Stagflation or Depression, Market Crash in 2024 & Assets to Protect Wealth with Michael Pento

WTFinance

Interview recorded - 26th of October, 2023
On this episode of the WTFinance podcast I had the pleasure of speaking with Michael Pento - President & Founder of Pento Portfolio Strategies.
During our conversation we spoke about Michael's thoughts on current markets, why it could be stagflation or depression after a stock crash in 2024, what will happen for the dollar, whether it is possible to save the markets and assets to protect wealth during this period. I hope you enjoy!
0:00 - Introduction
1:09 - What is Michael’s thoughts on the market?
5:28 - Indicators to pay attention to?
9:00 - Stagflation period?
14:53 - Deflation during the recession?
17:17 - What will happen with the dollar?
19:58 - Bonds to de-correlate from equities?
24:50 - Is it possible to save the markets?
27:43 - What assets protect wealth during that period?
29:13 - Holding reverse ETFs
30:28 - One message to takeaway from our conversation
Michael Pento serves as the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm (RIA) that operates like an actively managed fund without all the expenses. The Model Portfolio uses a proprietary macroeconomic model to determine when and how to invest across an inflation/deflation and economic cycle spectrum. The 20-component model is used to determine the two most important factors when it comes to successful investing: the second derivatives of growth and inflation.
Michael Pento -
Website - https://pentoport.com/
Twitter - https://twitter.com/michaelpento?lang=en
LinkedIn - https://www.linkedin.com/in/michael-pento-a1882917b/
WTFinance
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - https://twitter.com/AnthonyFatseas