Wealthion - Be Financially Resilient cover image

Michael Pento: S&P To Drop By 40% When Recession/Deflation Arrives?

Wealthion - Be Financially Resilient

00:00

The Importance of Corrective Action in the Economy

There was a giant increase in m2 42 43 post-covid the chart that john just showed shows m2 finally you know contracting liquidity is starting to to dry up. valuations are beyond anything we've ever seen in history and they still sit at about 40 times or more margin adjusted the shiller pe ratios. statistically you just can't tie that into any positive expected return over the next decade but none of that has mattered. We happen to think that he's positioned correctly with a lot of cash treasuries um gold and he's thinking about shorting.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app