Fiscal Future: 'Rubicon Crossed' with Soaring U.S. Government Spending - Peter Boockvar
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- čas přidán 7. 06. 2024
- Jeremy Szafron, Anchor at Kitco News, interviews Peter Boockvar, Chief Investment Officer of Bleakley Financial Group and editor of The Boock Report. In this interview Peter shares his latest insights on the U.S. economy, examining the implications of recent fiscal pressures like the soaring costs of U.S. government spending and the shifts from a 40-year bond bull market to a bear market. Boockvar also analyzes how these factors might influence the Federal Reserve's policies and the broader financial markets. Additionally, he offers strategic investment advice in light of the current economic landscape, including his perspective on utility stocks and sectors poised for growth.
Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
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Follow Peter Boockvar X: @pboockvar ( / pboockvar )
0:00 - Introduction and Welcome
1:15 - U.S. Economic Pressures Discussed
3:00 - Impact of Fiscal Trends on Economy
5:10 - Shift from Bond Bull to Bear Market
7:25 - Significance of Rising Debt Costs
9:50 - Government Spending and Economic Impact
12:15 - Dependence on Domestic Funding
15:00 - Exploring High Debt Figures
18:00 - Global Bond Market and U.S. Economy
21:00 - Inflation Trends and Debt Sustainability
23:00 - Closing Remarks and Future Outlook
#PeterBoockvar #EconomicInsights #InvestmentStrategy #FederalReserve #BondMarketShift #InflationControl #DebtSustainability #UtilityStocks #FinancialAdvice #KitcoNews #gold #goldprices #commodityprices #commodities #equities
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Historically speaking Bitcoin doesnt do much immediately after the halving - but it does do impressive spikes and tops out around 18 or so months afterwards. No one can time the market, but I'd say it's worth considering entering a position at current prices and if further dips occur, just add to your position. Over the long run, there is a higher probability to the upside than the downside, .It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
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I agree with you and i believe that the secret to financial stability is having the right investment ideas to enable you earn more..
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..
Always backup your trading with a good strategy...
Thanks guys!! Always helpful!!
EVERY SINGLE EMPIRE FROM THE ROMAN EMPIRE TO THE BABYLONIAN AND MESOPOTAMIAN AND THE BRITISH EMPIRE HAVE ALL FALLEN EVERY ONE FELL ❤❤❤
Roman Empire didn’t fall- it pivoted into the Roman Catholic Church… just like Nazi germany didn’t fall it pivoted into the US gov
Good interview. Great guest!
No audio?
This guy is right!!! A must have on Kitco from time to time.
What happens if debt doubles to 70T at current rate. What happens when print money? Is it possible inflation is moderate?
Great video. Only, the USA fiscal situation is serious if your annual debt interest bill will be over a trillion for at least as far as the rest of the 21st century. In fact, that would put your superpower status in jeopardy and result in a "Suez" crisis US style , for your debt interest will be far higher than your defence budget!!!wtf?. Interestingly, the UK was the world's largest debtor nation last time this happened in history after WW2 , then the USA was the largest creditor nation. Now ironically, Japan, the UK(vis a vis Bermuda, London and the Cayman islands), and China; these were some of the largest creditors and inward FDI to the United States of debt as of the last full year of 2023.
Looking at debt in isolation misses reality of the depreciation of USD. 30 years ago, gold was only &800. Now it is $2400. So, high interest only impacts the average person. For the top one percent or even top 20 percent there is little impact and it has probably benefitted them.
If you believe the GDP and Unemployment and CPI numbers.
Very true and we’re all openly subject to those lies and deceptions in our daily lives for survival.
T-R-U-S-T M-E T-H-O-S-E F-I-G-U-R-E-S A-R-E F-A-K-E-D!!!!
WHY A-R-E T-H-I-N-G-S S-O B-A-D?????
'I-F' G-O-V F-I-G-U-R-E-S A-R-E C-O-R-R-E-C-T!!!!!
What does unsustainable mean in detail. What would happen.
Based on history, it means very high inflation or even eventually hyperinflation. Then civil unrest and war.
How about raising taxes on large corporations to pay deficits
They will pass the costs on to their customers.
They will pass the costs on to their customers.
They will pass the costs on to their customers.
Corporations would simply raise their prices for their customers i.e. you and me.
Here's a suggestion about US Gov't bonds. MAKE THE INTEREST TAX FREE!!!!!! Sales will explode.
Political Reserve chair called hot inflation data "mixed." Hyperinflation incoming
$1 trillion debt added every 100 days
and?>>
happiness,in slavery
absolutely nothing will happen.
nothing new here
For a second I thought that the thumbnail was for Mr. Rogers Neighborhood! Please don't wear that blazer again.