#420 Larry McDonald: The Market Has Already Crashed. The Index Just Hasn’t Noticed

Podcast: The Julia La Roche Show · Julia La Roche

Opublikowano: 2026-10-15

New York Times’ bestselling author Larry McDonald, founder of The Bear Traps Report, returns to The Julia La Roche Show to explain why he believes the market’s surface strength hides serious stress underneath. He points to cracks in AI data center financing: canceled data center IPOs, collapsing CoreWeave bond prices, and a surge in convertible bond issuance from neoclouds, which he calls the “last saloon” warning sign last seen in 1999 and 2021. With consumers hit by higher rates, soaring diesel and jet fuel costs, and iconic brands like Nike, Home Depot and McDonald’s down sharply, McDonald argues the Fed is “fa...