Michael Pento | TalkMarkets | Page 1
President and Founder of Pento Portfolio Strategies
Phone: 732-772-9500
Michael Pento is the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm that provides money management services and research for individual and institutional clients.  Michael is a ...more

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Why Gold Is Headed Much Higher
What really drives the price of gold? Some say it's a fear gauge. Others prefer to look at the demand coming from the Indian wedding season. But the silliest of all conclusions to reach is that the dollar price of gold should be determined solely by its value vis-à-vis another fiat currency.
Japan’s Last Stand
The Japanese government is now partaking in a truly incredulous measure to expand its QE program in a desperate attempt to de-value its currency and re-inflate asset bubbles around the world. In other words, Japan is constructing its own version of a “last stand”.
Yellen Hands Off Printing Press To Japan
Japan has gone on a kamikaze mission to destroy its currency; announcing an escalation of its bond purchase rate to $750 billion per year.
Ebola Is The New Weather Excuse
The perennially-optimistic crowd on Wall Street never lets the truth get in the way of a good story. So whenever the stock market doesn’t move their way, they come up with a myriad of excuses to explain the fall.
A Funny Thing Happened On The Way To Raising Rates
Debt levels have increased to such a lofty level that zero percent interest rates are not enough to keep the current stock market bubble afloat.
Q3 Earnings Horror Show
The International Monetary Fund (IMF) has downgraded its global growth forecast for both this year and next, highlighting among other things, the threat of weakening demand in the Eurozone and a slide into deflation.
Dollar’s Ride Is About To End
The US dollar is going higher due to the misconception that the U.S. economy is strengthening and the devaluing of the Yen. But this trend can't last.
“Yo,” This Market Is Set For A Major Correction
We are starting to see the early anecdotal and technical signs that this market has gotten too frothy and a significant pullback is imminent.
Doves Don’t Know History
A wise saying goes like this; “Those who do not remember history are condemned to repeat it.” So ask yourself; what is the fate of those who seem to have absolutely no recollection of events that happened just a few years ago?
Why Goldman Sachs Is Wrong On Gold
Wall Street powerhouse Goldman Sachs has recently reiterated its negative view on gold, which it has held for the past year. However, it is now doubling down on this view and advising clients to actually go short the metal.
Why This Equity Rally Is About To End Badly
The deafening cacophony on Wall Street for the past six years has been since interest rates are at zero percent that there is no place else to put your money except stocks.
The Fed’s Ice Bucket Challenge
Wall Street has completely bought into the fantasy that the Fed can end its $3.5 trillion dollar QE programs and also normalize interest rates after having them near zero percent for over six years without hurting GDP growth or having a negative effect on equity market prices.
Why Global Bond Yields Are Tumbling
Market pundits appear to be mostly dumbfounded as global bond yields continue to set record lows.
The Keynesian Counterfactual Is Japan
We heard the “surprising” news last week that the Japanese economy shrank at an alarming 6.8 percent annualized rate in the three months through June, its biggest quarterly contraction since the 2011 earth quake and tsunami.
Hopelessly Devoted To Inflation
In the middle of July the stock market finally awoke from its QE-induced coma and realized the Federal Reserve’s tapering, which has been going on for the last six months, was for real.
The Fed-Induced EPS Fairy Tale
The stock market has advanced sharply over the past five years no matter what geopolitical situation has blown up or how tenuous the economic foundation may be.
1 to 16 of 24 Posts