In this conversation, Mike McGlone, Senior Commodity Strategist at Bloomberg, shares his insights on the current state of the market, predictions for 2026, and the dynamics of various commodities including gold, silver, and copper. He discusses the role of the US economy and the Federal Reserve, the impact of AI and electrification on commodities, and the significance of treasuries and interest rates. Mike also addresses concerns about stagflation and deflation, trends in cryptocurrency, and provides an analysis of the crude oil market. He emphasizes the importance of monitoring key signals for 2026 and the overall resilience of the stock market until now.KEY TAKEWAYS• The Bloomberg Commodity Index is up the same as the S&P 500.• We're overdue for a normal correction in the stock market.• Gold is currently 90% above its 60-month moving average.• The US stock market is at an all-time high versus GDP.• Volatility is expected to increase in the coming year.• Silver and copper are influenced by electrification and AI.• Treasuries are a good investment as interest rates drop.• Liquidity is drying up in the market due to various factors.• Stagflation and deflation are realistic scenarios for the US economy.• Cryptocurrency trends indicate a potential downturn. ABOUT THE GUESTMike McGlone is a Senior Commodity Strategist for Bloomberg Intelligence and specializes in the broad investible commodity markets, authoring the monthly Bloomberg Commodity Outlook. Mike joined Bloomberg in 2016 with over 25 years of futures and commodity trading and investing experience, beginning at the Chicago Board of Trade. Prior to that he was head of U.S. research at ETF Securities. His other roles included head of commodity business at S&P Indices, futures research at ABN Amro and VP research, analyst, trader, sales at Aubrey G. Lanston IBJ Futures.Mike has an MBA from DePaul University in Chicago and Bachelors of science and arts degrees from Illinois State University. He is a CFA Charter holder and has earned a Financial Risk Manager (FRM) designation.GUEST LINKS: X: https://x.com/mikemcglone11LinkedIn: linkedin.com/in/mike-mcglone-a8442513Guest’s Book Recommendations: 1. At War with Ourselves: https://amzn.to/42mVEJu2. Boom and Bust: https://amzn.to/4nMvKY73. The Price of Time: https://amzn.to/4n1cfKo4. Chokepoints: https://amzn.to/4nY9YQW5. Daylight Robbery: https://amzn.to/42XAIZC6. The Price of Tomorrow: https://amzn.to/42NZxaDABOUT THE HOSTFarzin Irani is a global wealth strategist with over 20+ years of cross-border experience, empowering high-net-worth individuals, entrepreneurs, and family offices to navigate uncertainty with clarity and confidence. His advisory work centres on wealth preservation and intergenerational resilience, ensuring decisions made today stand the test of time.As Managing Director of Success Simplified Ltd he is regularly interviewed on New Zealand’s ‘Money Talks’ segment on Reality Check Radio (RCR).Whether it’s on stage at financial industry events or in international boardrooms, he sparks fresh ideas and challenges groupthink, whilst guiding C-suite leaders and executives in making bespoke investment decisions and capital deployment strategies for the future.HOST LINKSFind him here: https://linktr.ee/farziniraniBusiness Website (Success Simplified Ltd): www.successsimplified.life‘Money Talks’ Interviews on RCR: https://rcr.media/explore/?feature=202Host Book Recommendations: https://successsimplified.life/media-resources/Mike McGlone, Bloomberg, Commodities Index, Gold, Silver, Copper, Iron ore, Crude oil, Federal Reserve, Bitcoin, deflation, inflation, stagflation, war, commodities, economic cycles, geopolitical tensions, market predictions, global economy, US dollar, tariffs, Stablecoins, Donald Trump, US President, US elections, Mid-terms, Real estate, Govt Bonds, US Treasuries, Markets, Shares, market predictions, US economy, cryptocurrency.