Playing the Powell Pivot
Featuring Daniel Alpert and Peter Boockvar
Published on: May 29th, 2019 • Duration: 32 minutesAt the end of last year, the Federal Reserve was forced into a major pivot on monetary policy. The question on everybody’s mind now is what this means for the U.S. and global economy as well as asset markets. Real Vision’s Ed Harrison joins Daniel Alpert, managing partner of Westwood Capital, and Peter Boockvar, chief investment officer at Bleakley Advisory Group, to discuss both why the Fed changed tack so aggressively, and where we are headed for the rest of 2019. Of particular concern is whether we will see a recession in 2019 or 2020, and whether U.S. equity markets will continue to outperform the rest of the world. Filmed on May 21, 2019 in New York.