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Add as a preferred source on GoogleBoockvar Says Fed Would Skip December Hike If Tech Stocks Keep Falling
The One Point BFG Wealth Partners chief investment officer made his outlook conditional on further declines in technology stocks.
Peter Boockvar, chief investment officer at One Point BFG Wealth Partners, said the Federal Reserve would not raise rates in December if technology stocks continue to fall, making his forecast contingent on further weakness in the sector.
Boockvar is chief investment officer at One Point BFG Wealth Partners. His comment was a conditional outlook, not a policy decision by the Federal Reserve.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.