Michael Pento | TalkMarkets | Page 14
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

Articles

Latest Posts
209 to 224 of 269 Posts
<<< 1 ... 12 13 14 15 16 17 >>>
One And Done Fed Is A Wall Street Fantasy
One of the current myths promulgated by Wall Street is that the Federal Reserve will raise rates once this year, breathe a sigh of relief, and be done until the “12th of never”.
7 Reasons The Bear Market Has Just Begun
Stocks that were hated in 2009 are now unconditionally loved. This is clearly evidenced by margin debt which recently reached an all-time high.
Stock Market Calls Fed’s Bluff
As the Fed nears its proposed first rate hike in nine years the stock market is becoming frantic. The Fed normally raises rates when inflation is becoming intractable and robust growth is sending long-term rates spiking.
Clear Conclusions Concerning QE
Time has provided three clear and indisputable conclusions about QE: QE pumps stocks to levels that are completely disconnected from the underlying fundamentals of an economy.
Ignore The Commodity Message At Your Own Peril
The Thompson Reuters/Jefferies CRB Index (CRB) is back down to the panic lows of early 2009. For those who think the CRB Index says nothing about global growth…invest accordingly at your own peril.
The Real Message Of Plunging Commodities
The Chinese stock market recently saw its biggest selloff in 8 years as the dramatic 8.5% fall in Shanghai.
How To Identify A Classic Bubble
One of the most ironic and fascinating characteristics about an asset bubble is that central banks claim they can’t recognize one until after it bursts.
The Extinction Of Markets
China's four-week-long stock market rout wiped out nearly 30% off the Shanghai Composite Index since its highs of June.
The Potemkin Bank Of China
In the midst of an intense global economic slowdown that began in 2008, China’s economy amazingly appeared to be unaffected. Defying the world-wide real estate collapse, China’s GDP grew by an impressive 8.7% in 2009.
Greece And Puerto Rico: Previews Of Coming Attractions
And as the rest of the world gawks at Greece and Puerto Rico’s economic misfortunes, what they fail to realize is that China, Japan, Europe and the United States aren’t that much different.
Bubbles Never Pop Painlessly
If the Fed raises rates in the manner in which the dot plots currently suggest it will quickly burst the bubbles already created in the real estate, stock and bond markets.
Rates Are Rising For All The Wrong Reasons
Wall Street carnival barkers are relishing in the fantasy that the economy has finally achieved escape velocity. Therefore, they accept with alacrity that this is the primary reason why interest rates have started to rise.
Why The Fed Is Afraid To Raise Interest Rates
Even though the major stock market averages are flat for the first six months of the year, by nearly every measure the stock market is still extremely overvalued.
Bernanke Is Still Bubble Blind
Bernanke stated that the markets will cheer the Fed’s first rate hike in 9 years; but the truth may be vastly different.
Bond Bubble Bust Won’t Cause Great Rotation
For the first time in its country’s history, Portugal sold 6 month T-bills at a negative yield. The 300 million euros ($333 million) worth of bills due in November 2015 sold at an average yield of minus 0.002%.
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.
209 to 224 of 269 Posts
<<< 1 ... 12 13 14 15 16 17 >>>