Why Risk Assets May Have Already Peaked | Mike McGlone

Mike McGlone warns of a broad macro reset that could drive risk assets, including stocks and Bitcoin, significantly lower as deflationary pressures mount.

He expects crude oil prices to fall sharply into the midterms, viewing the recent geopolitical price spike as a temporary pump-and-dump cycle.

Investors should adopt a highly defensive posture by overweighting long Treasuries and holding cash, as even precious metals may have peaked.