The Debt Ceiling, Are You Ready For It? w/ Peter Boockvar

Real Vision: Finance & Investing

Real Vision

Business, Business News, News, Investing

4.2 • 1K Ratings

🗓️ 22 May 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Peter Boockvar, Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report, joins Maggie Lake to break down recent remarks from the Federal Reserve, provide valuable insight into retail earnings, and identify potential areas of strength in the economy. More of Peter’s work at https://t.co/x9RdjtPQus Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey everyone, if you like this podcast, go behind the paywall to get privileged access
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0:19.0	Join the ReelVision community and learn how to become a better investor.
0:22.2	I'm now to the top analysis of today's markets.
0:33.2	The debt ceiling, are you ready for it?
0:35.2	Hi everyone.
0:36.0	Welcome to the ReelVision Daily Briefing.
0:37.7	With me today is Peter Bukvar, Chief Investment Officer of Bleakly Financial Group,
0:42.1	and Editor of the Book Report.
0:43.7	Hi Peter.
0:44.8	Hi Daddy, thanks for having me.
0:46.3	Thanks for being on.
0:47.2	We always love to see you.
0:48.3	I feel like we're all in wait and see mode.
0:52.5	We have Republican House Speaker Kevin McCarthy scheduled to meet in 90 minutes with President
0:57.2	Biden to see if they can get a deal on raising the US debt ceiling and avoiding default.
1:03.5	The prevailing wisdom seems to be, at least in the market, it seems to be that there will
1:08.0	be a deal, even if it's ugly and drawn out not the 11th hour, they'll get one done.
1:14.2	Is that the outcome, is that what your sense that that's what the market's betting on,
1:18.7	and is that wise?
	...

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