Keith Bliss comments the sloppy market conditions since the first of the year. He said that he believes that the majority of the price action is the big hedge funds rebalancing their portfolios. Volume has been very spotty lots of volume in a few minutes and then nothing. The markets appear to be looking for a new direction.Bubba makes comments on how the Central Banks of the world are manipulating monetary policy, and he worries about dire effects of this downstream. Keith agrees that the Fed policy is worrisome, but he differs with Bubba in his view of how the Fed managed the housing bubble. Keith states that the Fed took positive action in 2008 and without the action the results would have been disastrous. Keith maintains that the ''wealth effect'' can be dangerous and that consumers may fall into the same trap as 2008 if they are not careful.Keith comments on the effect of the strong dollar. The benefits of foreign travel, importing foreign goods, lower commodity prices. He then talks about the downside of international trade. The race to the bottom can create a big hole for nations that have the highest interest rates and the U.S. has that distinction. The negative balance of payments must be funded by issuing more debt and this will be a problem.Keith comments on what he wants to do for clients in the Bubba Report. He wants to help average investors understand the link between interest rates and the dollar. How diverging markets affect their chance to make to make money. Why commodity prices fall when the dollar rises, the type of signs that professional traders look for but the average investor probably doesnt recognize. Bubba and Keith wrap up the show.