ep. 221


A Recession Is Unavoidable | Mike McGlone

On today's episode of On The Margin, Mike McGlone Senior Macro Strategist at Bloomberg Intelligence joins the show for a discussion on the looming debt ceiling, why deflation (not inflation) is ahead and his outlook for both commodities & hard asset's, such as Gold & Bitcoin.

Expecting a recession in 2023, Mike walks through the global slowdown taking place, and shares insights into how the commodity markets are signalling declining liquidity & recessionary headwinds. To hear all this and more, you'll have to tune in!


Follow On The Margin: https://twitter.com/OnTheMarginPod

Follow Mike: https://twitter.com/mikemcglone11

Follow Michael: https://twitter.com/MikeIppolito_

Follow Blockworks: https://twitter.com/blockworks_


Referenced In The Show:

Sohn 2023 | Kiril Sokoloff in conversation with Stanley Druckenmiller: https://www.youtube.com/watch?v=bMAm2S1M_IU


Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/


Use code PODS20 to get 20% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023



(00:00) Introduction

(00:17) The Debt Ceiling Looms, What Next?

(05:41) We Are Heading Towards Deflation

(09:30) Mike's Outlook On Markets

(14:28) Have Higher Interest Rates Been Felt Yet?

(19:11) Research Ad

(20:00) The Gold Bull Market Is Here

(23:49) Is De-Dollarization Real?

(30:18) Why Are Hedge Funds Record Short Treasury Bonds?

(32:09) Deflation Deflation Deflation... "We're All Turning Japanese"

(35:48) Permissionless II Ad

(36:36) Is There A Structural Case For Inflation?

(45:00) Mike's Macro Framework


Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Other Podcasts from our Network