Real Vision Finance, Released on 6/27/22

Russia defaulted on its external debt for the first time in more than a century, a technical breach brought about by historic sanctions on Vladimir Putin’s war-making machine. Equity indexes turned lower in afternoon trade following last week’s big rally but have basically shrugged off this development. Peter Boockvar, the chief investment officer at Bleakley Advisory Group, joins Real Vison’s Andreas Steno Larsen to talk about broader implications of Russia’s default on the global bond and energy markets. Boockvar and Larsen also discuss recent economic data and when we might expect to start seeing negative monthly prints in key indicators such as durable goods orders and retail sales.

Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.

  economy, energy, peter boockvar, russia, stock market