
Michael Pento: Stocks "Running On Fumes", Risk Of A 30-80% Crash
Thoughtful Money with Adam Taggart
Risks in the Current Market and Potential Economic Events
Discussion on the high levels of distortions in equities, real estate, and credit markets, comparing the current market conditions to those before the global financial crisis. Delving into risks associated with private credit, mortgage-backed securities, and the impact of potential economic events like market crashes and recession. Emphasis on the importance of understanding sectors in the economy for investment decisions and the risks associated with long duration bonds.
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