Michael Pento: These Are The Assets You Want To Own For A Market Crash (Part 2/2)
Wealthion, Released on 8/12/22 (Recorded on 8/9/22)
For Part 1 of this interview, CLICK HERE
Money manager Michael Pento returns for Part 2 of this interview to share how he is currently positioning his firm's portfolio for the 40% market correction he sees coming ahead. Cash, US dollar, long-dated US Treasury bonds & shorts are what Michael calls "The 4 Horsemen" - the key assets you want to hold during a market crash. He's also has positions in gold and utilities at this moment, too.
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
Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the 'startup thing' (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he's a devoted husband and dad.
Michael Pento: These Are The Assets You Want To Own For A Market Crash (Part 2/2) added by Herman James on 08/11/2022View all posts by Herman James ?+'