Mar 23, 2022
Summary:
We’re experiencing a peculiar rally at the moment, and Michael
Pento comes on the show to give more insight on what’s happening
with the rate hikes, and why we’re seeing this rally. In the past,
the stock market has gone up significantly when the Fed hikes
interest rates for the first time. Additionally, we’re seeing
bubbles in every market, and the stock market could go higher if
the Fed reverses its policy—driving our economy into QE unlimited.
Tune in for more on what’s to come.
Highlights:
-There are 8 more rate hikes ahead, but any news is good news when
it comes to Wall Street
-This rally is happening because in the past, the first time the
Fed has hiked interest rates, the stock market has gone up
significantly
-This rate hiking cycle is unique
-The Fed is now tightening into a slow down in global
growth—particularly US growth
-The Fed can’t hike more than one or two times before they invert
the yield curve
-They plan to do quantitative tightening as well
-Digital currency could also serve as a tool for inflationary
measures
-If the base money supply never grew more than 2% per annum, the
situation would look a lot different
-There are bubbles in every market
-The stock market will only go higher if the Fed reverses its
policy and we go into QE unlimited
Useful Links:
Financial Survival Network
Pento Portfolio Strategies