Todd "Bubba" Horwitz hosts episode 317 of Bubba's Bottom Line to discuss the most recent sell off on Friday past, which illustrated the soft nature of the market in advance of the French Presidential Election. In addition, with President Trump and Secretary of Treasury Steve Mnuchin, the market nearly reversed all losses yet could not find momentum to continue higher. Bubba investigates what is the true driver of this current market: is there one or are we now looking at the outer sphere of yet another bubble?
Todd "Bubba" Horwitz hosts episode 316 of Bubba's Bottom Line, a weekly analysis of money & the markets. Todd discusses consumer confidence and why he feels consumers are feeling over-confident as the markets keep illustrating a level of complacency. Thus Bubba points to the re-inflated housing bubble.
I always love the beginning of a new year, renewed hope, a fresh start, and resolutions galore. One thing that doesn’t change is the cheerleading when things are good or the sorrow when the markets sell off. The joy and exuberance of the market forecasters looking for new business wanting to manage your money. This year we have the added benefit of a new president making tons of promises...
How is it possible that consumer confidence is so low? I thought our economy was awesome and everybody was doing so great! I hope you can sense my sarcasm. Apparently the fall in May was unexpected as Americans are concerned that jobs are more difficult to find.