“It’s Getting WORSE And WORSE…” – Michael Pento
Michael Pento updates on the macroeconomic landscape—and where he’s putting capital right now. He covers the inflation illusion, why the Fed is cornered, and what could spark the next major market correction. Pento walks us through his current portfolio allocation, including a surprising bet and breaks down why he’s actively avoiding Bitcoin despite its rally.
Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
CREDIT:
Michael Pento Twitter
https://twitter.com/michaelpento
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👉 ABOUT THIS CHANNEL :
If you’re new to this channel then I want to welcome you to “LifeWorthLiving”. This channel is all about Economy, Finance, News, business and money. We try our best to create and deliver the best financial educational videos to help many people better understand the current economy and the financial system through many experts in this area
If you’re looking to become a better investor, entrepreneur, or simply financially smarter in today’s changing economy, our channel is for you.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
#Inflation #stockmarket #deflation #economy #MarketCrash
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🎦 Video footage and Background music:
all video footage and background music used is either licensed through CC-BY or from Storyblocks.
🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
CONTACT :
e-mail: LifeWorthLivings@yahoo.com
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.
-This video has no negative impact on the original works (It would actually be positive for them)
-This video is also for teaching purposes.
-It is not transformative in nature.
-We’ve only used bits and pieces of videos to get the point across where necessary.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👉 FINANCIAL DISCLAIMER
This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action.
🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel. Anything displayed on this channel should not be seen as financial advice. Each person has a unique experience, and there is no guarantee of future profitability or success.
source
31 Comments
Deflation ain’t gonna happen. The scamdemic was the most deflationary event possible and nothing happened
Travel can be so cheap. Look at airfares the first week of december. So cheap. And stay at a comfort INN near an Airport? $100.00 a night with free breakfast.
At 0:55 this guy is wrong where he says 60% of the population has a net worth less than $1,000. That's bs. Here's what Google AI says:
Approximately 10% of U.S. households have a net worth of $1,000 or less, as a 2022 Federal Reserve Bank of Richmond analysis of the Survey of Consumer Finances showed the 10th percentile of household wealth was only $1. Other surveys indicate a higher percentage of Americans have a net worth of $0 or less, with one survey estimating 25% of Americans in this category.
I purchase a fairly consistent set of grocery items per month and can clearly see from my local grocery chain an across the board 20% increase in all products. It is clear the U.S. economy is in trouble.
YES!!!! finally someone calls out the 2.7 percent b.s.!!! we never even got to the target rate and now we cut rates? Jobs numbers are not that bad historically. We need wages to go up up up without a wage price spiral! no idea how to fix the middle class though. drastic de-regulation for housing. restructure car insurance company mandates.
The only people that benefits from rate cuts are trump, his billionaire friends and investors because they will buy up cheap everything the middle class and poor people are going to lose. You should thank Powell for fighting against your corrupt convicted felon’s cult leader bully, he even tried to fire him or bully him to resign. Trump is a disgusting con artist
Gold is the "canary in the coal mine". Something is going on. I think we are near the end of "paper money".
The playbook is that you need to educate yourself.!!🇦🇺🇦🇺🇦🇺🥵
Your poverty in the streets has been there even through last administration!!!🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺
If you talk to well educated economists you will find Trump is doing exactly what they would do!! Stop winging and suck it up. It’s not forever!!!🇦🇺🇦🇺🇦🇺🇦🇺
Well mate
This is happening all over the world!!!🌎 🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺
15% cuts and taxes on everything.
Tariffs are going to cause a recession. The best and simplest thing to do is a 15% cut on everything, including Social Security and defense. Plus, a 15% increase in taxes on everyone. Start producing policies that stop the housing bubble. Equity bubble is being caused by bitcoin which is creating money.
Rent,real estate, vehicles, health insurance, etc is inflated beyond belief
You voted for this.
In your portfolio, you need both litecoin and bitcoin as money and investment. The rarity of litecoin means that only 84 million litecoins will exist. As the second oldest coin on the market, litecoin from its inception in 2011 was designed to be the "digital silver money" to bitcoin the "digital gold investment". LTC fungibility combined with the upcoming litecoin ETF, Lightning Network and the enhanced privacy of its MimbleWimble (MWB) protocol make LTC an especially congenial means of payment for secured financial transactions and the store of value. Litecoin serves as a building block towards the vital task of the dedollarization of the world.
Gold should double, Platinum should quadruple and Silver should 10X!
Pento voted for trump ….Good bye
Smoke & mirrors economy
Just when I thought Pento was making logical arguments, he says he voted for Trump. FFS.
Hey Mike, take a look at the real world and notice that fact that the USA is being dismantled by accelerating global heating. Flush all these economic indicators which will become meaningless – maybe think about moving toward the poles, like Peter Theil.
who's that woman at 1:20 ??????…She's Hired..!!!!
Who did the video on this?….
Nothing but woke interracial couples.
1:18
Assets indeed! 🍑🤩
Do you think things would be better if Kamala Harris was President ?
Nothing is gonna collapse. Just chill.
Never Scratch Dry Sh!t Jerome Powell is all I can say! 💰💵💩
Sovereign default beckons.
Your President is an incompetent pedophile.😮
I've just started learning about value investing. Also investing in S&P 500, I've found that many good stocks are undervalued despite their intrinsic value. If you had $100,000 to create a strong investment portfolio, which stocks would you choose for better returns???
One of the things that will happen during the Great Tribulation is world-wide economic collapse, engineered by globalists to establish 1 world order for the Antichrist. And now we are witnessing the early tide of the tsunami. It will only get worse and worse very rapidly. Yes, we need to prepare for the hard times coming! May God have mercy and help us ! Amen !
68% tbills, 10% US stocks, 5% foreign stocks. where’s the other 17%? a “small short position”, but the rest? cash? gold? platinum?