Natural Resource Stocks, Released on 9/22/24
In this episode, financial expert Michael Pento delves into the potential impacts of rising interest rates, spiking bond yields, and economic instability on the stock and housing markets. He discusses his cautious investment strategy, emphasizing the risks associated with the current economic environment, including potential market declines and the stability of the treasury complex. Pento also debates the effects of deregulation, tax policies, and the vulnerability of a debt-saturated economy. Whether you’re an investor or just curious about economic trends, this discussion provides valuable insights into navigating financial uncertainties in the coming year.
00:00 Introduction and Market Concerns
00:39 Discussion on Bond Yields and Market Impact
01:29 Fed Policies and Inflation
05:30 Tax Cuts and Deregulation
09:33 Treasury Complex and Economic Predictions
16:35 Gold and Commodities Outlook
18:15 Investment Strategies and Caution
24:16 Conclusion and Contact Information
Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He is the author of The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.