U.S Dollar Is Starting To Break Things | Mike McGlone

Blockworks Macro
94.8K subscribers

Recorded on Monday 26th: Before the BoE's Gilt announcement

On today's episode of "On the Margin", Mike McGlone Senior Commodity Strategist at Bloomberg joins the the show for a wide ranging discussion. As the U.S Dollar continues rising, markets are beginning to crack. Is there any end in sight for economies around the world?

We also discuss what is happening in energy, commodity and crypto markets. How will oil perform ahead of mid term elections in the U.S? Is gold set for a move higher? And have crypto markets felt enough pain or is more to come? To find out, you'll have to tune in!
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Timestamps:

00:00 Introduction
01:33 What Is Happening With The British Pound?
14:32 Gasoline & Biden's Approval Rating
17:41 How Energy Is Effecting Global Currencies
20:14 Circle Ad
21:33 The U.S Dollar Wrecking Ball
31:02 Gold
36:32 Which Countries Are Positioned To Outperform?
42:05 Final Thoughts
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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.