Michael Pento

Delta Global

Contributor since: 26 Feb 2010

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• Raise the Inflation Target and Put a Date on It!

  Published 19 June 2017 | viewed 0 times

  Raise the Inflation Target and Put a Date on It! That’s the direction some high-profile economist and former members on the FOMC want to go.…

• Are Stocks Currently Cheap?

  Published 14 July 2010 | viewed 0 times

  Perma-shills have been claiming of late that the stock market is now trading at an enticing valuation. Their main evidence for this, as they are…

• Why the Greater Depression Still Lies Ahead

  Published 30 June 2010 | viewed 0 times

  If one does not know the real cause of a problem, they should also be unable to provide a genuine solution. Messer's Obama, Bernanke and…

• Fed's Next Move is To Ease

  Published 22 June 2010 | viewed 0 times

  The FOMC meets today to discuss their record-low interest rate policy. The announcement of their decision will be released on Wednesday. While no increase in…

• U.S. Debt Bomb Detonation Expedited by 5 Years

  Published 16 June 2010 | viewed 0 times

  A Treasury Department report to Congress last week stated that total U.S. debt will climb to $19.6 trillion by 2015, as opposed to the 2019…

• The World's True Reserve Currency is Gold

  Published 03 June 2010 | viewed 0 times

  Since The Bretton Woods Agreement was signed in 1944, the U.S. dollar has been viewed as the undisputed world's reserve currency. Unfortunately, however, investors the…

• The Markets vs. Bernanke

  Published 24 May 2010 | viewed 0 times

  Who should investors listen to; the markets or the Fed? One says we are in for a double dip recession, the other just raised GDP…

• U.S. Solvency Contingent on Low Interest Rates

  Published 14 May 2010 | viewed 0 times

  According to the Department of Treasury's Auction Staff, the U.S. auctioned $8.8 trillion in Bills, Notes and Bonds in fiscal year 2009. That number is…

• The Subprime Rhyme with U.S. Debt Debacle

  Published 05 May 2010 | viewed 0 times

  The similarities between the subprime mortgage crisis and that of the coming collapse of the U.S. bond market are uncanny. In fact, Mark Twain may…

• A 'V' Shaped Recovery in Inflation

  Published 28 April 2010 | viewed 0 times

  A viable "V" shaped recovery in the economy and markets has now become the accepted view. My view, however, is that the economic recovery will…

• Higher Rates are Foreboding Inflation

  Published 15 April 2010 | viewed 0 times

  I know we were all told that it was not supposed to happen, but interest rates are rising on both U.S. government debt and mortgages.…

• U.S. Will Lose a Trade War with China

  Published 06 April 2010 | viewed 1,539 times

  In light of the number of manufacturing and goods producing jobs lost in America over the past decade, it's no wonder why many in Washington…

• Yellen Slated for Promotion at the Dole of Doves

  Published 18 March 2010 | viewed 1,059 times

  President Obama has nominated Janet Yellen to replace Donald Kohn as the Vice-Chairman of the Federal Reserve. Ms. Yellen served as a former assistant professor…

• A Bull Market Requires a Healthy Consumer Underneath

  Published 09 March 2010 | viewed 1,733 times

  A year ago this week the stock market hit its nefarious 666 level on the S&P 500. Since that historic day, we have enjoyed a…

• Is the Dollar Really Safer Than the Euro?

  Published 04 March 2010 | viewed 1,617 times

  The European currency has depreciated dramatically against the US dollar in the past few months, falling from over $1.50 on December 1st to $1.35 today.…

• Note to Fareed Zakaria: Tax Rates Affect Behavior

  Published 19 February 2010 | viewed 2,407 times

  Fareed Zakaria is not a fiscal conservative by any means. His left leaning bias towards relying on tax increases to fix our deficits, instead of…

• Fed Chooses to Exit through Eye of Needle

  Published 16 February 2010 | viewed 3,303 times

  Ben Bernanke is making sure the Fed's exit strategy goes as easily as a camel can pass through the eye of a needle. Instead of…

• A Mortally Wounded Private Sector

  Published 02 February 2010 | viewed 3,426 times

  The President's 2011 budget proposal was so outrageously egregious that Obama had to hold a special conference on Monday just to spin the news. The…

• Save the Middle Class While Fixing the banks for Good

  Published 28 January 2010 | viewed 2,606 times

  While I'm disgusted with the level of banker's bonuses and with the obscene leverage practices financial institutions undertook, I do not think the answer to…

• The Tepee Shaped Recovery

  Published 14 January 2010 | viewed 3,231 times

  The shape of this economic recovery will not be in a "V", as many pundits have promulgated, but instead may be the inversion of that…