14:10 Very dishonest how he mentions the Consumer Confidence number from FEBRUARY 2020. That means the number was looking backward (January) not forward to Covid lockdowns.
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?
Agreed, notwithstanding my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k. I've made a fortune so far, and I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
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?
The stock market is risky But staying on the sidelines is riskier. Missing the next bull run will be far more costly to your long-term wealth than getting in at the "right price". Consult a financial advisor if you're unsure how to proceed.
You're right, I and a few Neighbours in Bel-Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 37% in the last quarter
I've stuck with the popularly ‘’Amber Kay Wright” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up
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.
Haha exactly. Just because the economy is softening doesn’t mean we are in a recession. That’s what happens when you watch 1-3 indicators and base your whole analysis on it. His view is we are in a recession and he’s trying to justify it rather than actually trying to distinguish the regimes we are in and the mechanism in the data to translate those regimes.
The funny part is history suggests he'll eventually be right, and when that happens, 90% of people will lose a shit ton of money. He is a contrarian, and contrarians usually get things wrong, until they don't. Then, they're the only ones who are right. And they usually make a fortune when that happens. It's all part of the game. Besides, macro prediction is a fool's errand. No one gets it right consistently. Howard Marks frequently emphasizes this point: if one could reliably forecast the economy, they would already be a billionaire. Yet, no one possesses this ability. Marks himself ceased heeding macroeconomic forecasts long ago, having witnessed countless individuals attempt and fail. Over long periods of time, most of them are no better than a coin toss.
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.
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..(?)
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.
I think more important is a great many number of financial advisors have not lived through a bear market. WE have had the longest bull market in history 15 years. Bull makrets end. IMHO we are about to see who really knows what they are doing and I think 90% of financial advisors lose their jobs.
hard to get accurate info out of China, but his take doesn't jibe from what I'm reading about real estate elsewhere. Where does he get his information. Why does he trust it?
He has a permabear view and rather than trying to understand the regimes in which we are in he spends all his time trying to justify his view. He’s married to the view so it’s all through his confirmation biased lens whenever data comes out.
in 1990 every analyst said the 80's was an exception. we'd never see returns like that again in the sp500. (300%). In the next decade sp500 returned 500%. Today feels like 1990. we are at the start of a decade long bull run.
Companies know that capital investment in China or Russia is subject to capricious confiscation. Rule of law, protection of property have been proven to be illusory. As Will Rogers said: "I'm worried about return of my money, not reurn of my money!" Welcome home.
If you are early, you are wrong. If the market crashes today, you're still wrong bc you started saying it literally years ago. At some point this might get through.
You can look at the Stock Market more as a Bingo Parlor than a proper financial tool. It's where the wealthy including large multinationals park their excess money and stocks are looked on more as an asset like real estate, gold, or bitcoin than a legitimate financial instrument. i.e. The Stock Market does well when the rest of the economy does poorly. It's the playground for the rich and has nothing to do with the rest of us. Back in the day, pre Reagan, when stocks were actual legitimate financial instruments, ROI and dividends guided you. Now it's 100% pure BS and speculation. It's for excess cash, not money you need.
Boockvar's calls are terrible. He was pushing NTR and MOS a couple months ago they dumped 20% since then. I think he spends more time being interviewed than he does analyzing stocks.
what recession look at the markets, everything is so up and up and up where is your recession... these economists are clowns they don't understand what they are talking about... how much people lost money who were listen to these late calling clowns
Yep on point here. I mean even the RUSSEL 2k is rallying… and just because the economy is marginally softening doesn’t mean we are in a recession. Goldilocks now bonds rallying too!
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Seeing a remark regarding my manager Anna Rodriguez is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Anna Rodriguez been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a RUclips referral like this
bookbar is perpetually bearish, i wonder how much he lost in the past few yrs, this incompetent guy, MOst ppl from RV are like this, totally wrong on the market direction for multi years.
Forward Guidance is sponsored by Van Eck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at vaneck.com/MOATFG
14:10 Very dishonest how he mentions the Consumer Confidence number from FEBRUARY 2020.
That means the number was looking backward (January) not forward to Covid lockdowns.
Such a wild range of fantastic info to think about. Both of you impressive and generous with your time. TY!
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?
buying the dip is actually good investing, although for the majority, their investing solution can be found in specialized expertise
Agreed, notwithstanding my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k. I've made a fortune so far, and I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
‘’Aileen Gertrude Tippy’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with and set up an appointment.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Love all the shows jack does the interview on. Much love Jack!
This discussion covered a lot of ground! Great interview!!
Man. Well spoken Peter.
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?
The stock market is risky But staying on the sidelines is riskier. Missing the next bull run will be far more costly to your long-term wealth than getting in at the "right price". Consult a financial advisor if you're unsure how to proceed.
You're right, I and a few Neighbours in Bel-Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 37% in the last quarter
Mind if I look up your advisr please?
I've stuck with the popularly ‘’Amber Kay Wright” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.
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.
Peter enjoyed your discussion.
Seeing Vematum's progress, I'm beyond impressed!
Thanks, gents
Great interview 👍
I remember that he on RV called for a buy on a copper mining company. That made a home rune. Was a good call!
Whats the ETF that peter said he is involved with that benefits from bear steepener? Thank you
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.
Haha exactly. Just because the economy is softening doesn’t mean we are in a recession. That’s what happens when you watch 1-3 indicators and base your whole analysis on it. His view is we are in a recession and he’s trying to justify it rather than actually trying to distinguish the regimes we are in and the mechanism in the data to translate those regimes.
The funny part is history suggests he'll eventually be right, and when that happens, 90% of people will lose a shit ton of money. He is a contrarian, and contrarians usually get things wrong, until they don't. Then, they're the only ones who are right. And they usually make a fortune when that happens. It's all part of the game. Besides, macro prediction is a fool's errand. No one gets it right consistently. Howard Marks frequently emphasizes this point: if one could reliably forecast the economy, they would already be a billionaire. Yet, no one possesses this ability. Marks himself ceased heeding macroeconomic forecasts long ago, having witnessed countless individuals attempt and fail. Over long periods of time, most of them are no better than a coin toss.
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.
Please explain how a GDP of 1% on a go forward basis leads to inflation volatility.
you mean to tell me companies cant keep raising prices forever without consumers noticing? color me shocked!
i never saw „Death by a thousand cuts“ itch the stock market. It‘s impenetrable
Thanks
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..(?)
Get sum sun bro's, & it makes your hair grow as well.
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.
These kids don't know what a recession is - they never lived through one like in the 70s and 80s.
08? GFC? Not as bad on your opinion? Just curious, thanks.
I think more important is a great many number of financial advisors have not lived through a bear market. WE have had the longest bull market in history 15 years. Bull makrets end. IMHO we are about to see who really knows what they are doing and I think 90% of financial advisors lose their jobs.
*A+*
What the last time you went to 7-Eleven??? What a garbage stores - so crappy worse then worse gas tations,
... whenever someone says AI has been around forever, I immediately stop listening ans switch to a different video
The rent discussion was painfully dumb
I think this is the guy that's down 30% on his clients' money, right?
hard to get accurate info out of China, but his take doesn't jibe from what I'm reading about real estate elsewhere. Where does he get his information. Why does he trust it?
He has a permabear view and rather than trying to understand the regimes in which we are in he spends all his time trying to justify his view. He’s married to the view so it’s all through his confirmation biased lens whenever data comes out.
in 1990 every analyst said the 80's was an exception. we'd never see returns like that again in the sp500. (300%). In the next decade sp500 returned 500%. Today feels like 1990. we are at the start of a decade long bull run.
Really? When the consumer is so stretched and valuation are at nose-bleed levels? This time it's different? Not selling, but not buying more atm.
Companies know that capital investment in China or Russia is subject to capricious confiscation. Rule of law, protection of property have been proven to be illusory. As Will Rogers said: "I'm worried about return of my money, not reurn of my money!" Welcome home.
If you are early, you are wrong. If the market crashes today, you're still wrong bc you started saying it literally years ago. At some point this might get through.
What if valuations and earnings don't matter, and currency debasement makes things go up and to the right forever on a log scale.
Vematum's tech is next level, truly innovative.
Jack likes to blink
You can look at the Stock Market more as a Bingo Parlor than a proper financial tool.
It's where the wealthy including large multinationals park their excess money and stocks are looked on more as an asset like real estate, gold, or bitcoin than a legitimate financial instrument.
i.e. The Stock Market does well when the rest of the economy does poorly.
It's the playground for the rich and has nothing to do with the rest of us.
Back in the day, pre Reagan, when stocks were actual legitimate financial instruments, ROI and dividends guided you. Now it's 100% pure BS and speculation. It's for excess cash, not money you need.
Vematum's on my radar, looks promising!
Vematum's momentum is real. Getting on this!
Holding Vematum tight, expecting big moves!
These experts have been so wrong for so long.
Damn these doom ans gloom youtubers preying on fear
hm I'm up 250% ytd, which is low compared to last year. Must be the recession we are in..
I am up 386 percent this year
he seems have been wrong for a while lol
Boockvar's calls are terrible. He was pushing NTR and MOS a couple months ago they dumped 20% since then. I think he spends more time being interviewed than he does analyzing stocks.
A waste of time.
FED, FED, FED... Aren't we fed up? Rates will be adjusted just in time für Ze Grreat Reset in 2030, when we'll own nothing. Happiness is guaranteed.
what recession look at the markets, everything is so up and up and up where is your recession... these economists are clowns they don't understand what they are talking about... how much people lost money who were listen to these late calling clowns
Yep on point here. I mean even the RUSSEL 2k is rallying… and just because the economy is marginally softening doesn’t mean we are in a recession. Goldilocks now bonds rallying too!
Vematum is changing the game, watch out!
Diving deep into Vematum, liking what I see!
Fuck we can protect our president better
Vematum's community is strong, love the vibe!
Vematum's vision is clear, I'm on board.
Vematum = opportunity. Don't sleep on it!
I have learnt a lot concerning crypto progress this time and will like to join in . I wish I can get a good mentorship
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Ms. Anna Rodriguez. She is highly adept at t'rading and making significant pro'fits, in my opinion, is excellent.
Seeing a remark regarding my manager Anna Rodriguez is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!
Goodness gracious I'm so excited seeing Ms. Anna Rodriguez been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a RUclips referral like this
Guys, you've just made my day! I've lost so much money on my own. How do I reach her please?
China's middle class isn't doing well??? Are you kidding me?
bookbar is perpetually bearish, i wonder how much he lost in the past few yrs, this incompetent guy, MOst ppl from RV are like this, totally wrong on the market direction for multi years.
sp500 telling telling and giving the fucking middle finger to peters doom and gloom shit talk he is wrong