Jan 21, 2022
Summary:
It looks as if the great taper is upon us, and the market is
starting to experience the predicted effects of this. Here to
debrief the messy times we’ve found ourselves in is Michael Pento,
who has been analyzing these trends for many years. Ultimately, the
Federal Reserve has no choice but to combat inflation, and any
approach inevitably contributes to the decline. Tune in for
more.
Highlights:
-The market believes the Fed; the great taper is upon us and the
market is experiencing its predicted effects
-With selling homes, you can essentially name your price and
successfully sell it. This is partially because we’ve had negative
interest rates for a long period of time
-Tesla, to the market, is what cryptocurrency is to Wall Street
-For a time, the Federal Reserve has no choice but to combat
inflation
-The Federal Reserve’s balance sheet has gone up tremendously
because of all the money printing
-They have to choose whether they want to destroy the economy with
inflation, or destroy it by melting down asset classes
-The way that the government deals with these crises always leads
to asset class implosions
-The second quarter of this year is only going to get rougher
Useful Links:
Financial Survival Network
Pento Portfolio Strategies
2022 Stock Crash & Metals Super
Rally | Michael Pento
Most Overvalued & Dangerous Market
in History | Michael Pento