Investor Peter Boockvar sees two narratives gripping the market, and one could send investors running for cover.
While the stock market is suggesting an economic and earnings slowdown is temporary, the Bleakley Advisory Group chief investment officer believes bond trading activity signals equities are vulnerable to a painful shock.
“The stock market is assuming … things will improve in Q2 and throughout the second half,” he said Tuesday on CNBC’s “Futures Now. ” “The bond market is taking a more less optimistic take on that, and saying that the data is weak, and we’re going to reflect that right now in lower yields and inversions within the yield curve.”
