-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

Direct download: Michael_Pento_16.May.22.mp3
Category:general -- posted at: 8:01am EDT

-The past few days on Wall Street have been brutal, but this has been in store for months
-There are disruptions to the supply chain and lower standards of living in many countries
-His new book, The Money Revolution, took him 4 years to finish; he re-wrote certain chapters and added other ones in the process of seeing how things panned out
-The book talks about the history of money, the history of credit, and the lessons we can learn from these histories to make policy recommendations
-With creditism, the growth dynamic in our economy is based on credit creation; it must have credit growth to survive
-We discuss “the future” and why a large-scale Investment Program is urgently required
-Every generation is responsible for solving the problems it creates/inherits

Useful Links:
Financial Survival Network
Richard Duncan

Direct download: Richard_Duncan_13.May.22.mp3
Category:general -- posted at: 8:00am EDT






May 2022
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31