Michael Pento

Delta Global

Contributor since: 26 Feb 2010

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• Why the Fed Will Be Sidelined in 2010

  Published 22 December 2009 | viewed 5,194 times

  The release of the Non-Farm Payroll Report for November along with the latest inflation data from the Bureau of Labor Statistics placed further into question…

• Dubai is Not Alone

  Published 04 December 2009 | viewed 4,819 times

  The Persian Gulf emirate Dubai is seeking to defer debt payment on nearly $90 billion in liabilities from their state-run companies. Like many other over-leveraged…

• The Weak Dollar Was Supposed to Fix Everything

  Published 20 November 2009 | viewed 3,396 times

  The inflation redux plan from the Fed and Washington is based on zero interest rates, massive deficits and quantitative easing, which are designed to bring…

• The Surety Referee

  Published 10 November 2009 | viewed 3,360 times

  Our Treasury Secretary Timothy Geithner told us this weekend that global stimulus needs to be in place until a recovery is "assured." This government --…

• The Feds Have No Faith in Recovery

  Published 05 November 2009 | viewed 4,691 times

  The stock market has enjoyed a significant rally since the end of the first quarter. The Bureau of Economic Analysis reported last week that the…

• Please Mr. Geithner, Don't Pass the Buck on the Dollar

  Published 26 October 2009 | viewed 3,013 times

  It seems nobody in this country wants to take responsibility for the secular decline in the value of the U.S. dollar. When Fed Chairman Ben…

• Building the Labor Force with Forced Labor

  Published 12 October 2009 | viewed 3,211 times

  Government Jobs, a road to bigger economic woes The number of people eligible for work is known as the Labor Force. It should not now,…

• The Government is the Mortgage Market

  Published 28 September 2009 | viewed 5,781 times

  It's time to ask ourselves a collective question; what have we learned from the economic chaos caused by a collapsing real estate market, which was…

• America Digs Deeper Into Debt

  Published 21 September 2009 | viewed 5,105 times

  It's amazing but true. Even after all we've been through and all we have supposedly learned about the danger of being over leveraged and borrowing…

• A Jobless Recovery Part Three

  Published 09 September 2009 | viewed 3,193 times

  It looks like this will be the third jobless recovery in a row. Coming out of the last two recessions we had what has become…

• Banana Ben Strikes Again

  Published 31 August 2009 | viewed 3,451 times

  Just when you thought it was safe to hold dollars, even for just a little while, Fed Chairman Ben Bernanke once again climbed aboard his…

• The Buzz over Bernanke

  Published 24 August 2009 | viewed 3,013 times

  Last week's buzz in Jackson Hole Wyoming and around Wall Street is whether or not Banana Ben Bernanke should be reappointed to the Fed Chair.…

• A Recovery Foundation Built on Sand

  Published 17 August 2009 | viewed 3,772 times

  A Brief Review Instead of allowing a cathartic and reconciling recession to run its course, the Fed decided last year to again bail out the…

• The New Fall Fashion is Inflation

  Published 12 August 2009 | viewed 3,833 times

  Get ready to be hit by some startling inflation data. The data soon to be released by the government will put a dagger through the…

• Cash for Clunkers with Bread and Circuses in Pax Americana

  Published 03 August 2009 | viewed 3,695 times

  While I was on a bull/bear debate last week on CNBC Reports with Dennis Kneale, the host referred to our country as Pax Americana. The…

• The Greatest Subprime A.R.M. of All is our Debt

  Published 28 July 2009 | viewed 4,661 times

  It troubles me greatly to know that while the 30 year Treasury bond is yielding a mere 4.6%, we are not locking in that low…

• Growth: Never More Needed, Never More Misunderstood

  Published 21 July 2009 | viewed 3,377 times

  What should be clear to all Americans is that the need to grow the economy has never been more critical. But what constitutes real growth…

• What the Fed's Exit Strategy Will Mean for the Economy

  Published 14 July 2009 | viewed 5,295 times

  Economics is not an exact science. It pales in comparison to mathematics because it contains a high component of art in its analysis. With that…

• Why Have We Abandoned Markets?

  Published 08 July 2009 | viewed 3,574 times

  It astonishes me to see how quickly this country has embraced a socialist mentality and how readily it has accepted the belief that the source…

• Apples and Inflation

  Published 29 June 2009 | viewed 3,244 times

  Last week on CNBC's "The Kudlow Report" there was a thrilling debate over inflation between Alan Blinder and Arthur Laffer. Mr. Laffer (former member of…