Michael Pento: 30-50% Market Drop From Here

Home Blog Michael Pento: 30-50% Market Drop From Here
Avatar photo

Adam Taggart

To-date, Adam’s efforts have educated and informed millions of people just like you, and directed hundreds of $millions of their investment capital into good protection and stewardship – achievements he’s very proud of because he predicts challenging times lie ahead for the unprepared investor.

Follow on:

https://youtu.be/gIWh9MKZRWA

Money manager Michael Pento returns to our program with a big warning — the prediction he made last year is coming true:

He forecasted that, beginning in Q2 2022, we will start hurdling towards a recession as well as one heck of a bear market correction.

And he believes that script is now set to play out before our eyes.

He foresees a progression from today’s stagflation to disinflation and then to outright deflation over the coming year.

The fast-rising cost of capital will pinch corporate and household incomes, spending will drop, financial & real estate prices will fall (some precipitously), and debt defaults will cascade through the system.

In short: it’s going to get ugly.

To hear one of the best summations yet of the “parade of horribles” we now face in the macro environment, as well as what their repercussions will be, watch this new excellent interview with Michael Pento.

Tags:

, , , , ,

Share:

The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.

The world of finance and investment is intricate and diverse. It’s our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.

Put these insights into action.

This is why we created Wealthion. To bring you the insights of some of the world’s experienced wealth advisors and then connect you with like-minded, independent financial professionals who will create and manage an investment plan custom-tailored to you. We only recommend products or services that we believe will add value to our audience.  Some links on our website are affiliate links. This means that if you click on them and use the affiliate’s services, we may receive a payment from the vendor at no additional cost to you. 

Schedule a free portfolio evaluation now.