FISCAL AND MONETARY CLIFFS HAVE ARRIVED

FISCAL AND MONETARY CLIFFS HAVE ARRIVED

According to Doug Ramsey of the Leuthold Group, 334 companies trading on the New York Stock Exchange recently hit a 52-week low, more than double the amount that marked new one-year highs. That’s happened only three other times in history — all of them occurring in...
FED KILLS THE ECONOMY BY 2022 – Michael Pento

FED KILLS THE ECONOMY BY 2022 – Michael Pento

Money manager and economist Michael Pento warns to keep your eyes on the Fed.  It will be responsible for the next market crash coming this year or next.  Just look what happened after the most recent Fed meeting last week. Pento says, “After the June FOMC meeting,...
Get Ready for Stagflation & Greater Depression

Get Ready for Stagflation & Greater Depression

What does the “Greater Depression” look like? Pento says, “Get ready for stagflation, and that’s what I call the ‘Greater Depression.’ That’s when the real chaos begins. . . . You can make an argument that the Fed can fight deflation because it can continue to prop up...
The Fed’s Slippery Slope

The Fed’s Slippery Slope

We can all be very confident that there will be no change to monetary policy for a very, very long time. But there is a fiscal cliff coming—and indeed has already begun.  It is clear that Mr. Powell is all-in on his unlimited QE and ZIRP. And, that he is...
Michael Pento: Trillion-Dollar Stocks And The Coming ETF Disaster

Michael Pento: Trillion-Dollar Stocks And The Coming ETF Disaster

There are a handful of stocks in which institutions and individual investors have recently piled into. This behavior is emblematic of all bull markets once they begin to hit the manic phase. Wall Street falls in love with a few high-growth darlings and takes their...