The Federal Reserve has announced it is opening the floodgates of inflation to hold back unemployment. The pandemic was the last straw, and the economy is already seeing rising asset prices.
For Peter Boockvar, chief investment officer at Bleakley Advisory Group, even when the health crisis is over, demand will push consumer prices higher, given disrupted supply chains.
Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.