“We are in a bear market, and a bear market is not just going to end in a couple of months considering the ten years of a bull market,” the chief investment officer at Bleakley Advisory Group said Thursday on “Futures Now. ”
Boockvar, also a CNBC contributor, acknowledged the market has been grossly oversold. He thinks stocks have been due for a rip-roaring rally that could extend into January. Here is a direct video link.
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In both directions. h/t @LanceRoberts
This is really pretty incredible.
US household holdings of equities and mutual funds reached a record 278% of disposable personal income in the second quarter of 2026, up from just 29% in 1982, amplifying the stock market’s influence on consumer spending and economic activity.
