56:24

PlusLive

Did The Fed Make the Wrong Move? Plus a Surprise from BOE & a Record Trade Deficit

Featuring Peter Boockvar and Maggie Lake

November 04 at 3:00PM • 56 minutes

71

7

Plus

Live

Did The Fed Make the Wrong Move? Plus a Surprise from BOE & a Record Trade Deficit

The Fed's taper, BOE's non-move and the trade deficit--Peter Boockvar joins to reflect on all of that & whether the Fed may have made the wrong move.

Featuring Peter Boockvar and Maggie Lake

November 04 at 3:00PM • 56 minutes

“The path of the economy continues to depend on the course of the virus,” according to the latest Fed meeting, which confirmed that the $15 billion per month taper will begin later this November with room for adjustment based on changes in the economic outlook. The Fed seems to be quite comfortable with the current rate of inflation—which they believe to be temporary and will average out to 2% inflation over time, which is helping set the bar for rate hikes. The Bank Of England surprised everyone by NOT raising rates; meanwhile, the US trade deficit hit an all time high. Peter Boockvar, CIO of Bleakley Advisory Group and editor of The Boock Report, asserts that there remains a disconnect between the reality that he sees and what he believes most Americans are experiencing—that inflation is not transitory. PCE inflation is well above 4%, and the Fed is sticking to their symmetry goals to the detriment of businesses and consumers. Did the Fed make the wrong move with this dovish taper announcement? Interviewed by Maggie Lake, who will be taking live questions from Real Vision Plus members. Show More

Real Vision Live offers Plus and above members the opportunity to interact in real time with experts about all things related to financial markets. Features timely, in-depth analysis on what's driving price action across all asset classes. Nothing is off the table.

More Episodes

Real Vision Live offers Plus and above members the opportunity to interact in real time with experts about all things related to financial markets. Features timely, in-depth analysis on what's driving price action across all asset classes. Nothing is off the table.

More Episodes

COMMENTS

Sort By
  • Newest First
  • Oldest First
  • Top Rated
  • Most Discussed
  • Most Controversial

Access Plus Content

This content is reserved for the thousands of visionaries supporting the financial revolution. We'd love for you to join us. Interested?

See Our Plans

Already have an account? Log In