Weekend Show Preview – Peter Boockvar on inflation data
To kick off the first two segments of the upcoming weekend show I am joined by Peter Boockvar, Chief Market Analyst for the Lyndsay Group. Since today is a busy day recording the rest of the weekend show I decided to post this preview.
Peter addresses the recent data that has shown an uptick in inflation. What this means for the economy and how central banks will handle this is the focus.
Click here to visit Peter’s news site – The Boock Report.
Click download link to listen on this device: Download Show
Here’s an article with exactly the opposite thought on interest rates. FWIW
Record radiation level detected inside damaged Fukushima reactor
TOKYO —
A record radiation level has been detected inside the No. 2 reactor at the damaged Fukushima Daiichi nuclear complex, with the estimated reading of up to 530 sieverts per hour, the plant operator said Thursday.
The reading means a person could die from even brief exposure, highlighting the difficulties ahead as the government and Tokyo Electric Power Company Holdings Inc. grope their way toward dismantling all three reactors that melted down in the March 2011 nuclear disaster.
The Uranium price will take a holly day !
Cory:
Excellent comment. Especially significant is Peter’s thoughts on future action by the Fed. Three or four raises this year! Far different than the herd is thinking. Thanks also for the link to Peters news site.