Michael Pento: "Look Out Below!"- Phase 2 Of Bear Market To Hit In 1st Half Of 2024
Stocks have rarely been so overvalued
Like many, today's guest was quite concerned entering 2023 that a recession was all but inevitable.
But it never showed up.
As the year nears its end and a new one readies to begin, did we indeed dodge a bullet?
Or has the recession only been delayed, now ready to make landfall in 2024, perhaps with even stronger destructive force than had it arrived sooner?
For answers, we turn to the highly popular and always informed money manager and macro analyst Michael Pento.
Michael is highly confident the recession expected this year was only postponed, not averted. And that as it unfolds from here, the bear market that began in early 2022 will resume in 2024, sending stocks much lower from their current dizzying level of overvaluation.
He shares how his portfolio is positioned now, in advance, as well as how he plans to adjust it once the market correction gets underway.
To watch this excellent discussion with Michael, just click here or on the image below:
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