Liberty and Finance, Released on 1/11/25 (Recorded on 1/10/25)
Todd “Bubba” Horwitz has significant concerns about the stability of the banking system, particularly regarding its overleveraging. He warns that banks are heavily dependent on the Federal Reserve’s policy moves, and he expects that when credit card bills and loans come due, the banking sector could face a crisis. The banks have benefited from rate hikes, but this has only delayed the inevitable, according to Bubba. He believes that when the inevitable market meltdown happens, it will likely be triggered by the banks’ instability, and the American public may once again be forced to bail them out. Horwitz advises individuals to hedge their portfolios and avoid panicking, as the banks’ looming crisis could have significant ripple effects on the broader economy, especially the middle class.
0:00 Intro
1:45 Stocks
3:19 Inflation
6:13 Job’s report
8:30 Trump administration update
11:15 Gold, silver, and platinum
14:00 Gold standard
15:06 Geopolitical conflicts
16:00 Banking system
17:28 Preparedness
19:27 Weekly specials
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.