The Widening Chasm Between the Fed and Reality

Published on
April 28th, 2021
27 minutes

Goldman Sachs’ Economic Forecast, Market Pullback Risk, and Chinese Tech Stocks

The Widening Chasm Between the Fed and Reality

Daily Briefing ·
Featuring Peter Boockvar and Ed Harrison

Published on: April 28th, 2021 • Duration: 27 minutes

Real Vision managing editor Ed Harrison welcomes back Peter Boockvar, CIO of Bleakley Advisory Group and editor of The Boock Report, to discuss his takeaways from today’s FOMC meeting. He expresses his concerns about Powell’s assessment of intensifying inflationary pressures as being only transitory and anticipates the bond market continuing to tighten over the next few months. Harrison and Boockvar then analyze the possibility of a fiscal cliff to come in the next year and the potential impact of tax increases on the economy as well as Boockvar’s perspective on the global economic recovery, the dollar, and how he’s positioning his trades.