Maharrey spoke with Michael Pento, a noted economist, portfolio strategist, and author, to dissect the Federal Reserve's actions, inflation concerns, and the burgeoning U.S. debt crisis.
What has changed is only that the highest government officials now regularly lie about gold and that the most important financial news organizations now refuse to ask critical questions.
The big leaders in Tech are taking the market down the most, but breadth, as one article points out, is also terrible, with most of the market now collapsing.
Rising yields not only signal investors have bought into the “soft landing,” strong economy mantra, but they also expose a couple of significant concerns.
Murray says the war showed that “the economy could be cartelized under the aegis of government, with prices raised and production fixed and restricted, in the classic pattern of monopoly.”
The economy appears to be plugging right along, but there are some foul currents running under the surface that should raise concern as we move into 2025.
“As goes January so goes the year.” The month’s Main Event commences 14 January upon U.S. Secretary of the Treasury Janet “Old Yeller” Yellen begging for dough upon which to draw to pay obligations on the nation’s debt.
Stock market crash 2025 may be sledding this way, while Santa is looking a little past his expiration day...A 2025 stock market crash because … things never looked worse