Stansberry Research, Released on 1/12/22
“This economy is about as weak as you can get,” says market expert Todd “Bubba” Horwitz, the founder of bubbatrading.com. Painting a grim environment to host Daniela Cambone, Horwitz says the economy and markets are in, “big trouble,” on this edition of Outlook 2022. He says he wouldn’t be surprised if 2022 was the year of the big collapse and a replay of 2008, saying 50% of the banks could not pass a “real stress test” if held today. Horwitz says the cryptocurrency world is for real, but will never replace gold, and should be viewed as its own asset class.
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.