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Peter Boockvar

CIO,

Bleakley Financial Group

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

Both headline and core CPI saw one-tenth-greater-than-expected prints for January, up 0.3% and 0.4% month-over-month. The year-over-year gains were two-tenths above the estimates at up 3.1% and 3.9% respectively, versus 3.4% and 3.9% in the month prior. The data is a reminder that while inflation is decelerating in its rate of change, hitting a target of 2% is not a snap of the finger, explains Peter Boockvar, editor of The Boock Report.
We got a big upside GDP surprise of 3.3% in Q4 relative to the estimate of up 2%. But it’s important to talk about what the key contributors were, writes Peter Boockvar, editor of The Boock Report.
I don't believe Fed Chairman Jay Powell when he woke up last Friday morning was expecting or wanting the reaction in the markets we saw to his speech that he gave that day. Meanwhile, gold saw a wild move recently, spiking to a record high and then backing off to little changed. But gold is not coming out of nowhere here, writes Peter Boockvar, editor of The Boock Report.
Just a few things that I saw so far with holiday retail sales. Mastercard SpendingPulse said Black Friday was up 2.5% YOY in nominal terms, and that covers both store and online. It was mostly driven by jewelry, apparel, sporting events, and restaurants (likely including gift cards). Meanwhile, gold continues to trade very well in the face of high real rates, writes Peter Boockvar, editor of The Boock Report.