WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion’s endorsed financial advisors at

With interest rates higher than they’ve been in over 20 years, many analysts and economists have expected the economy – and then the markets – to buckle under the higher cost of debt. After all, we have 6x the total public debt as we did that last time interest rates were this high.

But whether that will eventually prove true, the markets are priced as if it won’t.

Right now, they’re priced for no recession, no adverse lag effects from the historically aggressive hiking & tightening campaign pursued over the past year and a half by the Federal Reserve and most of the other major world central banks.

So when will this higher cost of debt matter? Will it matter?

For answers, we turn to the highly popular and always informed money manager and macro analyst Michael Pento.

TIMESTAMPS
0:00 Why is the recession still coming?
5:26 The high cost of the debt.
11:39 Risk of zombie companies on this program.
18:41 What is the shadow banking system?
22:34 How high interest rates are hurting the government.
28:57 How banks are tightening lending standards.
34:53 The long end of the yield curve.
40:30 Retailers in sell mode.
45:36 Consumer pressure on the housing market.
51:15 The Fed is a confederation of banks.
57:43 The real estate market in a depression.
1:04:27 The oligarchy of the housing market.

At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

We offer exceptional interviews and explainer videos that dive deep into the trends driving today’s markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to ‘regular’ investors just like you.

There’s no doubt that it’s a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.

SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion’s endorsed financial advisors here:

Subscribe to our YouTube channel

Follow us on Twitter

Follow us on Facebook

#recession2024 #marketcrash #inflationdeflation
____________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.

The world of finance and investment is intricate and diverse. It’s our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust….(read more)

BREAKING: Recession News

LEARN MORE ABOUT: Bank Failures

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

Michael Pento is a prominent economist and financial commentator who has been sounding the alarm bells for quite some time about an impending economic disaster. In his view, a “hard landing” recession is on the horizon, and the signs are becoming increasingly clear. Pento believes that this recession will arrive sooner than most people anticipate, leaving little time for preparation.

Pento’s track record in predicting economic downturns is quite impressive. He accurately predicted the 2008 financial crisis, giving him credibility among investors and economists alike. As the president and founder of Pento Portfolio Strategies, he has a reputation for providing astute analysis and investment strategies to his clients.

One of Pento’s primary concerns is the excessive debt levels that have built up globally since the last recession. Governments, corporations, and individual households have all taken on unprecedented amounts of debt, and this has created a fragile and unsustainable economic environment. As interest rates rise, the cost of servicing this debt will become increasingly burdensome, potentially leading to defaults and bankruptcies. Pento argues that this will trigger a chain reaction, pushing the global economy into a devastating recession.

Another point Pento emphasizes is the Federal Reserve’s monetary policy. He believes that the central bank’s ultra-loose monetary policies, such as low-interest rates and quantitative easing, have artificially propped up the economy and created a bubble in financial markets. As the Fed begins to withdraw these stimulus measures, the markets will react negatively, leading to a sharp downturn. Pento warns that the consequences of the Federal Reserve tightening monetary policy too quickly or too much could be dire.

Pento’s concerns extend beyond the United States. He notes that other major economies, such as China and the European Union, are also grappling with significant problems. China’s debt-fueled growth has been a cause for worry for many analysts, and Pento is no exception. He believes that China’s economic slowdown will have global implications, given its status as the world’s second-largest economy. Additionally, the debt and structural issues in the European Union, particularly in countries like Italy and Greece, could spark a financial crisis that spreads throughout the eurozone.

While Pento’s warnings are dire, he does provide some recommendations for investors to weather the storm. He advises reducing exposure to stocks, especially those in industries particularly vulnerable to an economic downturn, such as housing and auto manufacturers. Instead, Pento suggests increasing positions in safe-haven assets like gold and silver, as well as treasury bonds. These investments tend to perform well during times of economic uncertainty.

It’s important to note that not everyone agrees with Pento’s dire predictions. Some economists argue that the global economy is more resilient and diversified now than it was in 2008, and that lessons have been learned from past crises. Nonetheless, Pento’s track record of accurate predictions and his in-depth analysis of current economic trends make his perspective worth considering.

In conclusion, Michael Pento warns that a “hard landing” recession is approaching, and it may arrive sooner than many expect. His concerns over excessive debt levels and the Federal Reserve’s monetary policy are factors that he believes will play a significant role in triggering this downturn. While his predictions may be dire, he offers prudent investment advice to help individuals weather the storm. As the global economy continues to evolve and potential risks loom on the horizon, it is essential for investors and policymakers alike to pay heed to experts like Michael Pento and take appropriate measures to safeguard against a potential economic disaster.