WallStForMainSt: Peter Boockvar: A Lot More Bankruptcies In The Next 3-6 Months Despite US Stock Market Rally?

  • Friday, 08 May 2020 00:21
Jason Burack of Wall St for Main St interviewed returning guest, Chief Investment Officer of Bleakley Advisory Group, Editor of The Boock Report https://boockreport.com/ & CNBC Contributor, Peter Boockvar. Follow Peter Boockvar on Twitter here: https://twitter.com/pboockvar During this 25+ minute interview, Jason asks Peter if he thinks the bear market in US stocks that started in February 2020 is over? Peter talks about why he thinks that stocks have rallied but that there will probably be a lot more bankruptcies in the real economy in the next 3-6 months. Jason and Peter talk about how many casual sit down restaurants cannot make a profit with social distancing and politicians forcing restaurants to open at only 20% to 30% total capacity. Jason also asks Peter about the Dollar, the amount of borrowing that the US Treasury will need to do and the Fed balance sheet. Will this much borrowing collapse the Dollar? The U.S. Treasury plans to borrow a record $3 trillion in the second quarter for coronavirus relief — already the largest-ever borrowing for any full fiscal year https://www.marketwatch.com/amp/story/guid/890A9CAA-8E32-11EA-BF80-ADEBCF1A58C2 Jason also asks Peter for his opinions of the oil market, gold, silver and other commodities. Peter's analysis has also been featured on Real Vision TV. Peter also names a few interesting investment ideas for listeners including a potash company that he thinks is very undervalued. Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 75 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website or through Paypal. Send one time donations to our Paypal to the email address: [email protected] Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.