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Peter Boockvar On Inflation And The Major Problem Facing Central Banks
kingworldnews.com / October 15, 2015
With the dollar moving higher along with most global stock markets, today a legend in the business sent King World News a powerful piece that contains an important note from Peter Boockvar.
October 15 (King World News) – From Art Cashin’s note: Overnight And Overseas – Global markets are mostly higher as the Tan Book reinforced the Fed delay syndrome. Shanghai was up over 2% and Japan and South Korea rallied over 1%. The rally mode continued into Europe, where most markets are up over 1%.
Despite the dovish look on the Fed, the dollar is a bit firmer, possibly on comments from Mr. Nowotny of the ECB. Most metals are firm with gold setting up for a potential breakout move. Oil is off only a little, despite a huge surge in inventories. Grains are generally softer.
Another Person’s Perspective – My friend, Peter Boockvar, over at the Lindsey Group, took note of Mr. Nowotyn’s comments. Here’s how Peter saw it:
The post Peter Boockvar On Inflation And The Major Problem Facing Central Banks appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/10/15/peter-boockvar-on-inflation-and-the-major-problem-facing-central-banks/
