Money manager Michael Pento returns for Part 2 of our interview with him about investing in the current bear market.
Michael thinks it could fall by an additional 30-60% over the coming year, depending on Fed policy response to inflation.
He continues to recommend investors own his “Four Horsemen of the Apocalypse” assets: cash, long USD dollar plays, equity shorts & bonds.
Bonds have had a terrible year. But he thinks the current environment is very favorablefor US Treasurys.
He’s also becoming increasingly bullish on gold and the precious metals miners.