STOCKS
Peter Boockvar
CIO,
Bleakley Financial Group
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About Peter
Peter Boockvar is the chief investment officer at Bleakley Financial Group, a NJ-based wealth management firm. He is also the editor of The Boock Report, a macro market newsletter. Prior to joining Bleakley, he was the chief market analyst at The Lindsey Group, a macro economic and market research firm founded by former Federal Reserve Governor Larry Lindsey. Before this, Mr. Boockvar worked as a macro analyst and portfolio manager for a brief time at Omega Advisors and had previously been a partner at Miller Tabak + Company where he was the equity strategist and a portfolio manager.
Peter's Articles
Reflecting some answers pre- and some post-the start of the war, the University of Michigan Consumer Confidence Index slipped a modest 1.1 points in March to 55.5. That was a bit better than the estimated 54.8. The internals were mixed, though, as current conditions were up while expectations fell, writes Peter Boockvar, editor of The Boock Report.
Peter Boockvar
ECONOMICS
Tickers: SPY
Whenever there has been a confrontation with Iran, the question was always, “Whatever happens if the Strait of Hormuz closes?” It was always the worst nightmare scenario but never seemed to come to pass. Well, here we now are, it seems, observes Peter Boockvar, editor of The Boock Report.
Peter Boockvar
ENERGY
Tickers: USO
With the November Consumer Price Index (CPI), only some of the month was captured because information didn’t start being calculated until Nov. 14. Still, it rose 2.7% year-over-year on the headline and 2.6% ex-food and energy, better than the estimates of up 3.1% and up 3%, respectively, advises Peter Boockvar, editor of The Boock Report.
Peter Boockvar
ECONOMICS
With not much to go by hard-data-wise in the initial paragraph on the economy, the Fed repeated that “economic activity has been expanding at a moderate pace.” Bottom line: While we knew exactly what the Federal Reserve was going to do (cut rates 25 basis points) because John Williams told us recently, it still is a very tricky time for the Fed in balancing their two mandates, notes Peter Boockvar, editor of The Boock Report.
Peter Boockvar
FEDERAL RESERVE
