Todd "Bubba" Horwitz: Recession Already Started, Fed "Clueless" in Fighting Inflation
Stansberry Research, Released on 4/20/22
The dollar is suffering from a joint effort from central banks around the globe to, "reduce the value of the dollar and aim for a global digital currency," says market expert Todd "Bubba" Horwitz, the founder of bubbatrading.com. "We're already suffering through inflation we haven't seen before," he tells our Daniela Cambone. Horwitz argues that if the United States returned to being, "a net exporter of oil," inflation would be solved domestically and throughout the global economy. Low employment and high inflation are not a good mix, he says, implying that the economy is in a stagflationary period. Horwitz concludes that gold has a great chance to, "reach all-time highs," in this current environment.
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: Recession Already Started, Fed "Clueless" in Fighting Inflation added by Herman James on 04/19/2022View all posts by Herman James ?+'