Michael Pento: Fed Rate Hike Fairytales

Financial Survival Network, Released on 3/22/22

We're experiencing a peculiar rally at the moment, and Michael Pento comes on the show to give more insight on what's happening with the rate hikes, and why we're seeing this rally. In the past, the stock market has gone up significantly when the Fed hikes interest rates for the first time. Additionally, we're seeing bubbles in every market, and the stock market could go higher if the Fed reverses its policy-driving our economy into QE unlimited. Tune in for more on what's to come.

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: Fed Rate Hike Fairytales added by Herman James on 03/22/2022View all posts by Herman James ?+'