AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
Commodity Prices Are Due For A Severe Correction, Says Mike McGlone
Forward Guidance
What's Bullish?
The most back-radated Bloomberg commodity index. ever rolling over at the same time prices and CPI were. That means commodities are going down because they're heading global economic growth, supply and demand less. Despite that, the Fed is actually increasing tightening. It's becoming more like the Mao dynasty or the Ming dynasty. The Fed's tightening as we head towards recession. I fully expect we're going to go down as fast as we went up. Why shouldn't we? We've had the biggest pump and liquidity ever. Money supply in the US, Trump, 40%. That's collapsing. Global money supply is actually down almost 5% on a five-year basis. You see some of
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode