Michael Pento

Pentoport

Contributor since: 19 Oct 2011

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• Doves Don't Know History

  Published 22 September 2014 | viewed 0 times

  A wise saying goes like this; "Those who do not remember history are condemned to repeat it." So ask yourself; what is the fate of…

• Why Goldman Sachs is Wrong on Gold

  Published 15 September 2014 | viewed 0 times

  Wall Street powerhouse Goldman Sachs has recently reiterated its negative view on gold, which it has held for the past year. However, it is now…

• Why This Equity Rally is About to End Badly

  Published 08 September 2014 | viewed 0 times

  The deafening cacophony on Wall Street for the past six years has been since interest rates are at zero percent that there is no place…

• The Fed's Ice Bucket Challenge

  Published 01 September 2014 | viewed 0 times

  Unless you have been living under a rock for the past month, you have more than likely heard of the ALS Ice bucket challenge. But,…

• Why Global Bond Yields Are Tumbling

  Published 25 August 2014 | viewed 0 times

  Market pundits appear to be mostly dumbfounded as global bond yields continue to set record lows. For some examples; the 10 year German bund fell…

• The Keynesian Counterfactual is Japan

  Published 18 August 2014 | viewed 0 times

  We heard the "surprising" news last week that the Japanese economy shrank at an alarming 6.8 percent annualized rate in the three months through June,…

• Hopelessly Devoted to Inflation

  Published 11 August 2014 | viewed 0 times

  In the middle of July the stock market finally awoke from its QE-induced coma and realized the Federal Reserve's tapering, which has been going on…

• The Fed-Induced EPS Fairy Tale

  Published 04 August 2014 | viewed 0 times

  The stock market has advanced sharply over the past five years no matter what geopolitical situation has blown up or how tenuous the economic foundation…

• It's Deja Vu Disappointment All Over Again

  Published 28 July 2014 | viewed 0 times

  Baseball great Yogi Berra had a saying "It's déjà vu all over again", and every year around this time, I am reminded of those words.…

• Inflation's Real Cause

  Published 21 July 2014 | viewed 0 times

  According to Pimco's new Chief Economist, Paul McCulley, the Fed's war against inflation has been won! But, before we get out our party hats and…

• Pimco Steals AIG's Playbook

  Published 14 July 2014 | viewed 0 times

  Pimco is putting all their chips on the table, betting that low interest rates, along with lower and more stable global growth, will last for…

• Asset Bubbles Out of Gas

  Published 10 July 2014 | viewed 0 times

  I've written exhaustively about the real purpose behind the Fed's quantitative easing strategy. So one more time for those who still don't get it; the…

• Japan Says Konnichiwa to Stagflation

  Published 30 June 2014 | viewed 0 times

  More than twenty years after its infamous real estate and equity bubble burst, Japan has been plagued by economic malaise, an ailment most main stream…

• Fed's 'Noisy' Inflation Fantasy

  Published 23 June 2014 | viewed 0 times

  The Fed wants investors to be as unconcerned as the central bank is about inflation. Even though year over year consumer price inflation is above…

• Mafia GDP

  Published 16 June 2014 | viewed 0 times

  Governments are not engaged in a systemic conspiracy to alter economic data after it has been collected. To get a multitude of individuals agreeing on…

• Why Bond Yields are at Record Lows

  Published 03 June 2014 | viewed 0 times

  It seems that nearly everyone is confounded by the record low bond yields that are prevalent across the globe today. If investors can correctly pinpoint…

• Just How Weak is the U.S. Economy?

  Published 27 May 2014 | viewed 0 times

  The Bureau of Economic Analysis (BEA) recently reported that Q1 GDP was only 0.1% in the United States. Most of that anemic number was blamed…

• Another Phantom Recovery Fails

  Published 19 May 2014 | viewed 0 times

  Each year since the recession officially ended in the summer of 2009, Wall Street and Washington have tried to dupe investors into believing a second…

• Dollar/Yen Dynamics and The SP500

  Published 12 May 2014 | viewed 0 times

  It is imperative to understand the dynamics between the U.S. dollar and the Japanese Yen in order to grasp what is occurring across international markets.…

• The Reverse Tepper Argument

  Published 05 May 2014 | viewed 0 times

  David Tepper is the founder and manager of the multibillion dollar hedge fund Appaloosa Management. He is also well known for an appearance made in…