“The Great ASSET BUBBLE About To Burst” – Michael Pento

“The Great ASSET BUBBLE About To Burst” – MICHAEL PENTO

Michael Pento, president and founder of Pento Portfolio Strategies (PPS) delivers a stark warning about the state of financial markets. Pento challenges Fed Chair Powell’s recent victory lap on inflation, pointing out that prices have remained above the Fed’s 2% target for nearly four years. He outlines his thesis for what he calls a “triumvirate of bubbles” in equities, real estate, and credit markets, explaining why these interconnected asset bubbles could lead to a market correction of at least 50%.

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CREDIT:
Michael Pento Twitter
https://twitter.com/michaelpento
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