Michael Pento: Stocks To Fall 30-60% Until A True Fed Pivot Happens

A year ago when today’s expert appeared on this channel, he warned of an approaching bear market & economic deceleration.

Specifically, he predicted these would be caused by the simultaneous shutoff of the $trilions of government stimulus issued in the year following the global pandemic — the largest monetary & fiscal cliffs in history.

Fast forward to today & well, his outlook was right on the money.

So what does he see in store as we head into next year? To find out, we’re fortunate to welcome macro analyst & money manager Michael Pento back to the program.