Michael Pento Bubbles Will Pop and Central Banks Will Panic

 

Michael Pento thinks Janet Yellen may be trying to cause a recession, leaving Trump for the blame. Despite negative economic data, the Fed is raising interest rates and might start reverse QE.

But as the economy collapses, the Fed will have to go back to easy money policy. Pento expects the Fed will resort to “helicopter money.”












The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Michael Pento -- When Central Banks Lose Control Bubbles Will Pop

 What would it look like if the central banks and the elite lost control of the markets and interest rates and the derivative market? Money Manager Michael Pento contends, “I think you have to stop saying ‘if.’ I think ‘if’ is not in question. It is a matter of ‘when.’ . . . . Let me tell you why I say it’s not ‘if,’ it’s when. When central banks are successful, and there has never been a central bank that hasn’t been successful in creating what they want to create, what do all central bankers want to create today? It’s inflation. When they get their inflation, what do they do? They try to pull back and reverse course. They believe that they have solved all of our problems . . . and they think that inflation is going to stop at 2% or 3% or 4% or much higher. In Japan, they are going to have a bond crisis. I wrote a book about this called ‘The Coming Bond Market Collapse.’ When that big inflation occurs, that is the big cathartic mechanism. When they lose control over inflation, interest rates will mean revert (or go back to historical averages). When you have mean reversion of interest rates, that will pop real estate, stock and bond bubbles. That’s when the globe gets a massive reality check. It’s not ‘if,’ it’s ‘when.’ . . . . In the U.S . . . . You could have very easily $3 trillion annual deficits if interest rates just mean revert . . . . That’s going to send a very sharp spear for these bubbles and these manipulators of assets.”






The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Michael Pento : There Is A Good Chance The Economy Will Rollover This Summer

 Market/economic/societal rollover is always imminent, but it NEVER happens.  Fed will print to infinity.  IMO, the market will NEVER crash again.  Maybe a 10-30% correction tops, but that's it.  TBTB will always rescue it and computer algos will continue to buy every dip.






The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Stock Market Will Fall at Least 50% | Michael Pento

 Money Manager Michael Pento predicted the bond market would ultimately collapse in his 2013 book titled “The Coming Bond Market Collapse.” He says the collapse has started and will get worse quickly. Pento is watching Europe and says, “When the European Central Bank (ECB) announces they are going to take the $60 billion a month of easing and take it to zero, you are going to see a bond market revolt. The free market, whatever is left of it, is going to aggressively start shorting bonds. You will see yields spike in Europe, which is going to drag up bond yields across the globe. That’s when this thing will all unravel and unravel very, very quickly.”

In closing, Pento predicts, “The stock market is a bubble. It’s going to fall at least 50% for starters and before Janet Yellen gets to helicopter money. You better be ready.”
























The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

ECONOMIC COLLAPSE 2017 : Bond Bubble is Epic -- Michael Pento

ECONOMIC COLLAPSE 2017 : Bond Bubble is Epic -- Michael Pento







 There is a record bubble in bonds, and money manager Michael Pento warns, “Where’s the 10-year Treasury right now? It was 1.3%, and now it’s around 2.6%. We’re going to 4% on the 10-year Treasury. That, by definition, is an absolute bursting of the bond bubble. The problem is this: All assets are priced off of the ‘risk free’ rate of return, ‘risk free’ rate of return on sovereign debt. All asset prices were priced off 1.3% of the 10-year Treasury, or a negative 40 basis points on the Japanese 10-year, or negative yielding German bunds, all assets, and yes that includes real estate and stocks. So, the bond bubble is epic. It is that big in proportion, and it is now bursting.”

Pento goes on to warn, “The real estate market is starting to go off-line. If you look at new home starts, they were down 19% in November month over month. There is no more refinancing market. It’s gone off-line. The initial purchase applications have flat lined. . . . As the housing market goes, so goes the economy. While the Dow and the S&P 500 have surged after November 9th, after Trump was elected, emerging markets are down 8%. . . . The emerging market economies and their currencies are crashing, and that is where I see the epicenter of the bubble breaks.”

In closing, Pento says, “This stronger dollar and this rise in Treasury yields is not going to last very long. They are going to have to reverse course. When they do, they are going to temporarily bring that yield back down. They are going to create unprecedented inflation like you have never seen before--even worse that the 1970’s. You are going to want to have gold at that juncture.”










The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

MICHAEL PENTO "BIGGEST MARKET CRASH IN HISTORY IS COMING"

 Lana Clements for Express UK reports NOW is the most dangerous time EVER to be an investor, as a giant bubble could be about to pop and derail the world's financial system, a financial expert has warned.










The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Devastating Metastasizing Global Depression On its Way - Michael Pento

 Financial expert and money manager Michael Pento is forecasting a global depression, and Pento contends, “It’s happening. It’s happening now. This is not your garden variety recession. You have impotent central bankers and impotent sovereign nations. How many more empty cities is China going to build without destroying their currency? . . . . There are going to be global sovereign defaults, and those defaults are going to take the form of defaults through monetization and inflation. That is where we are headed.” Pento warns that until the Fed starts printing massive amounts of money to turn the imploding economy around, “It’s going to be a devastating, metastasizing global depression. It’s on its way. ”

On gold, Pento says, “Your golden life preserver is going to be gold. It’s the only thing that is going to work when you have depression, insolvent nations and massive monetization of all outstanding bonds. I would definitely get physical gold.”

Join Greg Hunter as he goes One-on-One with Michael Pento of Pento Portfolio Strategies.







The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

The Economy is Going to Crash no matter what the FED Does -- Michael Pento

No Matter Which Way The FED Turns The Entire Economy Is Going To Crash: Michael Pento








It's called Keynesian economics, written by an idiot, followed by idiots. Ah well, the Bible told us we would enter this period--it's called the Tribulation. A lot of people will die, but those in Christ will rise again at the last Trump.




The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

The Coming Financial Crisis In 2015 by Michael Pento

  Coming Financial Crisis In 2015 by Michael Pento





Bio
www.pentoport.com
Mr. Michael Pento is the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm that provides money management services and research for individual and institutional clients.
Mr. Pento is a well-established specialist in the Austrian School of economics and a regular guest on CNBC, Bloomberg, FOX Business News and other national media outlets. His market analysis can also be read in most major financial publications, including the Wall Street Journal. He also acts as a Financial Columnist for Forbes, Contributor to thestreet.com and is a blogger at the Huffington Post.




Prior to starting PPS, Mr. Pento served as a senior economist and vice president of the managed products division of another financial firm. There, he also led an external sales division that marketed their managed products to outside broker-dealers and registered investment advisors.




Additionally, Mr. Pento has worked for an investment advisory firm where he helped create ETFs and UITs that were sold throughout Wall Street. Earlier in his career Mr. Pento spent two years on the floor of the New York Stock Exchange. He has carried series 7, 63, 65, 55 and Life and Health Insurance Licenses. Mr. Pento graduated from Rowan University in 1991.




The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more