Multiples are compressing, profit margins are rolling over, and prospects of an economic slowdown are growing.
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Featuring Peter Boockvar and Maggie Lake
May 19 at 8:00PM • 36 minutes
Do U.S. investors pay enough attention to what’s happening in overseas markets? Real Vision’s expert on the ground in Asia, Weston Nakamura, shares some data at the top of today’s Daily Briefing that may open your eyes to underlying systemic cracks growing in China and Japan. Then, Maggie Lake is joined by Peter Boockvar, who’s concerned about how a slowing world economy will impact companies. “I think the main story now is margin contraction and the direction of earnings,” says the CIO of Bleakley Advisory Group. “We now have P/E multiples compressing, profit margins rolling over, and the growing prospect that sales will slow in response to both supply issues and the growing prospect of an economic slowdown. It’s a perfect storm.” Is there more pain to come? Peter thinks so. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3wvTE24.
Show MoreReal Vision's Daily Briefing provides a macro context for the day's market action, Monday through Friday, live at 4:00 p.m. ET. Our hosts talk with traders, quants, investors, and analysts with skin in the game. These experts include Tony Greer, Katie Stockton, Jim Bianco, Jared Dillian, Thomas Thornton, and our own Raoul Pal. In just 30 minutes, you'll get the world's smartest analysis of global markets and the important macro trends driving them.
More EpisodesReal Vision's Daily Briefing provides a macro context for the day's market action, Monday through Friday, live at 4:00 p.m. ET. Our hosts talk with traders, quants, investors, and analysts with skin in the game. These experts include Tony Greer, Katie Stockton, Jim Bianco, Jared Dillian, Thomas Thornton, and our own Raoul Pal. In just 30 minutes, you'll get the world's smartest analysis of global markets and the important macro trends driving them.
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