The Unconstrained Podcast

The Bubba Show - 03.11.15


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Bubba and the Badger discuss the current selloff in Gold. Bubba mentions that the fear index the VIX is telling investors that the equity markets are not in trouble. The Badger states that it appears that the Fed is going to raise interest rates earlier than the fourth quarter. Bubba comments that he believes the Fed is confused as to where they see interest rates going in the next few months.The Badger comments on the recent murder of Vladimir Putins political adversary Boris Nemtsov. He claims that this is the third murder that indicates that Mr. Putin is starting to turn Russia back into a police state. He talks about the how a legal ally of Mr. Putin is saying that the current Russian constitution is detrimental to the state. Bubba comments how the nothing has changed in the past year.Bubba asks the Badger what is going on in China. The Badgers comments that Prime Minister Li made a significant statement last week at the biggest yearly political convention. He said that the growth rate in China would now be about 7% a year and that this would be the ''new normal'' for the next twenty five years. If necessary to keep growth at that target the Central Bank would borrow if necessary.Bubba comments on how OPEC is continuing to try to hurt U.S. frackers. OPEC believes that increasing production in a period of declining prices will drive out the weak competition and that the price will begin to rise again. The Badger comments about how the ISIS is now destroying production facilities in Libya and that combination of competition and destruction of Oil capacity would cause the Oil market to skyrocket.
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The Unconstrained PodcastBy [email protected] (Myles Wakeham)