Michael Pento

Pentoport

Contributor since: 19 Oct 2011

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• Q3 GDP was Hogwash

  Published 07 November 2016 | viewed 0 times

  Since most everyone is focused on the upcoming U.S. elections, many investors may not have had the time to peel back the onion on the…

• Earnings Fairytale Has an Unhappy Ending

  Published 31 October 2016 | viewed 0 times

  The air underneath stock prices is indeed getting very thin at these altitudes. According to none other than Goldman Sachs, median stock prices are positioned…

• Government Stimulus is an Oxymoron

  Published 25 October 2016 | viewed 0 times

  The accumulation of Debt, at its very essence, is simply borrowing consumption from the future. And this is true on any level of debt, be…

• Equity Bubble Has Run Out of Excuses and Time

  Published 17 October 2016 | viewed 0 times

  It is finally going to be a make or break earnings season for stocks. This is because the justification for record high stock prices that…

• Bubble Blind Central Bankers

  Published 10 October 2016 | viewed 0 times

  Fed Head Janet Yellen is keeping alive the tradition of her predecessors, Messrs. Greenspan and Bernanke, by showing she is equally as blind-sighted to the…

• The Free Market Always Prevails

  Published 27 September 2016 | viewed 0 times

  The global securities market got a surprise recently when U.S. core consumer price inflation crept up to 2.3% year over year in the month of…

• Bond Bubble has Finally Reached its Apogee

  Published 19 September 2016 | viewed 0 times

  Boston Fed President Eric Rosengren recently rattled markets when he warned that low-interest rates were increasing the temperature of the U.S. economy, which now runs…

• Why the Greater Recession will be Dollar Bearish

  Published 12 September 2016 | viewed 0 times

  The Great Recession of 2008 provided markets with an interesting irony: As the US economy was collapsing under the weight of crumbling home prices, investors…

• King of Debt vs. Queen of Deficits

  Published 30 August 2016 | viewed 0 times

  The Congressional Budget Office (CBO) estimates the total deficit for fiscal 2016 will be $590 billion. This is $152 billion (34%) greater than the shortfall…

• Proof the Economic Recovery Has Ended

  Published 22 August 2016 | viewed 0 times

  The primary data point that the perennial bulls on Wall Street claim as evidence for an improving economy is the monthly jobs number. The Non-farm…

• Sacrificed to the Inflation Gods

  Published 15 August 2016 | viewed 0 times

  Our Federal Reserve is composed of labor market economists who place their faith in the theory that inflation is spawned from too many people working.…

• Greenspan Gets One Right: Here Comes stagflation

  Published 08 August 2016 | viewed 0 times

  In a recent interview, former U.S. Federal Reserve Chairman Alan Greenspan (the "Maestro") warned that the economy was experiencing, "the early signs of stagflation." This…

• 4 Stages of Monetary Madness

  Published 01 August 2016 | viewed 0 times

  There are four stages of fiat money printing that have been used by central banks throughout their horrific history of usurping the market-based value of…

• Japan's Lemming Syndrome

  Published 25 July 2016 | viewed 0 times

  The financial world is buzzing about former Fed chairman Ben Bernanke's recent trip to Japan, where he advised Japan's central bank chief Haruhiko Kuroda on…

• Record Bond and Stock Prices Sending the Same Message

  Published 18 July 2016 | viewed 0 times

  The S&P 500 is trading near an all-time record high. But investors should not take this as the all clear signal. According to most indicators,…

• ECB and BOJ Now Trapped in Endless Counterfeiting

  Published 11 July 2016 | viewed 0 times

  The Fed was able to end its massive $3.7 trillion series of Quantitative Easing campaigns without the stock market and economy falling apart. The end…

• Ready or Not the Recession May Have Already Arrived

  Published 05 July 2016 | viewed 0 times

  While investors have been focused on the perennial failed hope for a second half economic recovery, they have been missing the most salient point: the…

• Insanity Definition on Full Display

  Published 24 June 2016 | viewed 0 times

  Wells Fargo recently announced a new mortgage product they are calling "A game changer in the industry." According to the bank, this product is purported…

• Fed's Rate Normalization Will Be Far From Normal

  Published 07 June 2016 | viewed 0 times

  The Fed traditionally embarks on an interest rate tightening cycle when inflation has started to run hot. This decline in the purchasing power of the…

• Will the Fed be Blind Sided by Stagflation?

  Published 31 May 2016 | viewed 0 times

  Most Central Bank watchers know that our Federal Reserve has a dual mandate of stable prices in the context of maximum employment. But its use…