The Fed Has Broken Consumers & Businesses, Setting The Stage For A Market Panic | Peter Boockvar

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Money manager Peter Boockvar returns for Part 2 of our interview with him, where he explains why the crush of higher rates, inflation & cost of capital will eventually result in economic weakness that creates a panic in the markets.

He also shares his thoughts on which assets look most attractive in the markets right now.

Market To Hit New Lows In 2023 As Interest Rates & Inflation Go ‘Higher For Longer’ | Peter Boockvar

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As investors enter 2023, all eyes remain on the Fed and how committed it will remain to its hawkish course of hiking rates & tightening its balance sheet.

The latest data shows that the markets doubt the Fed will fulfill its plan to hike the Fed Funds rate to 5%, or higher, and then hold it there for a meaningful number of months.

In short, they expect the Fed to pivot soon.

But today’s guest warns not to underestimate the Fed’s resolve. Peter Boockvar, Chief Investment Officer of Bleakley Financial Group & Editor of The Boock Report sees rates as

going “higher for longer” than the market is pricing in.

The Upside Of Bear Markets | Peter Boockvar

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Here in Part 2 of our interview with money manager Peter Boockvar, Peter explains how bear markets are actually favorable for the prudent investor because they can offer extremely attractive valuation entry points for high-quality assets.