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When Will the Fed Capitulate? - Michael Pento #5503
Financial Survival Network
English - May 17, 2022 12:01 - 33 minutes - 45.5 MB - ★★★★ - 31 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Venture Creditism and Capitalism - Richard Duncan #5502
Highlights: -Michael Pento comes on the show to give us some insight regarding the Fed’s next move -Everyone who was confident in January is now calling a bottom -The market is going to bottom when the Fed changes their mind and stops trying to fight inflation -Failure is getting rewarded rather than punished -The Fed is still on course to hike interest rates 50 points in June and July -Any high beta stock is going to suffer -The decrease of growth creates a bad environment to own stocks that have little revenue -Michael Pento is not ruling out the fact that Q2 could be negative Useful Links: Financial Survival Network Pento Portfolio Strategies