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Peter Boockvar
@pboockvar
Chief Investment Officer of One Point BFG Wealth Partners, @onepointbfg.com • Editor of The Boock Report on Substack • CNBC Contributor
Joined September 2013
Posts
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    This is not a crypto coin, it is not a SPAC, it is not a meme stock. It is the chart of the Australian 2 yr government bond yield.
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    COSTCO CEO said "I've gotten a couple of calls that people have seen online that we've been selling gold - 1 ounce gold bars, yes, and when we load them on the site, they're typically gone within a few hours and we limit two per member." #gold
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    Message today from Jay Powell and the Fed: "We're winging it, wish us luck"
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    Once purchasing power is lost, it is lost forever and Federal Reserve Governor Chris Waller inadvertently made that perfectly clear when he spoke on Friday. He told CNBC in an interview that "What's got me a little more concerned is inflation is running softer than I thought."
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    Understand that it's not just US investors that are overloaded on US tech stocks. These are the top stock holdings of the Swiss National Bank:
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    The faster we all shut down, the faster we get to reopening.
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    A quiet day in the market, the S&P 500 closes unchanged.
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    After buying $1.3 Trillion of MBS since March 2020, Cleveland Fed president Mester said this today, "Fed doesn't want to get into credit allocation business."
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    Chart of the day in today's FT:
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    BN: *SENATOR WARREN WORKING ON BIG OIL WINDFALL PROFITS TAX There goes that domestic oil supply that we now need so badly.
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    ‘Kitchen Appreciation Fee’, the new inflation offset. Food was great though.
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    The trade with gold & silver is pretty straight forward here. If you believe Fed will get ahead of the curve or at least in line with it w/ regards to inflation then sell. If you think Fed will crab walk their tightening, then this selloff is a gift. I believe in the latter.
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    Replace the word 'Inflation' with 'cost of living' and how does the Fed sound now?
    The Fed is expected to make a major commitment to ramping up inflation soon cnb.cx/31jWuGn
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    When inflation runs much faster than wage growth.
    Tuesday, in Lima, Peru, people were protesting fuel and fertilizer price hikes in San Martin Square. Take a look.
    00:00
    Paolo Benza