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

WTFinance

WTFinance is a podcast hosted by Anthony Fatseas breaking down the complex world of finance, investing and trading to make it accessible for everyone. We provide weekly interviews with Finance, Trading and Investing experts on YouTube and Podcast platforms. WTFinance believes knowledge of Finance and Investing is a right everyone should have access to. Our ambitions is to provide this to the world through our podcast and future offerings. If you would like to collaborate, please email us at - whatthefinance@hotmail.com

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

October 27, 2023 • Anthony Fatseas

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/

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