The Federal Reserve has pumped artificial dollars into the economy, market expert Todd "Bubba" Horwitz suggests as stocks continue to climb. The founder of bubbatrading.com calls for a 50-60% correction in U.S. markets with money supply eventually diminishing.
It is almost an impossibility for the Fed to raise rates even though the market is calling for higher interest rates, Horwitz concludes. He says cryptocurrencies are a safe haven because there is no manipulation or third party changing their value.
Horwitz expands on his distrust for the dollar as, "the Fed destroys your capital."
