2026 Liquidity Outlook: Is the Global Liquidity Cycle Past Its Peak? w/ Michael Howell

The Gold Crash That Could Trigger a Bigger Rally w/ Jeff Clark

In this episode of Milk Road Macro, we sit down with precious metals expert Jeff Clark to break down what’s really happening behind the recent gold sell-off, and why history suggests this could be one of the biggest opportunities in the market right now. We delve into the macro forces driving gold, including rising interest rates, a strong dollar, geopolitical tensions, and market-wide deleveraging. More importantly, we explore why these pullbacks are normal in bull markets, and why the biggest gains often come right after.

MACROAPR 2 2026

John Gillen

The Biggest Economic Crisis in History May Have Already Started w/ Rory Johnston

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MACROMAR 31 2026

John Gillen

The #1 Real-Time Indicator That Says the Economy Is About to Boom w/ Craig Fuller

In this episode, FreightWaves CEO Craig Fuller breaks down why trucking and freight data may be the most important real-time indicator in macro right now, and why it’s flashing bullish. Despite rising oil prices, geopolitical tension, and recession fears, the data tells a very different story. Freight volumes are rising, trucking capacity is tightening, and industrial demand is quietly accelerating across the U.S.

MACROMAR 26 2026

John Gillen

The $1 Trillion Stablecoin Shift That Could Break Global Banks w/ Geoffrey Kendrick

In this episode of Milk Road Macro, Geoffrey Kendrick (Head of Digital Assets Research at Standard Chartered) breaks down why stablecoins could trigger a $1 trillion capital shift, reshape the global banking system, and accelerate crypto adoption faster than most investors expect.

MACROMAR 24 2026

John Gillen

Jordi Visser: The Biggest Market Shift of Our Lifetime Is Starting

In this episode of Milk Road Macro, macro expert Jordi Visser breaks down why we’re entering one of the most important economic transitions in decades, driven by AI, rising commodity demand, and growing stress in credit markets. Oil prices are climbing. Private credit is starting to crack. At the same time, artificial intelligence is reshaping the global economy faster than anyone expected. So what does this mean for your portfolio?

MACROMAR 19 2026

John Gillen

A Massive Sell-Off Is Starting… And Most Investors Don’t See It w/ Steven Van Metre

In today’s episode of Milk Road Macro, we sit down with macro strategist Steve Van Metre to break down what’s really happening beneath the surface of the market… and why this could be the early stages of a much bigger move. From systematic selling and CTA flows to rising oil prices and weakening consumer demand, this episode connects the dots between macroeconomics, market structure, and investor behavior. The result? A potential domino effect that could push stocks lower in the weeks ahead.

MACROMAR 17 2026

John Gillen

Oil Prices Are Rising Fast… Is a Global Recession Next? w/ Peter St Onge

In today’s episode, we sit down with economist Peter St Onge to break down what rising oil prices mean for inflation, the labor market, and the broader macro economy. Historically, major recessions have often followed major oil shocks. But today’s global economy is very different from the 1970s. The U.S. is now one of the world’s largest energy producers, global supply chains have evolved, and central banks have powerful tools to manage economic slowdowns. So the real question investors should be asking is this: How high do oil prices actually need to go before they trigger a recession?

MACROMAR 12 2026

John Gillen

The Global Commodity War Has Started... Gold’s Biggest Bull Market in 50 Years w/ Nicky Shiels

Oil just spiked above $100. Gold is pushing toward new all-time highs. And geopolitical tensions are reshaping global markets. In this episode of Milk Road Macro, we sit down with Nicky Shiels, Head of Research and Metals Strategy at MKS PAMP, to break down the macro forces driving the surge in commodities and what it means for investors. Nicky explains why the world may be entering a global commodity war, where countries are scrambling to secure energy, metals, and critical resources. As supply chains fragment and geopolitical tensions rise, commodities like gold, oil, and precious metals are becoming strategic assets again.

MACROMAR 10 2026

John Gillen

“Heads I Win, Tails You Lose”: Why Bitcoin Wins No Matter What Happens Next w/ David Brickell

In this episode of Milk Road Macro, we break down how wars, government debt, and central bank policy shape global markets, and why Bitcoin may be positioned to benefit regardless of how the macro environment evolves. David Brickell explains why geopolitical conflicts often lead to more debt issuance, more liquidity injections, and ultimately higher asset prices. We also dive into the growing role of Bitcoin in the global financial system, how institutional adoption is accelerating, and why the current market environment could create a “heads I win, tails you lose” scenario for BTC.

MACROMAR 5 2026

John Gillen

US-Israel Strike on Iran: What It Means for Global Markets & Oil Prices w/ Keith McCullough

In this episode of Milk Road Macro, we break down what the Iran conflict means for oil markets, inflation, Federal Reserve policy, bond yields, and risk assets. While headlines focus on war, the real story may be how markets were already positioned before the strike. Oil had been breaking out. Gold was gaining momentum. Bond yields were starting to roll over. The question now is whether this escalation accelerates those trends.

MACROMAR 3 2026

John Gillen

The Commodity Supercycle Is Back: The Macro Shift That Could Reshape Markets

In this episode of Milk Road Macro, we sit down with veteran commodities trader Sal Gilbertie to break down why real assets are gaining attention in 2026, how geopolitics and trade wars are reshaping supply chains, and what investors need to know about agriculture, energy, metals, and digital assets. We explore how China’s massive demand for soybeans influences global food prices, why agricultural commodities often trade near their cost of production, and how drought cycles can trigger explosive price spikes. We also dive into the energy implications of AI, the long-term outlook for oil, copper, and silver, and whether commodities could outperform stocks in the years ahead.

MACROFEB 26 2026

John Gillen

PRO AMA: The real macro risk is still oil

The Triple Bubble About to Burst: Are We Sitting on a Financial “Time Bomb”? w/ Michael Pento

In this episode of Milk Road Macro, we sit down with veteran macro strategist Michael Pento to unpack his warning about a historic “triple bubble” across equities, real estate, and debt markets, and what it could mean for investors in 2026 and beyond. Pento argues that years of ultra-low interest rates, money printing, and massive government deficits have distorted asset prices across the board, leaving the global economy highly fragile. With affordability collapsing, debt levels surging, and financial conditions tightening, even a small shock could trigger a major market reset.

MACROFEB 24 2026

John Gillen

The 10 Macro Signals That Still Support a Bull Market w/ Ryan Detrick

In this episode of Milk Road Macro, Chief Market Strategist Ryan Detrick explains why the bull market may still be intact despite weakness in tech and risk assets. He breaks down key macro signals including strong market breadth, resilient earnings, stable labor data, massive AI CapEx, firm credit markets, persistent inflation near 3%, and global leadership from industrials, commodities, Europe, and emerging markets. Ryan also discusses Federal Reserve policy, rate cuts, geopolitical risks, volatility, and what could drive stocks higher, or trigger a correction in 2026.

MACROFEB 19 2026

John Gillen