Posts Tagged ‘Michael Pento’
2023-05-07 Retirement Lifestyle Advocates Radio w/ Michael Pento
The problem in the banking system is pretty simple, for ten out of the last fourteen years, mortgage rates have been well below the effective Fed funds rate today, which is 5.1%. So, bank assets are yielding very, very low-income streams to banks. Alternatively, you can go out right now and get over 5% on…
Read More2022-12-25 Retirement Lifestyle Advocates Radio w/ Michael Pento
The valuation of equities was 220% of the underlying economy at the start of this year. That is light years ahead of any other metric, any other reading on that ratio in history. By comparison, at the start of the Great Recession, that ratio was just 104 percent, not 220 percent. Our guest this week,…
Read More2022-08-28 Retirement Lifestyle Advocates Radio w/ Michael Pento
The stock market today, at 170% of GDP, is not in any regard reflective of the underlying conditions of global central banks tightening into a worldwide recession. This statement from Michael Pento, our guest this week on Retirement Lifestyle Advocates radio. Your host, Dennis Tubbergen, talks with Pento about the comparison of today’s equities market…
Read More2022-04-17 Retirement Lifestyle Advocates Radio w/ Michael Pento
Inflation is much higher than the government reports it. CPI is at 8.5%, producer prices up 11.2% year-over-year, import prices up 12.5% year-over-year, and if you look at reality, rents, the cost of buying a new house, the cost of beef, the cost of energy, year-over-year, they’re up closer to 20%. That’s the reality. Michael…
Read More2021-12-19 Retirement Lifestyle Advocates Radio w/ Michael Pento
Inflation is now running at three and a half times higher than the Fed’s target rate of 2 percent. The Fed is clearly worried about this, and now appears poised to announce a doubling of the tapering at next week’s FOMC meeting in an effort to get the table set for interest rate hikes and…
Read More2020-04-12 Retirement Lifestyle Advocates Radio w/ Michael Pento
Are we nationalizing the private investment market? For the first time, since the inception of the Federal Reserve in 1913, they are actually buying corporate debt in the primary market. This week’s guest on Retirement Advocates Radio, Mr. Michael Pento talks with Host Dennis Tubbergen about the implications of money printing on a scale that’s…
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