Michael Pento of Pento Portfolio Strategies joins me for a tremendous interview on what he sees as pending doom in the stock market and why he believes we're in for a bout of stagflation that will ...
When the market cap of equities reaches 183% of GDP and gov't bonds yield near 0%, or even less overseas, the notion that one can just buy and hold a balanced portfolio is extremely dangerous. The ...
Inflation is supposedly on its way to falling gently back to 2% like a fluffy snowflake while the US economy roars ahead. Or at least that is what the deep state of Wall Street needs you to ...
Each of the last five years Wall Street pundits have predicted, and our government has promised, that a second half recovery in the economy will occur. Since 2009, they have come up with different ...
According to the Bureau of Labor Statistics (BLS), there were 151,000 net new jobs created in the month of January, and the unemployment rate fell to 4.9%. The continuing increase in new job creation ...
In the world of fiat currencies, 2014 was the best of times and the worst of times. On the one hand, we had Japan’s Shinzo Abe and his Keynesian cohorts, who have relentlessly devalued the Yen with ...
Why we Americans ever abdicated our financial freedom to a group of 12 unelected individuals who sit on the Federal Open Market Committee, is beyond me. That being said, we are stuck with a system ...