Is the Next Correction Closer Than We Think?
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TGIF Today on The Bubba Show, Bubba talks about the senate and the passing of the budget bill late Thursday night. Bubba explains that this passage still leaves tax cuts and tax reform far away from being passed. The senate vote narrowly passed with a vote of 51-49. This is still an uphill battle.
The equity markets are as resilient as they have ever been. Bubba talks about the trade from Thursday, describing the markets as amazing. On Thursday, markets were down big and managed to rally all the way back to close on record highs. Bubba’s views have not changed.