Michael Pento | TalkMarkets | Page 13
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

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The Davos Confetti Club
The Keynesian elite gathered in Davos Switzerland this past week to pontificate on global economic issues and to strategize the engineering of The Fourth Industrial Revolution...
This Is Not 2008: It’s Actually Worse
The S&P 500 has begun 2016 with its worst performance ever. This has prompted Wall Street apologists to come out in full force and try to explain why the chaos in global currencies and equities will not be a repeat of 2008.
Junk Rhymes With Subprime
The most important take away from the Great Recession was that the blowup in sub-prime eventually exposed the bubble in real estate and the banking system as a whole.
Predictions For 2016
2015 was a year where nearly every asset class failed to provide any returns at all. If fact, the S&P 500 hasn’t gone anywhere in about the past 400 days.
Ten Investor Warning Signs For 2016
Wall Street’s proclivity to create serial equity bubbles off the back of cheap credit has once again set up the middle class for disaster.
Don’t Sell Your Gold Because Of Draghi
Draghi’s efforts to crush the euro have somehow been taken by Wall Street as a great opportunity to sell gold. Why does it feel as appropriate to sell gold simply because of Draghi’s obsession with creating inflation and destroying the euro?
The Success Of Irish Austerity: The Joke Is On Krugman
In response to the economic crisis the Irish people and elected officials did something few countries are willing to do: they embraced fiscal austerity.
How The Great Depression 2.0 Will Soon Unfold
Those who place their faith in a sustainable economic recovery emanating through government fiat will soon be shocked.
U.S. Manufacturing Renaissance Turns Into The Dark Ages
The October ISM Manufacturing Index, which has been the official barometer of the U.S. manufacturing sector since 1915, came in with a reading of just 50.1. This was a level barely above contraction.
Global Fiscal And Monetary Madness
Central banks will soon resort to completely circumnavigating the banking system and directly force credit onto the public sector but that still won’t lead to economic nirvana…
Fed Headed Into Inflation Overdrive
The Fed just can’t seem to grasp why its newly minted $3.5 trillion since 2008 hasn’t filtered through the economy. But this is simply because debt-disabled consumers were never allowed to deleverage and markets were never allowed to fully clear.
Tea Party Is Drinking Too Much Decaf
The U.S. government's total revenue is projected to be $3.525 trillion for Fiscal Year 2016, this will only pay for 88% of spending, creating an estimated $474 billion deficit...
One Step Back From The Ledge
The real danger is that the higher asset prices get pushed by central banks and governments with fiscal and monetary stimuli, the more precariously they become perched high on top of a hollow economic foundation.
Jobs Report Moves Fed One Step Closer To QE IV
The September Non-Farm Payroll Report came in with a net increase of just 142k jobs. The unemployment rate held steady at 5.1% and the labor force participation rate dropped to the October 1977 low of 62.4%.
In Defense Of Gold
There has been an unprecedented attack on gold and mining shares over the past three years emanating from financial institutions in order to support the government’s supposed success in bringing the economy back to health.
Bear Markets, Recessions And The Bewildered Fed
A popular Wall Street myth is that bear markets are caused by recessions. The contention is as long as the economy isn’t in a recession stock prices won’t drop by more than 20 percent.
193 to 208 of 269 Posts
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