Michael Pento Blog | Talkmarkets | Page 1
President and Founder of Pento Portfolio Strategies
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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.

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Trampoline Cliff Diving
The ratio of downgrades to upgrades in the credit ratings of leveraged loans has spiked to a record level, five times above that hit during the last global financial crisis, reflecting the unprecedented stress in risky assets due to the pandemic.
Intractable Inflation
The Fed mistakenly believes it can control the rate of inflation with relative ease.
Why The US Dollar Price Of Gold Has Stalled
The sad truth is that few people really know very much about gold, especially when it comes to investing in the metal.
Fed Now Owns All Markets
Since the Great Recession hit in 2008, central banks have been in the business of keeping insolvent governments from defaulting through the process of pegging borrowing costs near zero.
Money Printing Is The New Mother's Milk Of Stocks
The stock market has already priced in a "V" shaped recovery in the economy, but the rebound will most likely be of the insipid variety.
Inflationary And Insolvency Implosion Of The Bond Market
We are all praying for the Wuhan virus to die. But there is something the virus can actually “cure” itself: deflation.
“V” Shaped Recovery Will Need Viagra
The soaring amount of distressed debt is simply reflecting the economic plunge taking place right now.
Debt Be Damned
The U.S. National Debt is about to surge like never before, along with the rest of the entire planet’s gigantic pile of sovereign IOUs.
Fed's Real Mandate: Ever Expanding Asset Bubbles
After years of manipulating interest rates lower, the Fed now must do everything in its power to make sure borrowing costs never rise, asset prices never go down, and the massive pile of US debt never sees a recession.
Permanently Addicted To Zero
An economy that must lug along this tremendous debt burden encumbers its ability to grow. The Fed believes the only way to keep the credit markets open and keep the economy growing is by constantly lowering borrowing costs.
EC Coronavirus Cure: Print More Money
A few days ago the market was crashing on Coronavirus fears. But recently, the market has soared back based upon the hopes of a vaccine and some better than expected economic data in the US.
EC Trillion-Dollar Market Cap Club
There are a handful of stocks in which institutions and individual investors have recently piled into. This behavior is emblematic of all bull markets once they begin to hit the manic phase.
EC Stocks Rise As Zombie Companies Proliferate
Share prices on the major US exchanges are hitting all-time highs at the same time that both the number and percentage of companies that do not make any money at all are rising.
Playing Taps For The Middle Class
It is not at all a mystery as to the cause of the wealth gap that exists between the very rich and the poor. Central bankers are the primary cause of this chasm that is eroding the foundation of the global middle class.
Farewell Paul Volcker Hello Monetary Madness
To this point, the U.S. budget deficit for the month of November was $209 billion and is running a deficit of $343 billion for just the first two months of fiscal 2020.
Economic Tribulation Is Coming, And Here Is Why
The global fixed income market has reached such a manic state that junk bond yields now trade at a much lower rate than where investment-grade debt once stood.
1 to 16 of 213 Posts
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