Todd "Bubba" Horwitz shares a bearish outlook on the current stock market rally, warning that the rebound is likely to fail at the 200-day moving average. He anticipates a significant downturn ahead, potentially taking major indices like the NASDAQ, S&P, and Dow 40–60% lower, though he cautions against trying to time the market. Horwitz criticizes the current market environment, citing high volatility, low volume, and a lack of liquidity as major concerns. He strongly opposes any Federal Reserve rate cuts, arguing they would worsen inflation and primarily benefit banks, not consumers. Finally, he warns that banks—particularly regional ones—are overleveraged and at serious risk, with signs of deeper financial trouble already emerging.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Market rebound
6:46 Trump's policies
12:50 Gold update
16:30 Energy prices
18:45 Stock market wrap up
21:05 Weekly specials
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