Buy hard assets like gold ahead of a potential bond market panic, says Bear Traps' Larry McDonald
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2025
0mins
Source: CNBC
Government Debt Impact: The potential issuance of over $1 trillion in new government debt could lead to a shift from bonds to commodities as safer investments, with estimates suggesting $1.5 trillion in new debt by February, which is significantly higher than last year.
Investment Strategy Shift: Larry McDonald proposes a revised investment strategy that allocates more towards commodities, suggesting a portfolio adjustment to 30% bonds, 30% stocks, 30% commodities, and 10% cash, while noting the availability of ETFs for individual investors to gain exposure to hard assets.
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Analyst Views on MCD
Wall Street analysts forecast MCD stock price to rise
23 Analyst Rating
12 Buy
11 Hold
0 Sell
Moderate Buy
Current: 301.840
Low
300.00
Averages
337.63
High
375.00
Current: 301.840
Low
300.00
Averages
337.63
High
375.00
About MCD
McDonald's Corporation is a global foodservice retailer. Its segment includes U.S., International Operated Markets, and International Developmental Licensed Markets & Corporate. The U.S. segment is its largest market and is 95% franchised. The International Operated Markets segment comprises markets or countries in which it operates and franchises restaurants, including Australia, Canada, France, Germany, Italy, Poland, Spain, and the United Kingdom. This segment is 89% franchised. The International Developmental Licensed Markets & Corporate segment comprises development licensee and affiliate markets, including equity method investments in China and Japan. This segment is 99% franchised. Its menu features hamburgers and cheeseburgers, the Big Mac, the Quarter Pounder with Cheese, the Filet-O-Fish, and several chicken sandwiches, such as the McChicken and McCrispy as well as Chicken McNuggets, Fries, shakes, sundaes, cookies, soft drinks, coffee, and other beverages.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Intensifying Market Competition: While these three companies operate in distinct niches, they are all gaining market share in their respective fields, reflecting a rising consumer demand for diverse retail experiences, which may lead to increased competition in the future.
See More
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- Shift to Luxury Perception: A recent Lending Tree survey indicates that 78% of consumers now view fast food as a luxury, particularly among those earning less than $30,000 annually, where 71% share this sentiment, highlighting the economic pressures reshaping consumer perceptions.
- Changing Consumer Choices: While 67% of respondents believe fast food should be cheaper than home-cooked meals, 75% report that it is not, with 46% stating fast food prices are comparable to local sit-down restaurants, indicating a crisis in value perception within the fast food industry.
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