'Never Has the Fed Raised Rates Into a Recession'

Stansberry Investor Hour

Stansberry Research

America, How, To, Crash, Money, Learn, Stansberry, Income, Research, Debt, Stocks, Porter, Business, Realestate, Banking, Investment, American, Investing, Invest, Howtosave, Sjuggerud, Ferris, Eifrig, Jubilee, Buck, Sexton, Market, Bonds, Churchouse, Savings, Options, Lashmet

4.4 • 677 Ratings

🗓️ 13 March 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Shockwaves from the collapse of Silicon Valley Bank and Signature Bank are rippling through markets – from stocks to oil and cryptocurrency. The Stansberry Investor Hour welcomes back legendary trader Todd "Bubba" Horwitz to warn about bank bailouts and his thoughts on "the absurdity" of the Federal Reserve.

Bubba tells Dan Ferris and Corey McLaughlin how he's trading soft commodities and mentions how it could be daunting for most investors. But for the brave who buy these assets at good prices, they're in for a reward:

"I think we're due for a big market across the board pretty much in all commodities, especially the consumable-goods commodities. Gold and silver, I think they're going to go higher but they're not consumable – they're going to be needed for money pretty soon."

Bubba also explains why the "Fed pivot" narrative is a myth... why the 10-year Treasury yield could run up to 6%... and why you should sometimes take a break from financial media, leaving listeners with his final words: "Don't let the day-to-day news get to you."

➡️ Watch Here

Transcript

Click on a timestamp to play from that location

0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm your host, Dan Ferris. I'm also the editor of Extreme Value and the Ferris Report, both published by Stansberry Research. And I'm Corey McLaughlin, editor of the Stansberry Daily Digest. Today we talk with Todd Bubba Horowitz, a 40-year professional trader of bubba trading.com. And in today's rant, Corey and I don't want to talk
0:23.5	about the Fed again, but we kind of have to, so that's what we'll do. And remember, if you want to
0:28.6	send us a note, send it to feedback at investor hour.com, and tell us what's on your mind.
0:33.2	That and more right now on the Stansberry Investor Hour.
0:40.7	Do I really not want to talk about this?
0:43.1	I actually, I really do want to talk about it.
0:46.6	I really, if I'm being honest, I want to say that I don't want to talk about the Fed,
0:50.9	but I can't stop myself.
0:52.9	That you really do.
0:54.2	Yeah. I really do. Yeah.
0:55.1	I really do because there is just the absurdity of its existence gnaws at me.
1:01.9	So every time Jerome Powell or somebody, this week it was Jerome Powell, talks in public,
1:06.2	all of that just comes right back up to the surface again.
1:16.7	And he certainly talked this week or recently, you know, in the past week, before Congress,
1:23.7	the semi-annual required testimony before the Senate and the House of Representatives.
1:24.5	Right.
1:26.2	And we got the Fed meeting coming up.
1:29.4	So it was timely, too, as far as, as far as what he was saying. So yeah. And he said a lot. These guys love to talk. They really do. They do. And they love to
1:38.0	talk in a very particular way, which, you know, it's sort of, I will say this.
1:49.0	Jerome Powell does talk in FedSpeak or whatever you want to call it,
1:52.2	but I think he's clearer.
1:57.8	Like he's not a big obtruskator like Alan Greenspan was, for example. Like Greenspan, never really, like, you were parsing every other word.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Stansberry Research, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Stansberry Research and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.