Michael Pento | TalkMarkets | Page 15
President and Founder of Pento Portfolio Strategies
Phone: 732-772-9500
Michael Pento is the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm that provides money management services and research for individual and institutional clients. Michael is a well-established ...more

All Contributions

Latest Posts
225 to 240 of 270 Posts
<<< 1 ... 13 14 15 16 17 >>>
Adjustable Government Data
At the beginning of every quarter Wall Street places its overly optimistic GDP forecasts on parade. And by the end of the quarter, those same carnival barkers line up a myriad of excuses as to why the numbers fell short.
Bond Bubble Will Explode Violently
Central banks are incapable of saving economies or creating growth. The only thing a central bank can do is create inflation.
Obamacare Caused The Gas Tax Cut To Go Up In Flames
With first quarter GDP now running negative, it is clear this “gas tax” did not have the simulative effect analysts had hoped for.
The Collapse Of Cash
Despite all of the central bank manipulations over the past seven years, it is finally becoming clear economies will not be able to achieve escape velocity.
Let’s Blame The Savers
Over the past seven years the Federal Reserve printed $3.7 trillion with the hopes of spurring economic growth. But ask yourself, who did this money actually go to?
The Spread Between Stock Prices And GDP Is Blowing Out
On a fundamental basis stock prices are reflective of both economic and earnings growth. When growth is strong, stock prices should increase in value.
3 Daggers For This Equity Bubble
The recent stock market volatility has caused the major averages to lose nearly all their gains for 2015. However, it is clear stock prices are still extremely overvalued by virtually every metric, especially when viewed in the absence of GDP and earnings growth.
Yellen Runs Out Of Patience, But Not Excuses
The Fed removed the word Patience from its statement made following the FOMC meeting that concluded on Wednesday. But, taking out that one word proved to be mostly irrelevant.
Beware Of The Inverted Yield Curve!
The yield curve graph depicts the slope of sovereign bond yields across all maturities
The Grand Deception Continues
The current picture of economic growth in the United States is undergoing a similar debate. During the second and third quarters of 2014, Wall Street popped champagne corks because the average of the two periods displayed 4.8 percent economic growth.
Party Like It’s 2015
Today, even as most Americans are still suffering the ill effects brought forth by all the aforementioned partying, the festivities on Wall Street’s trading floors have reached its apogee.
Great Recession Redux
Quantitative easing and zero percent interest rates have the ability to provide GDP growth that is merely illusory and ephemeral.
Austerity Is Now Extinct
Greece has swung from a hefty deficit, which drove the 10-year Note to 40% in 2012, to now displaying a small primary surplus, equal to 2.7% of GDP.
Yellen: Looking For Inflation In All The Wrong Places
There is no relationship between unemployment and the overall rate of inflation. Inflation is solely a monetary event. It is my view that inflation is caused by a persistent fall in the purchasing power of a currency.
Say Goodbye To The “Strong Dollar Policy”
It is absurd to believe that the inhabitants of the Eccles building in D.C. promote a strong dollar policy. Printing $3.8 trillion dollars and keeping interest rates at zero percent for going on the seventh year can hardly be confused with a hard-currency regime.
Why QE In Europe Will Fail
Much like in the U.S. and Japan, Europeans will find that monetizing debt will do little in the way of engendering growth; but will be remarkably successful in destroying the purchasing power of the middle class.
225 to 240 of 270 Posts
<<< 1 ... 13 14 15 16 17 >>>