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Erik Townsend and Patrick Ceresna welcome Marko Papic to MacroVoices. Erik and Marko discuss:

  • Oil Prices and Venezuela's Oil Reserves
  • Saudi Arabia and Oil Prices
  • Russia-Ukraine Conflict and Peace Agreement
  • China-US Relations and Japan-China Tensions
  • US Politics and Market Implications
  • US Politics and Market Implications

 

Download the podcast transcript: [Click Here]

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Big Picture Trading Chart Book December 4 2025

Marko is the BCA Research Chief Strategist in charge of BCA Access, the firm’s macro concierge product, and GeoMacro Strategy. In his decade-long career at BCA, Marko founded the firm’s Geopolitical Strategy service and introduced the constraint-based framework that has become the standard for incorporating geopolitics into the asset management industry. He was most recently a Partner and Chief Strategist at Clocktower Group, an alternative asset management firm where he put the GeoMacro framework to the test of the markets, helping seed discretionary macro hedge funds and providing some of the world’s largest pools of capital and macro hedge funds with market insights.

Marko has lectured at Stanford University, The Walsh School of Foreign Service at Georgetown, School of Advanced International Studies at Johns Hopkins, Rotman School of Management at University of Toronto, McGill University, and the University of British Columbia (UBC). He holds graduate degrees from the University of Texas at Austin and UBC.