39 min listen
Michael Pento: Stocks To Fall 40% By Spring?
Michael Pento: Stocks To Fall 40% By Spring?
ratings:
Length:
59 minutes
Released:
Aug 11, 2022
Format:
Podcast episode
Description
Money manager Michael Pento distrusts the current rally in stocks. He thinks it's a classic short-lived rally within a secular bear market. That, combined with the Fed interest rate hike campaign to tame inflation, which he expects to drive the economy into recession, is going to result in a 40% decline in stocks by Spring 2023.
https://youtu.be/tKFDT50UVic
https://youtu.be/tKFDT50UVic
Released:
Aug 11, 2022
Format:
Podcast episode
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