Mike McGlone: The risk of a pullback in assets like Bitcoin after their surge may continue until the end of the year.
Mike McGlone, senior commodities strategist at Bloomberg Intelligence, stated that since 2026, assets such as U.S. natural gas, Bitcoin, gold, silver, platinum, palladium, lead, nickel, and iron ore have all experienced a pattern of initial gains followed by declines. This trend may continue until the end of the year, and the U.S. stock market needs to maintain resilience to prevent the risk of a market downturn from spreading. (Source: Bloomberg)