Liberty and Finance, Released on 2/27/23
40-year professional trader Todd “Bubba” Horwitz says inflation is remaining hot and rates aren’t going to fall anytime soon. He expects the 10-year Treasury to hit 6%. That would put mortgage rates around 10%. Higher rates will put the real-estate market into a tailspin, he says. “Housing is going to collapse. We haven’t even scratch the surface of what I think the collapse is going to be.”
8:26 Dollar Index
15:55 Bubba Trading
16:34 Miles Franklin
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.