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Money manager Michael Pento returns for Part 2 of this interview to share how he is currently positioning his firm’s portfolio for the 40% market correction he sees coming ahead.
Cash, US dollar, long-dated US Treasury bonds & shorts are what Michael calls “The 4 Horsemen” — the key assets you want to hold during a market crash. He’s also has positions in gold and utilities at this moment, too.
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Macro expert and money manager Michael Pento returns for part two of our interview with him in which he suggests that the S&P 500 could drop by 30-40% to around 3,000 points if market forces were allowed to operate naturally. […]
Are you scratching your head at the disconnect between the macro data and current market prices? Are you flummoxed how stocks can be performing so well so far this year when so many economic indicators are at recessionary levels? Is […]
There is no shortage of opinions out there about where the economy is headed right now. You’ll find equally vocal advocates for a hard landing vs a soft landing. And a growing number saying there will be “no landing at […]
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