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Michael Pento

  • Analysis & Opinion

Michael Pento's Opinion & Analysis
A complete archive of Michael Pento's articles, including current analysis & opinion - Page 2

According to the Congressional Budget Office, the U.S. government posted a $225 billion budget deficit for June, up 156% from a year earlier. This means, the first nine months of fiscal 2023 showed a...
The Bank of Canada paused its rate hiking cycle in January but then hiked rates at its last meeting. The Royal Bank of Australia paused in April but then had to start hiking again in June. The Fed...
At his May FOMC press conference, Mr. Powell tried his hand at stand-up comedy by saying "banking conditions have broadly improved since March." Could it really be possible that he can be so blind to...
First Quarter GDP increased at only a 1.1% seasonally adjusted annual rate. That was down from 2.6% in Q4 of last year, which was down from 3.2% during Q3. Despite the clear slowdown in economic...
The debt-disabled U.S. economy cannot withstand the surge in borrowing costs, and the reduction in money supply growth necessary to combat the record-high inflation suffered over the past few...
Wall Street has changed the narrative from an economy that will probably undergo a just a soft landing, to one that will now experience no landing at all. This specious propaganda is derived from the...
Inflation is supposedly on its way to falling gently back to 2% like a fluffy snowflake while the US economy roars ahead. Or at least that is what Wall Street needs you to think.However, the US...
Fed Chair Jerome Powell remains unimpressed with the reduction of the rate of inflation; down to 7.1% in November, from 9.1% in June. The Summary of Economic Projections shows a desire of the Fed to...
The cornerstones in my Inflation/Deflation and Economic Cycle Model are changes made to fiscal and monetary policies. Those are the two most determinant factors in any fiat-currency and debt-based...
This latest bear-market bounce was predicated on good seasonality, the hopes for a typical mid-term election boost and the rumors of a Fed pivot. Wall Street always finds a narrative for rallies in a...