In this episode of On The Tape, host Danny Moses interviews Peter Boockvar, Chief Investment Officer of Weekly Financer Group, about the market's performance since Boockvar's last appearance on the podcast in February, when he correctly predicted the market's high point. They discuss the Mag 7 stocks, the impact of tariffs, S&P 500 earnings, and the Fed's potential actions regarding interest rates. Boockvar emphasizes the importance of considering global bond markets, particularly Japan, and the role of foreign flows in the U.S. Treasury market. The conversation also covers gold as a hedge against central bank incompetence and debt, the energy sector, housing market dynamics, and the sports gambling landscape, including the emergence of event contracts. Boockvar shares his investment picks, including BP, Shell, EQT, uranium, and Noble, while also touching on the retail environment and consumer behavior. Finally, Moses shares his Belmont Stakes picks, focusing on Rodriguez and Sovereignty.
