Wealthion - Be Financially Resilient

Peter Boockvar: The ‘Death by a Thousand Cuts’ Economy

Aug 14, 2024
Peter Boockvar, Chief Investment Officer at Bleakley Financial Group and author of ‘The Boock Report,’ shares keen insights on the faltering global economy. He discusses the persistent nature of inflation affecting lower and middle-income families while contrasting it with wealthier consumers. Peter dives into recent market volatility, impacts of Fed rate cuts, and why the hype around AI stocks might be fading. He also foresees potential recession challenges alongside shifting trends in global shipping and consumer behavior—essential listening for anyone navigating today’s financial landscape.
Ask episode
Chapters
Transcript
Episode notes