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