The Next Market Meltdown May Already Be Starting | Todd Bubba Horwitz

Todd Horwitz remains short oil, gold, and equities, viewing the current market rally as a temporary dead cat bounce rather than a sustainable recovery.

The underlying economic weakness, including a K-shaped economy, private credit stress, and overleveraged banks, poses a far greater systemic risk than geopolitical headlines.

Physical gold is preferred over mining stocks as a safe haven, while AI-driven job destruction could further destabilize the already fragile consumer economy.

The Federal Reserve is running out of options to manage the growing economic deterioration, increasing the likelihood of a significant market meltdown.