The David Lin Report · Tuesday, August 4, 2026
Todd Horwitz, founder of Bubble Trading.com, warns of an impending 'major meltdown' in the markets. He notes that the Japanese Yen was bailed out by the US government for the first time since 1998, causing the Yen to soar. Horwitz attributes the market's instability to extreme volatility and light trading volumes.
“There's a major meltdown coming.”
“Uh, we see something happening in Japan. You mentioned the opening. That could be the start of a crisis.”
“The Yen was bailed out by the US government for the first time since 1998, since the Asian financial crisis. So the Yen soared on the day.”