Jun 14, 2020

Peter Boockvar on the sharp increase in speculative activity

It’s great that Vegas is open again, but who needs it when you have the stock market instead.  After an incredible run since March, we now have clear froth in parts of the market.  We know this level of speculation has coincided with a sharp increase in the activity of retail investors.

~ Peter Boockvar, chief investment officer for Bleakley Financial Group, "Hundreds of Thousands of Tiny Buyers Swarm to Insolvency Stocks," Bloomberg.com, June 9, 2020

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