The latest in finance, economics and investment. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene &amp; Paul SweeneyWednesday, July 1, 2026 Featuring: 1) Michael Purves, CEO and founder, Tallbacken Capital Advisors, joins to discuss market volatility, his S&amp;P target, and potential for a market pullback. 2) Jill Carey Hall, Equity Strategist and Head: US SMID Strategy at Bank of America, joins to talk about her mid-year outlook for small cap stocks. 3) Lindsey Piegza, Chief Economist at Stifel, previews the jobs report and discusses her long-before-consensus rate hike call. 4) Jay Pelosky, Founder and Principal at TPW Advisory, talks about the US macro view and US debasement trade. See omnystudio.com/listener for privacy information.

Finding Market Direction Amid Uncertainty

Bloomberg Surveillance

# Full Transcript

**Podcast:** Bloomberg Surveillance

## Transcript

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[SPEAKER_F] In the studio, we are thrilled to have Michael Purves with us. Are you not up north in northern New England? Because this is like peak fly season, right?

[SPEAKER_G] Not yet. Yeah, we'll give it a couple of weeks.

[SPEAKER_F] Give it a couple of weeks. Let it dry out and all that, and then away you go. So I went to the WE Ice Cream. Paul Sweeney taught me how the VIX— first of all, Paul, yesterday, 16.27. Did we observe window dressing yesterday?

[SPEAKER_C] Maybe right at the end of the first half.

[SPEAKER_F] Absolutely. Michael Purves, what do you think?

[SPEAKER_G] In terms of the equity catching up. Yeah, well...

Finding Market Direction Amid Uncertainty

Transcript

Built for investment professionals

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

Finding Market Direction Amid Uncertainty

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.