By Peter Boockvar – Both headline and core inflation as measured by PCE rose .2% m/o/m. The headline gain is 1.8% y/o/y, the highest since last March while the core rate was up by 1.6% y/o/y, also the most since then. Again, sticky services inflation...
By Peter Boockvar – Consumer confidence is very good and expectations for rising incomes and employment is the main reason. This though comes with higher inflation expectations and we know the upside risk to this is in turn rising incomes if companies can’t offset...
By Peter Boockvar – I want to highlight again my belief that this market selloff is all about rising interest rates and a slowing flow of liquidity from the Fed, ECB and BoJ. Yes, the global economy is good and earnings...
By Peter Boockvar – I almost never give color on a US Treasury TIPS auction but, today, I am. The Treasury just auctioned off 10-yr TIPS (Treasury Inflation Protected Securities) and the demand was robust. Direct and indirect bidders took 89% of the auction...
By Peter Boockvar – At the individual investor level there is certainly a lot of excitement heading into the new year. AAII said Bulls rose to 59.8 from 52.7 last week. That is the highest level since December 2010. Bears are nowhere to be found...
By Peter Boockvar – After seeing the tax reform inspired to jump in small business optimism from the NFIB, today the Duke CFO survey optimism index rose the to the best level since June 2004. Also, it was driven by tax reform.
By Peter Boockvar – Home price gains y/o/y accelerated in September to 6.2%, the quickest since July 2014, according to the Case-Shiller index. This is great if one is a seller and tougher for those looking to buy.
By Peter Boockvar – Yesterday’s 1.7% rise in the CRB index matched the 2nd biggest in about a year. The highest level in 9 months is being met by mostly yawns in conventional yields. Looking specifically at the epicenter of the biggest bubble...
By Peter Boockvar – We’re finally here. About 9 years after QE1 began, QT is about to start. If one believes that the stock market still is a discounting mechanism, then have nothing to fear with QT and that maybe it will actually be...
Jul 13 – Central bankers are no longer your friends, says Peter Boockvar, co-CIO at Bookmark Advisors as well as the editor of the daily Boock Report. Because of this, he believes that we’ll see very little tolerance for error when companies miss their earnings this quarter...
Oct 19 – Peter Boockvar, Chief Market Analyst for The Lindsey Group, believes we are witnessing the beginning stages of a multi-decade bond bubble that is about to pop. In this interview, Peter discusses the US stock...
Jun 30 – Peter Boockvar, Chief Market Analyst at the Lindsey Group and the Co-CIO at Bookmark Advisors, explains to Financial Sense his outlook on stocks, gold, bonds, commodities, and Fed policy.
Oct 8 – Peter Boockvar of the Lindsey Group explains why he thinks the bull market in US stocks is over and why investors should be looking at contrarian plays like precious metals, commodities, and emerging markets.
Dec 12 – Jim welcomes Peter Boockvar, Managing Director and Chief Market Analyst at The Lindsey Group LLC. Peter and Jim focus their discussion on market valuations. Peter sees nearly all asset prices as overvalued, with the bond market the most extreme case. Peter believes that we are in the final act of the central bankers ability to maintain high levels of asset prices.
