George Goncalves

Joseph Wang, a former senior trader at the New York Fed and author of "Central Banking 101," teams up with George Goncalves, Head of US Macro Strategy at MUFG Securities. They delve into the Federal Reserve's strategy for 2025, examining the impact of rising interest rates and political shifts. The duo discusses the challenges of small businesses amidst high rates, the implications of trade tariffs, and potential rate cuts. They explore how these factors could influence market sentiment, the economy, and future Federal Reserve policies.

George Goncalves, head of U.S. macro strategy at MUFG, dives into the complexities shaping the economy as we approach 2025. He discusses the critical decision framework for the upcoming Trump administration: endure short-term pain for long-term stability or continue aggressive spending. Goncalves highlights the pivotal moment when the 10-year yield exceeds 4.75%, warning of potential market upheaval. Additionally, he analyzes the Fed's need to cut rates to mitigate recession risks and examines the disparities in economic recovery across different sectors.

Danielle DiMartino Booth and George Goncalves discuss the 2024 Fed pivot, analyzing the potential for a recession or soft landing. They delve into topics such as the decrease in inflation, increase in real income growth, and the challenges faced by the Fed in managing the economy. They also explore revisions to non-farm payrolls data, the Digital Asset Summit London conference, credit performance, and the Federal Reserve's holdings and interest rate predictions.

Join George Goncalves, Head of U.S. Macro Strategy at MUFG, as he dives into the current bond market landscape amid looming Nvidia earnings. He discusses potential risks with Fed rate cuts and their impact on the equity market, highlighting how market sentiment is shifting. Explore the effects of inflation on Fed policy, the implications of demographic shifts, and the vital role of Treasuries as a safe haven. Goncalves also warns of complacency reminiscent of past market peaks and recommends cautious strategies for investors.

Join Danielle DiMartino Booth, CEO at QI Research, and George Goncalves, U.S. Macro Strategy Head at MUFG, as they dissect the Federal Reserve's refusal to adjust interest rates amid economic struggles. They reveal that real unemployment levels are significantly higher than reported and discuss the rising number of Americans juggling multiple jobs. Danielle predicts the U.S. is already in a recession, while George addresses the disparities in economic experiences across different demographics. Their insights shed light on the troubling state of corporate bankruptcies and consumer consumption trends.

George Goncalves, a bond strategist and expert, shares his insights on the U.S. economy and the bond market. He dives into the intricate dynamics of bond rates and Federal Reserve actions, drawing parallels to the 2008 financial crisis. The discussion illuminates the Fed's balance sheet, liquidity trends, and the pressing need for interest rate cuts to support small and mid-sized businesses. Goncalves also explores the implications of recent economic indicators and emphasizes the importance of understanding risk in banking strategies.

Join George Goncalves, head of U.S. macro strategy at MUFG, as he dissects the Federal Reserve's recent rate cut and its implications on the economy. He discusses the challenges the Fed faces in achieving a soft landing amidst a cooling labor market and why he believes further cuts might be essential. The conversation also touches on the credit struggles of small to medium enterprises compared to larger corporations, and the perplexing disconnect between equity markets and economic indicators, revealing insights into navigating financial uncertainties.

Former Chief Investment Strategist Rebecca Patterson discusses the FOMC meetings and yen movement, while George Goncalves talks about rate outlook. Laura Davison covers campus protests and political headlines.

Guests George Goncalves, Robert Sockin, and Governor Wes Moore discuss the US 10-year bond, dollar, and oil's impact on the economy. Topics include potential Fed rate cuts, challenges in the labor market, and efforts to restore the Baltimore port post-bridge collapse.

George Goncalves, head of U.S. macro strategy at MUFG, discusses the market's reaction to inflation data, Fed policy implications, U.S. debt-to-GDP ratio, labor market signals, and more. Topics include energy inflation, housing costs, rising energy prices on consumer demand, wage inflation, stock market performance, retirement planning challenges, interest rates, global banks, FX volatility, and investment timeframes.