks down bond market dynamics and Japan’s yields and weak yen. They debate compute-driven energy demand, nuclear vs gas tradeoffs, and gold/silver behavior. The conversation also touches on his revised book and trading mistakes.

Dr. Anas Al-Hajji, energy markets expert and Managing Partner of Energy Outlook Advisors, offers macro and geopolitical analysis of oil. He debunks surplus and oil-on-water claims. He explains OPEC+ moves, Kazakhstan supply losses, and inventory distortions from SPR and China. He highlights near-term watchpoints like Aramco pricing, delayed US data, and Iran negotiations.

Justin Huhn, founder and editor of Uranium Insider, provides market color on physical uranium and uranium equities. He discusses SPUT’s buying dynamics and how it can tighten the spot market. He covers miners versus physical allocations, global supply risks from Kazakhstan and enrichment capacity, and why inventories and contracting shifts make the market fragile and more seller friendly.

Craig Tindale, a private investor and writer specializing in critical materials, unpacks the geopolitical dilemmas of supply chains, highlighting China's near-total control over metal processing. He discusses how this dominance puts the West at risk and examines the potential consequences of shortages in essential materials like copper and scandium. Tindale also explores innovative developments in e-waste recycling and the need for government-backed funding to revitalize domestic production. This engaging conversation sheds light on the fragile balance of global resources.