The Fed has never done this in history, expect another 50% market crash - Todd Horwitz
Kitco News, Released on 8/26/22
Stocks and gold tumbled Friday morning as Fed Chair Jerome Powell made hawkish signals during his speech at the annual Jackson Hole Symposium. Todd 'Bubba' Horwitz, editor of BubbaTrading.com, discusses his outlook on the markets and gold with David Lin, Anchor for Kitco News.
0:00 - Jerome Powell's speech7:27 - Raising interest rates during a recession12:27 - Gold15:10 - Student loan forgiveness plan19:02 - Raid on Trump's residence22:14 - Inflation and oil24:40 - CBDCs
Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast 'The Bubba Show.' He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.
The Fed has never done this in history, expect another 50% market crash - Todd Horwitz added by Herman James on 08/25/2022View all posts by Herman James ?+'