In this episode of On The Margin Mike Ippolito is joined by returning guest Mike McGlone, the Senior Commodity Strategist at Bloomberg Intelligence. With 20+ years in the industry as a Trader, Analyst & Strategist, Mike offers a unique perspective on the forces driving global markets, with particular expertise on global commodity markets.
As war between Russia & Ukraine continues, we invited Mike back to On The Margin to share his insights into how continued conflict effects wheat, oil, natural gas & agriculture markets throughout 2022. Mike also shares how the S&P 500 is facing a market correction similar to 2008, the political reaction to inflation, how the Fed will be forced to hike rates to curb inflation & how crypto will perform in this environment.
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Follow Mike McGlone: @mikemcglone11
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Listen to this episode on Apple or Spotify.
Apple:
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Spotify:
https://tinyurl.com/3vnnkrkw
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Timestamps:
(00:00)・Introduction
(00:46)・Fed Rate Hikes
(04:20)・Bitcoin Market Outlook
(10:43)・Oil Outlook
(16:52)・Political Pressure Of Rising Gas Prices
(23:07)・Market Similarities To 2008
(27:24)・Fireblocks Ad
(33:07)・Sanctions On Russia
(37:55)・U.S vs China: Great Power Competition
(46:48)・Assets To Own In This Environment