Andreas Steno and Mikkel Rosenvold are back in an episode of Macro Mondays that covers why everyone is wrong-footed on U.S. dollar positioning, what the latest developments in the U.S.–Iran ceasefire are, and previews a consequential week for markets ahead, packed with Manufacturing PMI, Nonfarm Payrolls data, and Kevin Warsh&#x27;s speech. 🔥 Our Biggest Sale Ever, Don&#x27;t Miss the Generational Setup realvision.com/pricing Let Monarch do your financial &#x27;spring cleaning&#x27; for you! Use code REALVISION at Monarch.com to get your first year half off at just $50.Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. 00:22 - Macro Mondays Returns: Dollar, Hormuz, and Kevin Warsh Preview 03:01 - June Winners and Losers: Memory Stocks, Biotech, and the Dollar05:11 - Is the Hormuz War Back On or Is Oil Still Flowing?09:11 - Is Everyone Wrong on the US Dollar?13:34 - Kevin Warsh’s Big Test: Will the Fed Pivot Again?17:42 - Jobs Report Preview: Why Payrolls Could Surprise Lower20:32 - How to Position Your Portfolio Heading Into Summer Vacation23:30 - AI Trade Check-In: Token Prices, Micron, and Memory Demand27:30 - Apple, China Memory Chips, and the Next Consumer Scarcity Risk Learn more about your ad choices. Visit podcastchoices.com/adchoices

Is Everyone Wrong About the Dollar? | Macro Mondays 

Real Vision: Finance & Investing

# Full Transcript

**Podcast:** Real Vision: Finance & Investing

## Transcript

[SPEAKER_A] And sometimes it may be good, sometimes it may be shit. It's Macro Mondays. Big picture, clear plays, stocks, bonds, FX, crypto all the way. Get context and strategy right now on your screen. Macro Mondays, level up your week. Oh, yeah.

[SPEAKER_C] Hello out there. Welcome to Real Vision. Welcome to Macro Monday. My name is Mikkel Rosenvold. I'm your usual host these Mondays. Finally back after a few weeks in sunny Italy, and I'm joined as usual by my co-host Andreas. Welcome to the show, Andreas. Thanks, Mikkel.

[SPEAKER_A] Finally, the temperatures have dropped a bit here in Copenhagen after, I think, a new record high in temperatures on Saturday. So it was a nasty weekend for us without ACs, to be honest.

[SPEAKER_C] All-time highs also in temperature recordings in Denmark, Andreas. Not the all-time highs we were looking for maybe, but It's the month we had. We have a great show for you today. We're going to answer some of the most red-hot questions out there in markets. Are we back to a war in Hormuz? Has the dollar topped? Will the dollar top? And what is the situation in markets as we look into a week of very, very interesting both number prints but also a speech from Kevin Warsh that we're going to preview a little bit here and give you a sense of where we are on markets. Before we get started, though, remember, this show is part of Real Vision. We have dropped our prices to the lowest levels ever on Real Vision as part of our summer campaign. We are building a new Real Vision. It's very much community-driven. You get so much value from Real Vision, whether it's on the Connect Alpha Pro tier. So if you've been lurking around watching our free show, Macro Monday, maybe wanting to test out the waters at Real Vision, now is the time to go. Check out realvision.com/pricing to secure your future today. In my opinion. That's some very, very good offers. I was beginning to wonder, Andreas, if these price cuts had impacted our forecasting and brought the inflation measure down so much. Maybe that was the cause, but I'm not sure that Real Vision is big enough to draw that down single-handedly, even though there are very, very great discounts. Okay, enough salesmanship here, Andreas. Remember, guys, this is our free show where we give you a sneak peek into the macro and geopolitical research that we publish on Real Vision. We try to be as actionable and concrete as possible. As we dive around the world of global macro. But please do remember that our opinions and analysis might be—

[SPEAKER_A] sometimes maybe good, sometimes maybe shit.

[SPEAKER_C] Absolutely. Andreas, I have to say, you nailed it last week with the Micron quarterly reports. Was that your best call this month as we are heading towards the end of June, or what's the one you've been most proud of?

[SPEAKER_A] Well, it was a good call. But we've had a pretty volatile week and month in mem...

Is Everyone Wrong About the Dollar? | Macro Mondays

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Is Everyone Wrong About the Dollar? | Macro Mondays

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.