🌟 [ 20 ]   Michael Pento: The Middle Class Is Getting Destroyed, While Assets Are 40% Overvalued [ @Adam Taggart ]

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money s endorsed financial advisors at [ 🔗 Click ‼️ ] With the market now expecting less than 2 rate cuts this year perhaps none at all until next year according to Bank of America what does that mean for the economy? Can it handle higher for even longer interest rates without slowing markedly? Or, even worse, something systemic breaking? And what impact will these higher rates likely have on stock, bonds and other asset prices? To find out, we re fortunate today to talk with money manager Michael Pento. president of Pento Portfolio Strategies. Michael is not happy . He s very concerned that the crown jewel of our capitalist society, the middle class, is getting destroyed . He sees nothing good coming from that. And looking ahead, he sees a disinflationary recession happening in the second half of 2024, to be followed in early to mid-2025 by an era of stagflation more extreme than we ve ever experienced. #inflation #stagflation #recession _ Thoughtful Money LLC is a Registered Investment Advisor Solicitor. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop u0026 implement a personalized financial plan based on a customer’s unique goals, needs u0026 risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use levera .

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🌈 🔎 MichaelPentoTheMiddleClassIsGettingDestroyedWhileAssetsAre40%Overvalued 🌈