Michael Pento – We Have Stagflation Now But Watch For The Calamity That Comes Next

THE EARLY STAGE INVESTOR, Released on 10/4/21 (Recorded on 10/1/21)

Michael Pento Stopped by on 10/1/21 to give us a roadmap of the future and active strategies to navigate through it. We covered the below topics:

0:11 – What the DATA says now and the origins of Inflation
3:46 – 1970s Style Stagflation?
5:42 – What’s ahead for stocks
12:42 – Caution is warranted
15:27 – Inflation dynamics around a crashing stock market

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.

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