The Real Story with Michelle Makori

Double-Digit Inflation Risk Surges… 30% Market Drop by September | Larry McDonald & Michelle Makori

April 24, 2026·1h 1m
Episode Description from the Publisher

Michelle Makori, President & Editor-in-Chief, Miles Franklin Media, sits down with Larry McDonald, Founder of The Bear Traps Report and New York Times bestselling author.McDonald warns that a major inflation shock may be building beneath the surface, driven by prolonged disruptions in global energy flows, massive fiscal spending, and structural imbalances in the system. He outlines why the probability of inflation surging back to 4-7% is rising and why there is now a meaningful risk of double-digit inflation in the U.S.McDonald also breaks down why markets may be dangerously complacent, calling for a potential 20-30% drawdown in equities by September. He explains how the Federal Reserve is increasingly constrained by a $39 trillion debt burden, why financial repression may be the only path forward, and what that means for investors.Beyond inflation and the Fed, McDonald highlights another major risk that markets may not be pricing in – rising tensions with China, including concerns over intellectual property and the global AI race, which could have significant implications for Big Tech and the broader market.In this episode of The Real Story with Michelle Makori:- Why the risk of runaway inflation is rising- The growing probability of double-digit inflation in the U.S.- Why markets may be driven by positioning, not fundamentals- A potential 20-30% market drawdown by September- The Fed’s dilemma and the impact of $39 trillion in U.S. debt- What “financial repression” means for your portfolio- The China risk markets may be underestimating- Why Big Tech and AI investments could face new pressure- The case for hard assets, commodities, and gold___________________Miles Franklin:📞 Call us: 1-952-929-7006📧 Email us: info@milesfranklin.com🔗 Website: https://milesfranklin.com/▶️ YouTube: https://www.youtube.com/@MilesFranklinMedia 📱 X: https://x.com/MilesFranklinCo 📸 Instagram: https://www.instagram.com/milesfranklinmedia/ 💼 LinkedIn: https://www.linkedin.com/company/miles-franklin-media/ 📘 Facebook: http://fb.com/MilesFranklinCo 📩 For media inquiries, contact: media@milesfranklin.com📺 About Miles Franklin MediaJoin Miles Franklin Media for unfiltered financial and economic news and insights. Through expert interviews and real market intelligence, we cut through the noise and challenge the mainstream narrative. Anchored in the principles of sound money, we uncover the truth about money, markets, macroeconomics, geopolitics, and power – delivering credible insights to help you protect your wealth, future, and freedom.🏦 About Miles FranklinMiles Franklin is a trusted leader in wealth preservation, with over $11 billion in precious metals sales since 1989. Specializing in gold and silver, we help clients safeguard their wealth with real assets that stand the test of time.___________________Disclaimer: The views and opinions expressed in this video are those of the individual speakers and do not necessarily reflect the views of Miles Franklin Precious Metals, its affiliates, owners, anchors, producers or hosts. This content is provided for informational and educational purposes only and is not intended as financial, legal, or investment advice. Nothing said in this video should be construed as a recommendation to buy or sell any financial asset. You should always consult with a qualified financial advisor, legal professional, or tax expert before making any investment decisions. Investing involves risk, including the potential loss of principal.By watching this video, you agree that neither the hosts, guests, nor Miles Franklin Media are responsible for any investment decisions you make based on the information presented. Use of this content is at your own risk.

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