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Nvidia Earnings 'More Important' Than Jerome Powell's Jackson Hole Speech For Wall Street, Says Expert: 'Not Even Going To Tell You What He's Going To Do After That…'
Friday, August 23, 2024 - 6:19am | 638Peter Boockvar, a renowned market analyst, recently shared his expectations for Federal Reserve Chair Jerome Powell’s upcoming commentary and its potential market implications. What Happened: Boockvar shared during CNBC’s “Fast Money,” on Thursday that while Powell will...
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$9 Billion Manager: Recession Is Unavoidable, Here Is How You Should Invest
Tuesday, August 16, 2022 - 1:58pm | 483Bleakley Advisory Group Chief Investment Officer Peter Boockvar was on CNBC "Fast Money" briefly discussing why the U.S. cannot avoid a recession. He outlined the three stages of a bear market: Revaluations of multiples. The economic impact and earnings...
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WallStreetBets Rebellion Rally Is A Bubble That Will Burst, Peter Boockvar Warns
Friday, January 29, 2021 - 6:36am | 332Bleakley Advisory Group chief investment officer Peter Boockvar calls the Reddit-fueled rebellion rally a “parabolic bubble” in the CNBC interview. In a research note, Boockvar warns that mania trades into GameStop Corp. (NYSE: GME) and American Airlines Group Inc...
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This Investor Is Most Comfortable In Precious Metals
Thursday, April 16, 2020 - 6:57pm | 93On CNBC's "Trading Nation," Peter Boockvar of Bleakley Advisory Group said that in this world of negative interest rates, zero interest rates and seemingly unlimited money printing by major central banks, he is most comfortable in a position of gold and silver. After we re-open, he...
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Will The Fed's $1.5 Trillion Emergency Stimulus Actually Help?
Friday, March 13, 2020 - 2:30pm | 714The Federal Reserve announced Thursday a new program to provide up to $1.5 trillion in short-term loans to support financial market liquidity. Stocks initially traded higher on Friday following the news, but experts are mixed on whether or not the Fed is doing enough. Trump Lashes Out The Fed...
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Bleakley's Peter Boockvar Talks About Buffett's Tech Data Loss
Friday, November 29, 2019 - 3:35pm | 438Billionaire investor Warren Buffett lost a bidding war against private equity giant Apollo Global Management to buy Tech Data Corp (NASDAQ: TECD). It's a result of the "Oracle of Omaha" being too price-sensitive, according to Peter Boockvar, chief investment officer at Bleakley...
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Bitcoin Will Triple In Value Or Lose 90% — Depending On Who You Ask
Thursday, January 25, 2018 - 1:38pm | 634The price of bitcoin soared more than 1,000 percent in 2017 but has lost around 40 percent of its value since peaking close to the $20,000 per coin level. Needless to say, expert forecasts for the digital currency's performance in 2018 and beyond range from plummeting 90 percent to a tripling...
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This Pro Is Warning Investors To Take Off Their 'Beer Goggles'
Monday, August 1, 2016 - 1:56pm | 288Peter Boockvar, The Lindsey Group's chief market analyst and a CNBC contributor, has a cautious view on the U.S. market. Speaking as a guest on CNBC's "Squawk Box" segment on Monday, Boockvar went as far as to say that the current market is a "very dangerous" place for investors as easy money from...
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Fast Money Picks For September 24th (GLD, PBR, RHT, RAI, CREE)
Thursday, September 23, 2010 - 7:31pm | 194On CNBC's Fast Money, Peter Boockvar said that investors should stay long gold, and if it pulls back he would buy more gold. One way to get a long position in gold is SPDR Gold Trust (ETF) (NYSE: GLD). Tim Seymour believes that Petroleo Brasileiro SA (ADR) (NYSE: PBR) is going higher. Petroleo...
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US Stocks Fell Yesterday, With News Of The Yuan Drawing Investor Attention
Tuesday, June 22, 2010 - 8:08am | 254US stocks ended in negative territory yesterday, as markets focused on the speed at which China will revalue the yuan. Concerns over Europe’s debt woes returned to the forefront, with France-based banking group BNP Paribas suffering a cut in its ratings. Speaking of China’s yuan decision,...
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US Stocks Crash In The Light Of Europe's Debt Problems
Wednesday, April 28, 2010 - 6:22am | 188US stocks closed at their lowest in past three months yesterday, after Standard & Poor's labeled Greece’s debt as ‘junk.’ The ratings agency also downgraded Portugal’s credit rating by two notches, reigniting worries regarding Europe's debt issues. Equity strategist Peter Boockvar at Miller...