The David Lin Report

‘Hurricane Coming’: Brutal Warning For Stocks, Bitcoin, Gold In 2026 | Mike McGlone

11 snips
Dec 17, 2025
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, shares his insights on the looming market shifts. He predicts a crash for Bitcoin, forecasting a drop to $10,000 and warns of upcoming deflationary pressures. McGlone discusses how gold's recent spikes suggest profit-taking rather than growth, while Treasury yields are expected to fall alongside plummeting stock prices. He also highlights the risks for altcoins and forecasts rising Bitcoin dominance amidst market corrections. Prepare for a turbulent financial landscape!
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INSIGHT

Hurricane Of Market Reversion

  • Mike McGlone warns a major market reversion is coming after prolonged rallies in risk assets.
  • He likens the setup to past cycles where easing preceded large equity drawdowns.
ADVICE

Shift Into Treasuries

  • Tilt toward Treasuries as a defensive allocation ahead of potential market declines.
  • Locking in high-quality yields can act like a put on overpriced equities, Mike advises.
INSIGHT

Easing Without Inflation Follow-through

  • McGlone expects deflationary forces to assert despite Fed reserve purchases.
  • He cites collapsing crude and rising gold as early signs of that divergence.
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