The David Lin Report

In this engaging discussion, Jason Shapiro, founder of the Crowded Market Report and a seasoned trader, dives into the dynamics of the current bull market that many dislike yet persists. He shares insights on how crowd sentiment influences market positioning and why he believes central banks will step in to support downturns. Jason also touches on the intersection of prediction markets and traditional trading, revealing preferred strategies for sectors like FX and commodities. Plus, he addresses the future of Bitcoin compared to gold as a store of value.

Arthur Laffer, renowned economist and creator of the Laffer Curve, shares insights on the potential impacts of tax cuts under Trump’s plan. He argues that reducing income and payroll taxes can spur job creation and lower prices, addressing affordability concerns. Laffer critiques high taxes based on historical failures and discusses supply-side solutions to boost housing and employment. He emphasizes the role of AI in productivity and warns against government-run enterprises, advocating for efficient private incentives instead.

Michael Gayed, a seasoned portfolio manager and macro expert, warns about the implications of Japan's rising interest rates on global markets. He explains the yen carry trade and its potential to trigger a sell-off. Gayed also links Japanese financial moves to U.S. equities like NVIDIA, suggesting a ripple effect on liquidity. He predicts a bright future for healthcare investments by 2025, driven by AI and deregulation. Plus, he discusses precious metals as safe havens amid market volatility, making for an engaging listen.

Alice Liu, Head of Research at CoinMarketCap, delves into the recent Bitcoin crash which triggered a record low in the fear-and-greed index, hinting that a market bottom might be in place. She explores how altcoins often follow fleeting narratives and discusses the impact of perpetual DEXes on future market growth. Alice also links macroeconomic factors and Fed policies to the crypto landscape, while introducing the CMC20 tokenized index and highlighting stablecoins' role in liquidity, all while assessing potential risks from quantum computing.

Bart Smith, CEO of Avalanche Treasury Company and a former institutional trader, dives deep into the recent 30% Bitcoin drop. He emphasizes whale selling and market pressure, exploring the long-term effects of crypto concentration. Bart discusses how treasury companies can provide permanent capital, and he highlights Avalanche's role in tokenization and DeFi. He also touches on stablecoins' potential to reshape banking, retail adoption challenges, and the macro factors that could push crypto to new highs in 2026.

In this discussion, Chris Vermeulen, Chief Market Strategist at TheTechnicalTraders.com, shares his insights on current market corrections versus bear markets. He analyzes sector performance, the risks of the S&P 500, and the implications of his FOMO indicator on volatility. Chris explains his unique approach combining price, time cycles, and sentiment to assess market behavior. He also examines Bitcoin's support levels and predicts gold's potential upside, while advising caution in today’s trading environment.

Jim Welsh, founder of Macro Tides and seasoned macroeconomic analyst, discusses his predictions for a secular bear market fueled by extreme valuations and weakening consumer sentiment. He reflects on his early warnings from 2007 and critiques the inflation narrative. Welsh emphasizes the difference between market declines and economic recessions, while spotlighting the risks of the yen carry trade unwinding, which could trigger significant selling pressure. He also shares insights on gold's potential pullback and the dollar's surprising resilience.

Sam Burns, Chief Strategist at Mill Street Research, dives into the shifting labor market and economic growth dynamics. He discusses the shift from speculative investments to earnings-driven companies. Burns highlights concerns over rising unemployment and potential layoffs against a backdrop of mixed labor signals. He emphasizes the arms race in AI spending and warns of the risks involved. Lastly, he provides insights on positioning within tech, encouraging investments in resilient equities while navigating inflation complexities.

Matthew Sigel, Head of Digital Assets Research at VanEck, dives deep into the tumultuous world of Bitcoin and its future. He explains how Bitcoin's underperformance this year relates to AI trade dominance and the pivot of miners from ASICs to AI GPUs. Sigel highlights intriguing on-chain data revealing that miners, not long-term holders, are primarily selling. He discusses the potential for a final correction before a rally and explores the macro forces behind the recent crypto sell-off. Sigel also introduces their On-Chain Economy ETF, NODE, emphasizing its innovative approach to market exposure.

Steve Hanke, a Professor of Applied Economics at Johns Hopkins University, dives into the economic risks facing New York City. He warns that ambitious policies like free transit and a $30 minimum wage could lead the city to bankruptcy. Hanke links inflation and ineffective municipal plans to growing wealth disparities while critiquing rent freezes and proposed public housing projects. He draws parallels with historical examples of socialism, emphasizing the importance of market-driven solutions for fiscal stability.