Michael Pento: Stocks To Fall 30-60% Until A True Fed Pivot Happens
Episode description
A year ago when today's expert appeared on this channel, he warned of an approaching bear market & economic deceleration.
Specifically, he predicted these would be caused by the simultaneous shutoff of the $trilions of government stimulus issued in the year following the global pandemic -- the largest monetary & fiscal cliffs in history.
Fast forward to today & well, his outlook was right on the money.
So what does he see in store as we head into next year? To find out, we're fortunate to welcome macro analyst & money manager Michael Pento back to the program.
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