Latest / Thoughtful Money with Adam Taggart
Michael Pento: 3 Massive Asset Bubbles Threaten To Take Down Our Fragile Economy
When today's guest was last on this channel back in March, he warned that the stock market was at risk of a double-digit drop.He was soon validated as stocks then fell 20% over the next month.Since then, markets have rocketed back to new all-time highs.So what does his model tell us is likely to happen from here?To find out, we have the great good fortune to welcome money manager Michael Pento back to the program.Michael warns that a 'triumvirate" of three massive asset price bubbles -- in credit, real estate and stocks -- threatens to take down our fragile economy and dash the retirement…
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