WTFinance, Released on 10/27/23 (Recorded on 10/26/23)

During our conversation we spoke about Michael’s thoughts on current markets, why it could be stagflation or depression after a stock crash in 2024, what will happen for the dollar, whether it is possible to save the markets and assets to protect wealth during this period. I hope you enjoy!

0:00 – Introduction
1:09 – What is Michael’s thoughts on the market?
5:28 – Indicators to pay attention to?
9:00 – Stagflation period?
14:53 – Deflation during the recession?
17:17 – What will happen with the dollar?
19:58 – Bonds to de-correlate from equities?
24:50 – Is it possible to save the markets?
27:43 – What assets protect wealth during that period?
29:13 – Holding reverse ETFs
30:28 – One message to takeaway from our conversation

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.

  depression, economy, inflation, markets, stagflation