Sep 9, 2022
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.”
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