Michael Pento

For all who are interested in watching, @zerohedge is making the debate available to premium and professional subscribers:  bit.ly/PentoDebate

One word can describe the economy and markets today: Precarity.    We are overdue for a significant correction that could devastate passive investors.   I am looking forward to discussing my outlook for 2025 and beyond with @LanceRoberts moderated by @AshBennington.

NVIDIA is signaling stocks are in a bubble: 1. It is currently up over 150% YTD   2. Over half of the S&P 500 gain in 2024 is due to NVIDIA 3. It’s market cap has increased by the entire value of Amazon in 6 months 4. In 6 weeks, the stock has added the entire value of Berkshire Hathaway  Are we seeing warning signs that this bubble might be reaching its limit? Tune in to this weeks podcast: bit.ly/MWRealityCheck

The $6 Trillion in post COVID stimulus is running dry which may trigger a huge wake up call for Wall Street in just a few months. I joined Todd Horwitz and @jessebday from VRIC for a panel interview to discuss what could be heading our way next. From recession risks, NVIDIA, interest rates, inflation and consumer health, we go through it all: bit.ly/VRICINTERVIEW

Mainstream financial media is painting a rosy picture of the economy that leaves out the struggling American middle class.   A recent survey shows that 65% of Americans are facing economic hardships and financial insecurity.   We give our podcast listeners the necessary news and a real interpretation without Wall Street’s spin.   Join the podcast for free today: bit.ly/MWRealityCheck

Commercial real estate is sinking into a historic deflationary trap, vaporizing centuries of equity growth.  The burden of this crisis will fall on already precarious regional banks.  I share important data on this week's podcast around the dire situation in commercial real estate that you don't want to miss: bit.ly/MWRealityCheck

Two indicators will signal an imminent recession: 1. Widening credit spreads  2. Tightening financial conditions Ignoring warning signs hidden in today's data is dangerous. I present the data weekly for listeners to be aware and prepared. Join the Mid Week Reality Check for 5 weeks free:  bit.ly/MWRealityCheck

Weakening economic data is sending markets higher as Wall Street waits for rate cuts.   The data will catch up to markets and Wall Street.. and that is what I cover in this week’s podcast:  bit.ly/MWRealityCheck

The disheartening truth is that inflation and Fed policy failures have bankrupted the middle class.  @AnthonyFatseas and I discuss the plight of the middle class, the deteriorating economic outlook and how the Fed will likely react to what might come next. youtube.com/watch?v=E6xAnf…

Bank lending standards, a crucial part of my investment model, are weakening.  With falling loan demand and stricter lending conditions, the risks are mounting.  This week’s podcast explores the latest bank reports and their significance: bit.ly/MWRealityCheck

Poor Fed policy is the driver behind the growing gap between the 'Have-Nots' and 'Have Yachts'.  @GaryBohm5 and I discuss how Fed policy has seriously hurt the middle class and touch on how far away fair valuations in the markets are as a result: bit.ly/Metalsandminers

The evidence of a faltering U.S. economy is clear.   This week's podcast covers faltering corporate earnings, slowing GDP, employment, and debt concerns—all indicators that a recession may be on the doorstep.   Join today and listen for free:bit.ly/MWRealityCheck

You can also watch the full interview here with Adam here: youtube.com/watch?v=R1yDcj…

This weeks podcast is dedicated to distilling the most essential points from my interview with @adamtaggart on @thoughtfulmoney and expanding on how to prepare for the inevitable popping of this bubble.  There may be huge opportunities in the near future for investors if you know how the Fed will react.  Listen for 5 weeks free: bit.ly/MWRealityCheck

We have abused our reserve currency just long enough and we are living in the environment when it's ending.  I just did an interview with @RafiFarber and Phil Low discussing exactly what drastic things need to happen to bring the economy back into balance and how our investment models set our clients up for success.  youtube.com/watch?v=Cmz1Z-…

The 60/40 portfolio has failed investors since 2021 with the duration bonds getting absolutely crushed.  @DunagunKaiser and I discuss the tough position the Fed is in and the pathway of inflation on Liberty And Finance: bit.ly/Libertyandfina…

Home prices and stocks need a 40% drop to match historical averages. This could trigger a full depression and bankrupt the financial system. But will the Fed be forced to try and keep these asset prices from falling? Every week, I go through the real data on the mid-week reality check podcast. Join for 5 weeks free here: bit.ly/MWRealityCheck

Why is gold soaring? Because global trust in the U.S reserve system is deteriorating and central banks are resorting to buying gold with reckless abandon. This topic is explored along with interest rates, inflation and the health of the consumer in my recent interview with @KerryHLutz : bit.ly/FinancialSurvi…

Inflation is trending negatively with core CPI almost double the Fed's target, yet Powell is discussing rate cuts. Could he be worried?  This week's reality check focuses on what could force Powell's hand to a Fed pivot and what that could mean for all of us.  Listen for free here: bit.ly/BankCrisis

As we parse through conflicting economic data in this weeks Reality Check, one thing is clear: All signs point to a market top in June/July followed by recession as liquidity runs dry. Join the podcast to hear honest economic commentary every week: bit.ly/MWRealitycheck