Michael Pento

Michael Pento is the President and Founder of Pento Portfolio Strategies, produces the weekly podcast called, “The Mid-week Reality Check”, is Host of The Pentonomics Program and Author of the book “The Coming Bond Market Collapse.”

Articles by Michael Pento

The International Monetary Fund (IMF) has downgraded its global growth forecast for both this year and next, highlighting among other things, the threat of weakening demand in the Eurozone and a slide into deflation. This comes after...
Under the stewardship of Shinzo Abe, the nation of Japan has become a global leader in debt, currency devaluation and inflation.  Unfortunately for the Japanese, Abenomics is also leading Japan into a hyperinflationary depression...
Wall Street came to a halt recently, as Chinese e-commerce giant Alibaba made its Initial Public Offering debut.  The media became myopically focused over this so-called “historic event” and by its celebrity founder Jack Ma.  By...
A wise saying goes like this; “Those who do not remember history are condemned to repeat it.”  So ask yourself; what is the fate of those who seem to have absolutely no recollection of events that happened just a few years ago?...
The deafening cacophony on Wall Street for the past six years has been since interest rates are at zero percent that there is no place else to put your money except stocks. For most, it just doesn’t matter that the ratio of Total Market...
Unless you have been living under a rock for the past month, you have more than likely heard of the ALS Ice bucket challenge.  But, just in case you have been living under that rock--the challenge dares nominated participants to be...
Market pundits appear to be mostly dumbfounded as global bond yields continue to set record lows.  For some examples; the 10 year German bund fell below 1%., the Italian 10 year note has dropped below 2.60%, Spanish bonds fell to 2.40...
We heard the “surprising” news last week that the Japanese economy shrank at an alarming 6.8 percent annualized rate in the three months through June, its biggest quarterly contraction since the 2011 earth quake and tsunami.  Proving...
The stock market has advanced sharply over the past five years no matter what geopolitical situation has blown up or how tenuous the economic foundation may be. This is because Investors have simply been forced to throw money at the market...
Baseball great Yogi Berra had a saying “It's déjà vu all over again”, and every year around this time, I am reminded of those words.  As we have once again, happened upon that magical time of year I call, recovery summer déjà vu. It’s...

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Fed has done all it can to fix US economy's non-structural issues, now it must hike rates