The MUFG Global Markets Podcast: Thoughts Post the June Macro Marathon
This week George Goncalves, MUFG Head of U.S. Macro Strategy, quickly reviews that first two weeks of June which were macro event intense with various central bank meetings and inflation reports among other things. The more hawkish Fed event led to the strategy team pushing back their first Fed cut view to September from July. George believes the market becomes more technical-driven and less macro-focused into quarter-end.