Liberty and Finance, Released on 2/15/21
On the heels of what has been arguably the most volatile year in history on many fronts, this widely followed money manager forecasts an even more choppy 2021, with a coming inflection point mid-year, bringing a “SUPER SPIKE” in interest rates, together with a fiscal and economic cliff.
Michael Pento, founder of Pento Portfolio Strategies, returns to Liberty and Finance to sound the alarm on what he sees rapidly approaching, so we can get out of the way in time, and even benefit from a truly startling opportunity.
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
Michael Pento: Watch For Interest Rate SUPER SPIKE added by Herman James on
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Pento is over-confident, way too many variables in this equation. .