BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: March 21, 2016
Will the FED raise rates in 2016?Bubba comes in firing from the March Madness weekend to the idiotic action from the FED. Bubba discusses the fact that nothing has changed since February 11th except that the FED has walked back from their original position of potentially raising interest rates four times in 2016. Bubba feels that the FED will not raise rates this year at all and that they will stay lost in space.
Jane King joins Bubba and they discuss current conditions in the markets. Jane has some concerns based on her background, not only as a business reporter and a TV host, but also as a Midwesterner with a farming background. Jane sees trouble ahead and warns everyone to take protective measures.
Mike McGlone makes his weekly visit with Bubba and asks the question, what are the markets telling us? From Mike’s view, he sees problems brewing as well in the markets and wants to stay in the safer spaces of gold and bonds. Mike and Bubba were both surprised by the dovish FED and Janet Yellen’s press conference.
Mike and Bubba talk about value investing, where Mike believes in moving assets around while Bubba believes in hedging. No matter how they choose to invest, both Mike and Bubba agree on a couple of things, the markets will head lower and figuring out a way to protect your investments without allowing the markets to take advantage of you should be a priority.
About Jane King
With 15 years of covering money news, Jane King has been bringing her audience not just breaking economic news but also “pocketbook” issues. The decisions moms make at the supermarket, high school students weighing various colleges, helping young couples buy their first home.
About Mike McGlone
Mike is Director of US Research at ETF Securities. In addition to writing the ETF Securities Precious Metals Weekly and his other research and strategy responsibilities, hes a frequent guest on CNBC, Fox Business News, and Bloomberg. Prior to joining ETF Securities, Mike was the Product Manager and head of commodities at S&P Indices where he led the development and oversight of the S&P Goldman Sachs Commodity Index.