Michael Pento: Revenge Of The REAL Economy

By Herman James / March 16, 2022 / marketsanity.com / Article Link

Liberty and Finance, Released on 3/16/22 (Recorded on 3/14/22)

The stark reality of our economic and financial plight is becoming more and more apparent. Regardless of what the Fed does, the economy sinks. "The economy is already rapidly deteriorating," says portfolio manager Michael Pento. "This is the revenge of the real economy," he says.

0:00 Intro1:08 Economic growth6:37 Fed policy13:55 No melt-up15:44 Questioning18:24 CBDCs22:39 Real assets26:00 Pento Portfolio Strategies26:16 Miles Franklin

Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He is the author of The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.

Michael Pento: Revenge Of The REAL Economy added by Herman James on 03/15/2022View all posts by Herman James ?+'

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok