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Peter Berezin, Chief Global Strategist and Director of Research at BCA Research, warns that stock markets are walking a tightrope with AI investments potentially creating a bubble, and investors should prepare for a downturn by moving into defensive positions and gold while watching for rising layoffs as a recession signal. Watch Peter’s last interview with David: • Another 20% Market Crash, Recession This S... *This video was recorded on October 28, 2025. Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW PETER BEREZIN: BCA Research: https://www.bcaresearch.com Linked-In: / peter-berezin-1289b87 X (@PeterBerezinBCA): https://x.com/PeterBerezinBCA FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): / davidlin_tv Instagram (@davidlin_TV): / 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. 0:42- Economic “tightrope” and S&P growth 3:16 - Bond markets, debt, and dot-com bubble comparison 8:14 - AI, productivity, and impact on markets 12:18 - Revised S&P outlook, allocations, and labor market 15:39 - The Fed, Recession, and inflation outlook 20:08 - Gold price surge, and market outlook 25:07 - Allocations and sectors Peter likes 28:07 - FOMC expectations #investing #economy #gold