#178 Peter Boockvar: The Is The Most Mixed And Uneven Economy That I’ve Ever Seen And It Feels More Like A 1.5% GDP Growth Rate Economy Rather Than 3%

Peter Boockvar, Chief Investment Officer at Bleakley Financial Group and a CNBC contributor, discusses the mixed and uneven state of the economy. He highlights the contrasting trends in different sectors, such as housing, consumer spending, and manufacturing. Boockvar also discusses the impact of government spending and the labor market on the overall economy. He emphasizes the confusion and challenges faced by the Federal Reserve in managing inflation and interest rates. Boockvar shares his outlook on the future, including the potential for slower US growth, the importance of Asia in driving economic growth, and his investment preferences in commodities and Asian markets. Links:  Substack/The Boock Report: https://boockreport.com/ Twitter/X: https://x.com/pboockvar Bleakley Financial Group: https://www.bleakley.com/ Timestamps: 00:00 Introduction and welcome Peter Boockvar 00:51 Macro view, “the most mixed and uneven economy that I've seen” and it feels more like a 1.5% growth rate rather than 3% 04:47 Labor market  05:45 What’s happening in the rest of the world economies?  08:00 Inflation 09:11 The Fed and interest rates 11:03 Bear steepener  13:40 New normal  18:40 Housing market outlook 21:45 When will the rising debt/deficit be a problem? 

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Julia La Roche brings her listeners in-depth conversations with some of the top CEOs, investors, founders, academics, and rising stars in business. Guests on "The Julia La Roche Show" have included Bill Ackman, Ray Dalio, Marc Benioff, Kyle Bass, Hugh Hendry, Nassim Taleb, Nouriel Roubini, David Friedberg, Anthony Scaramucci, Scott Galloway, Brent Johnson, Jim Rickards, Danielle DiMartino Booth, Carol Roth, Neil Howe, Jim Rogers, Jim Bianco, Josh Brown, and many more. Julia always makes the show about the guest, never the host. She speaks less and listens more. She always does her homework.