MacroVoices Erik Townsend and Patrick Ceresna welcome Charlie McElligott from Nomura to the show. Charlie says the reflation trade that reversed in April is likely to reverse again, with more reflation still to come. They talk about everything from inflation to bond yields to the market outlook for stocks and other asset classes. And stay tuned for the postgame segment where Patrick has prepared a slide deck specifically designed to translate Charlie's macro insights into actionable trade strategies.