“Watch Your Back” Warns Market Veteran Peter Boockvar

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Timestamps:
00:00 Introduction
00:48 Peter's Economic Worries: That Lower-End Consumers Are Already In A Recession
12:26 VanEck Ad
13:06 Interview Continues
21:12 Is The AI Narrative That's Fueling The Stock Market Rally Real?
48:07 Japan
54:36 China
01:09:19 2024 U.S. Presidential Election
01:11:42 Is The Boom In Private Credit & Private Equity Going To End Badly?

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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

[BlockworksHQ]

Forward Guidance is sponsored by Van Eck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at vaneck.com/MOATFG

[sarawilliam]

The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income. I am a Data Scientist, but currently looking at the stock market to fuel my retirement goal of $10m, my only concern is the recent market crash. Do I stay 100% cash and wait for a bull market, or go ahead to invest anyways?

[Aziz__]

I recently sold my condo for $400k and i want to invest the money in the stock market. However, it appears the market is at an all-time high. Should I invest elsewhere or wait for a market correction?

[Murphy]

Such a wild range of fantastic info to think about. Both of you impressive and generous with your time. TY!

[lukejones]

Love all the shows jack does the interview on. Much love Jack!

[matthewleader]

It boggles my mind that this many people in the finance and investment sphere talk so extensively about NVIDIA, but seem to have never heard a single person from the company pronounce its name.

[sanshuma]

This discussion covered a lot of ground! Great interview!!

[rrrfamily]

Peter Boockvar has been wrong sooo accurately past few years! That is amazing. Do opposite of anything this guy says and you should be good lolz.

[YashYadav]

Seeing Vematum's progress, I'm beyond impressed!

[patrickshanghai]

good interview. agree on China and China stocks in particular. interesting point that bond bear and bull markets last 30 years. many are talking of buying TLT already. maybe a bad idea? also interesting bear take on private credit. makes sense.

[tibsyy]

I remember that he on RV called for a buy on a copper mining company. That made a home rune. Was a good call!

[cyalexwang]

Whats the ETF that peter said he is involved with that benefits from bear steepener? Thank you

[Actuary]

Please explain how a GDP of 1% on a go forward basis leads to inflation volatility.

[BourgeoisBazer]

i never saw „Death by a thousand cuts“ itch the stock market. It‘s impenetrable

[carpenoctom]

you mean to tell me companies cant keep raising prices forever without consumers noticing? color me shocked!

[pwatom]

Grass cutting... Surely in a tighter market people will look to do more DIY. Cheap tires suggests low margin. I don't see moat with these businesses..(?)

[Lucastos]

If a macro guys thesis is "I'm worried because..." you best avoid the rest of the interview and go follow price action of the actual market. You make so so much more money by avoiding the constant wrong Recessionistas.
One day a recession will arrive. React then, not for years before.

[RPSartre]

These kids don't know what a recession is - they never lived through one like in the 70s and 80s.

[bobjinessr]

Get sum sun bro's, & it makes your hair grow as well.

[benbusinovski]

What if valuations and earnings don't matter, and currency debasement makes things go up and to the right forever on a log scale.