Liberty and Finance, Released on 1/29/22

Last year saw a record for insider stock sales. This year’s pullback in stocks is just the beginning of the disaster ahead, according to portfolio manager Michael Pento, who is not only seeing a major pullback in stocks, but also bonds and real-estate. “The insiders are already out,” he says of this “triumvirate of bubbles.”

1:46 Fed policy
7:23 Hidden risk
10:08 Housing market
11:30 Fed tightening
12:56 Fed’s balance sheet
15:44 Crack up boom?
20:46 “Triumvirate of bubbles”
27:03 Money velocity
28:27 Gold update
30:37 Silver update
31:48 Pento Portfolio Strategies
34:32 Miles Franklin

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.

  Fed policy, gold, silver, stock correction, stock crash