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 SweeneyMonday, June 22, 2026 Featuring: 1) Seema Shah, Chief Global Strategist at Principal Asset Management, joins for a discussion on the US and global economic pictures and how the market momentum continues after last week&#x27;s historic FOMC meeting. 2) David Katz, President and CIO of Matrix Asset Advisors, talks about finding value in a bull market and stocks he sees performing well in the near and long term. 3) John Mickletwait, editor-in-chief for Bloomberg News, on Keir Starmer&#x27;s resignation. 4) Molly Pieroni, Partner and President at Yacktman Asset Management, on stocks she likes and outlook for equities. See omnystudio.com/listener for privacy information.

Equity Rally Post-FOMC

Bloomberg Surveillance

# Full Transcript

**Podcast:** Bloomberg Surveillance

## Transcript

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[SPEAKER_C] Bloomberg Audio Studios podcasts, radio, news. This is the Bloomberg Surveillance podcast. Catch us live weekdays at 7:00 7:00 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg Business app. Listen on demand wherever you get your podcasts or watch us live on YouTube.

[SPEAKER_D] Let's start off strong here. Get his thoughts about where we're going on these markets. Seema Shah, Chief Global Strategist at Principal Asset Management. She's based in London, but she's getting ready to do like a Midwest America trip. Good for her. I mean, East Lansing, Michigan. I have a soft spot in my heart for East Lansing, the state capital of Michigan. Des Moines, Iowa, another great town. Seema, thanks so much for joining. You're giving us a little time here in New York City. What's the conversation you're having with your clients as you come through the US and meeting with your clients these days?

[SPEAKER_E] Yeah, thanks for having me. So the main conversation is, of course, around the Fed. That has to be the key conversation. And actually, it's interesting because what we had seen is that over the previous 6 months, there really wasn't a conversation about the Fed. No one was talking about interest rates. And now, of course, that conversation is completely turned on its head, questioning about inflation, whether rate hikes are coming, and then, of course, if the market can digest that.

[SPEAKER_F] So do you think Kevin Walsh's biggest change is more policy or communication, or maybe both?

[SPEAKER_E] I think it could be...

Equity Rally Post-FOMC

Transcript

Built for investment professionals

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

Equity Rally Post-FOMC

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.