Market Warning: ‘Topping Phase’ Reached Says Cycle | Richard Smith

Video Description

Remove your personal information from the web at https://joindeleteme.com/DAVIDLIN, use code DAVIDLIN for 20% off Dr. Richard Smith, Chairman of the Board and Executive Director at the Foundation for the Study of Cycles, argues that historical economic cycles indicate the US faces rising interest rates, persistent inflation, and potential dollar instability due to record debt levels. *This video was recorded on September 29, 2025. Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW RICHARD SMITH: X (@studyofcycles): https://x.com/studyofcycles YouTube: https://www.youtube.com/@FSCtv Newsletter: https://cycles.org/free-newsletter/ Foundation For The Study Of Cycles website: https://cycles.org/ FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at [email protected] *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro. 1:22 - Foundation For The Study of Cycles 3:06 - Why economic cycles happen and relationship to patterns 4:24 - $37 Trillion debt and the historical context 9:10 - 10-year treasury yields, CPI, and inflation cycle 12:12 - Impact on stock markets and risk assets, S&P 500 cycle 16:04 - Cycle timing vs. Magnitude and what happens next 18:30 - GDP growth vs. Debt growth debate 20:04 - The future of the US dollar and treasuries 23:52 - Long term cycles and overrides 27:10 - China-US decoupling, treasury demand, return to gold standard 29:19 - Bitcoin cycle analysis #investing #cycles #economy