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Kerry Lutz's--Financial Survival Network


May 17, 2022

Highlights:
-Michael Pento comes on the show to give us some insight regarding the Fed’s next move
-Everyone who was confident in January is now calling a bottom
-The market is going to bottom when the Fed changes their mind and stops trying to fight inflation
-Failure is getting rewarded rather than punished
-The Fed is still on course to hike interest rates 50 points in June and July
-Any high beta stock is going to suffer
-The decrease of growth creates a bad environment to own stocks that have little revenue
-Michael Pento is not ruling out the fact that Q2 could be negative

Useful Links:
Financial Survival Network
Pento Portfolio Strategies