Red Hot Inflation, Is the Fed Telling the Truth? Byrnes and Horwitz Debate | Stansberry Research
- Stansberry Research
“The U.S. dollar is still the strongest currency available out there,” says Tracy Byrnes, Financial Advisor UBS Financial Services. “The dollar looks very weak here and I think we’re going significantly lower for now,” says market expert Todd “Bubba” Horwitz in response, the founder of bubbatrading.com. Byrnes and Horwitz join Daniela Cambone to discuss the largest financial issues rattling the globe, where the consumer lies at the center. “The consumer needs to get back out there,” Byrnes explains to Cambone. Horwitz believes, “you can’t make enough money today to satisfy the prices [consumers] have to pay,” in response. Horwitz is critical of the Federal Reserve’s actions saying that they need to, “let the asset classes price themselves, and quit trying to manipulate what you can’t manipulate.” Byrnes and Horwitz conclude on the agreement that lawmakers are late to introducing legislation to regulate trading for public servants, and give their 2022 predictions for the market.
end
