
Peter is the Chief Investment Officer at One Point BFG Wealth Partners and is a regular CNBC contributor. The Boock Report is easy to read macro and market news throughout the day, with Peter on what it means and why it matters.
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Succinct Summation of the Weeks Events:
Succinct Summation of the Weeks Events:
I’m going to make the case for a 3rd time this week that if tech stocks continue to falter here, the Fed will not be hiking rates in December due to the huge, as we know, reliance the US economy and US stock market has on it.
I’m going to...
Q3 GDP rose at a 3.4% q/o/q annualized rate, just above the estimate of 3.2% but was notably helped out by the price deflator which rose 2.3% instead of 3.2% as estimated.
Q3 GDP rose at a 3.4% q/o/q annualized rate, just above the estimat...
Yesterday confirmed again my belief, and sorry to argue again, that we’re in a rate tweaking process and not a typical/ historical rate hiking cycle.
Yesterday confirmed again my belief, and sorry to argue again, that we’re in a rate tweak...
The FOMC statement was a yawner as it was identical in its wording with the prior meeting on the economic commentary however there was one change of slight note and maybe a reference to the upcoming results from the economic data gathering...
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