Still Trading Macro in U.S. Market, Says Panmure Gordon’s French

The video discusses market concerns about global issues and the Federal Reserve's message, which was perceived as not dovish enough. It examines the use of likelihood functions to predict rate cuts and the muted market reaction to recent Fed communications. The discussion also covers the potential impact of the earnings season on equities and the focus on macro trading. The risk of a hawkish pivot by the Fed and its implications for the equity market are also analyzed.

How did the market react to the President's comments about rate cuts and QE?

What does the speaker believe could be corrosive for the equity market?