Todd "Bubba" Horwitz: Markets Poised to Collapse as Fed Eyes Full-Point Rate Hike
Stansberry Research, Released on 9/9/22
There's a very good chance that the Fed "raises rates above expectations," says Todd "Bubba" Horwitz, the founder of bubbatrading.com. He predicts that the Fed will raise rates, "a full point," and points to nominal rates, "which are still very negative." We are well behind the curve and the Fed is trying to catch up, Horwitz continues. He tells our Daniela Cambone, the only way the U.S. can punish Russia and uphold their sanctions is by, "producing oil." The markets look like they are on a beeline to go lower, Horwitz concludes, saying the upcoming election may trigger devastating effects on markets "as an event."
00:00 Fed's another 75-point basis interest hike3:21 How can we prepare for a more aggressive rate hike?4:46 Market collapse and food shortage5:59 The Fed is not independent7:47 Europe's winter energy crisis9:28 Biden's strategy of inflation control11:21 What do they gain by eliminating the middle class?12:08 Metals market crash timeline13:41 What's going on with the metals?15:19 The strength of the U.S. dollar15:47 Silver products demand17:00 Final thoughts on investment
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.
Todd "Bubba" Horwitz: Markets Poised to Collapse as Fed Eyes Full-Point Rate Hike added by Herman James on 09/10/2022View all posts by Herman James ?+'