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The bond market is currently indicating a rate hike from the Federal Reserve this year, according to Todd "Bubba" Horwitz of BubbaTrading.com.
" I assume they're mosting likely to be compelled, by the bond market, to elevate prices this year. I assume that they're also much over their skis, and they're essentially as well unaware regarding what is taking place in the economy," Horwitz told David Lin, support for Kitco Information.
0:00 – Fed tapering a "likelihood".
5:00 – Market responses.
7:56 – Taper temper tantrum.
10:20 – Gold vs electronic currencies.
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Fed ‘forced’ to raise rates this year; stocks to throw tantrum, gold to rise – Todd Horwitz
The bond market is already signaling a rate hike from the Federal Reserve this year, according to Todd “Bubba” Horwitz of BubbaTrading.com.
“I think they’re going to be forced, by the bond market, to raise rates this year. I think that they’re too far over their skis, and they’re basically too clueless as to what is going on in the economy,” Horwitz told David Lin, anchor for Kitco News.
0:00 - Fed tapering a "probability"
5:00 - Market reactions
7:56 - Taper tantrum
10:20 - Gold vs digital currencies
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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