RISK, Released on 10/5/22
Michael Pento warns of the end of the world, in a financial sense. Michael is one of the smartest and most straight forward money managers out there. A long time, high profile guest on CNBC and other mainstream financial channels, lays out the financial reality of today. He discusses his rational behind this and discusses how to protect your financial net worth in such an environment. As I suggested in this discussion, please watch his prior video on here to see just how prescient he can be.
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.