The Fed has never hiked rates during a recession, expect stock markets to fall another 50% – Todd ‘Bubba’ Horwitz

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The Fed has never hiked rates during a recession, expect stock markets to fall another 50% – Todd ‘Bubba’ Horwitz
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gold The Fed has never hiked rates during a recession, expect stock markets to fall another 50% – Todd ‘Bubba’ Horwitz

The Federal Reserve has no room to pivot and reduce rates, and this is why they are raising rates during this recession, said Todd ‘Bubba’ Horwitz, Chief Strategist at BubbaTrading.com.

The Great Reset is a World Economic Forum plan to implement stakeholder-based governance and green energy infrastructure. Opponents of the Great Reset claim that it is a guise to transfer assets from the middle class to the wealthy. The Federal Open Market Committee is next meeting in September, and Horwitz said that they will raise rates by “1 percent,” but he said that the Fed will fail to tame inflation.

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