Real Vision managing editor Ed Harrison hosts Peter Boockvar, chief investment officer of Bleakley Advisory Group and editor of The Boock Report. Boockvar…
The Federal Reserve Board on Wednesday announced it will extend for an additional quarter several measures to ensure that large banks maintain a high level of capital resilience.
Underweight US vs non-US Equities and short USD vs reserve assets (JPY CHF, Gold), given a US-specific event risk with limited implications for global growth.
"...the gold cycle is up for much longer. $2,500 is the first target, and it could be we get higher targets... the stock market is not going to end very well..."
So... with futures down hard overnight, talking heads proudly proclaimed that this must mean Biden won the debate. So with stocks now surging to overnight highs, does that mean Trump won?
Given the negative impact inflation has on our wealth, why does the Fed wish to boost inflation? Maybe more important, how can they generate inflation?