Michael Pento: Stocks & Home Prices To Fall 40-50% As Liquidity Dries Up?
Thoughtful Money with Adam Taggart
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Economic Trends and Housing Market Insights
This chapter examines recent shifts in consumer spending, spotlighting Walmart's earnings decline as a warning for market health. It further analyzes the impact of government job statistics and economic policies on consumer confidence and housing affordability, revealing a critical outlook on home ownership trends. The discussion also explores the potential for a substantial correction in both housing and stock prices, emphasizing the need for active investment management amidst these economic uncertainties.
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