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Bear market in stocks would be a catalyst for an economic slowdown, warns CIO Peter BoockvarThat kind of drop would alter consumer behavior, argues the chief investment officer at Bleakley Advisory Group. The Dow PE ratio is not indicative of a bear Market... what is going on here is the makeup of those who roam Wall Street... Gamblers, soothsayers, crystal ball readers, hand wringers, panic button pushers, day Traders, and your garden-variety jackasses
Source: CNBC - 🏆 12. / 72 Read more »
The odds of a soft landing are slim, investment expert saysMike Santoli, CNBC senior markets commentator, and Peter Boockvar, CIO at Bleakley Advisory Group, join 'Squawk Box' to discuss what they expect from the Fed and in the markets. michaelsantoli michaelsantoli Fed has zero to do with equity market. Sorry Trump fans. Tariffs are killing growth. michaelsantoli Ha, a new term 'FedOpause'. When the economy runs out of the growth hormone called QE and begins the old age decline.
Source: CNBC - 🏆 12. / 72 Read more »
A new crypto company backed by Peter Thiel is launching to solve one of the industry's biggest pain-points, and one trader said it 'brings something that others haven’t brought so far'Crypto traders say the move is a positive step towards attracting more Wall Street money into digital assets. More suckers 😏 paywall. genius. guess i better get out my money because theres nowhere else to read about this on the internet.
Source: BusinessInsider - 🏆 729. / 51 Read more »