Excerpted from Pento Portfolio Strategies God bless Paul Volcker. He was truly a one of a kind central banker, and we probably won’t see another
Global stock (and bond and real estate) markets have been on a tear this year, apparently in anticipation of three big events. And last week
It’s been obvious for a while that the next phase of global monetary madness would be both spectacular and very different from the previous phase.
This is getting ridiculous. Every few days another country blows up, as their citizens take to the streets with little warning and no apparent interest
So the Fed, as expected, cuts interest rates again. And – also again – Fed Chair Powell implies that he’s done cutting for a while.
People have been talking about a “debt bubble” for some years now. They’ve been right, of course, based on the combination of surging borrowing and
A central bank that’s desperately trying to ignite a borrowing/spending frenzy to offset an incipient recession has one wish above all: That the currency it’s
The past few years have been a feeding frenzy for most major asset classes. Stocks blew through previous highs, as did trophy real estate, fine
Peter Schiff: The Fed readies the markets for a July rate cut … Gerald Celente: The economy will OD on “monetary methadone” … Max Keiser
Michael Pento: The purge is coming, then a reset … Gerald Celente: The golden bull is running … Lynette Zang: The global currency system is
The most consequential words ever spoken by a central banker are, without doubt, ECB chair Mario Draghi’s 2012 promise to “do whatever it takes” to
A few short weeks ago, the economy seemed to be growing, the trade war looked winnable and the Mueller Report appeared to take presidential impeachment
One of the lessons of the past few decades’ boom/bust cycles is that each financial bubble emerges in a different asset class. In the 1970s
Every week is eventful these days. But the most recent one stands out for sheer edge-of-the-abyss when-it-rains-it pours diversity. Some of the highlights: US stocks
In late 2018 the US stock market tanked, in effect holding a gun to its own head and threatening to pull the trigger unless the
Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.