michaeldouville

Michael Pento lays out the Risk in the Equity Market, the Bond Market, and the Real Estate Market: The "Great Triumvirate ". Michael Pento discusses the explosion of Debt and its relationship to the GDP, Investors might limit their exposure to "High Beta" Stocks, the "Bond Sleeve." could be Treasuries with most durations under 3 years. Bank Accounts should be kept to under the FDIC approved $250,000 limit. A few months of Cash liquidity kept at home would be prudent. Michael Pento outlines the Financial Risk coming. The conversation flows swiftly with great and valuable content. Michael Pento can be reached at: Michael Pento President and Founder Pento Portfolio Strategies www.pentoport.com

Fortunes will be LOST! Fortunes will be MADE. Timing is Everything. Our timing model is showing that the Real Estate Market will be showing evidence of the slowdown by the end of the 2nd quarter or maybe early 3rd Quarter of 2023. Pending home sales are slowing and Builders are selling like crazy as they attempt to liquidate their properties. They are scared to death and will make deals. by buying rates down and making concessions because they are going to have trouble with their lenders. The Real Estate market has probably peaked and the 2nd and final Peak is forming now!

The World is in turmoil. The US is in turmoil. Where do you go to protect your Family and your investments. Chicago, Seattle, Los Angeles, San Francisco, New York, Minneapolis are on my watch list. These areas are becoming impossible to conduct business. Moving away is often a difficult decision. However, Florida, Texas, and Arizona should be at the top of your list. Should you want to explore moving to metro Phoenix, I am available to brainstorm with you, your spouse, your Financial Planner, and decide if Maricopa County might be a good location. By using an IRC 1031 Exchange, the tax implication can be kept at a minimum. Your investments can be upgraded to work for decades.

We are about to enter the 2nd Quarter of 2023. The 4th Quarter of 2022 was a tough Quarter and pretty slow. Here in Phoenix Arizona, the Housing market has popped up as affordability has improved. My Forecast has been for a "Window of Lower Rates" for the 1st Quarter of 2023 and maybe into the 2nd Quarter. However, Rates may very well rise again. Inflation is also forecast to decline, but Charts are indicating higher inflation later in the year. If you have been following my work, you know we have been out of the Market since March of 2022 with New Capital. Re-positioning portfolios via an IRC 1031 Exchange has been very popular as investors move from California, New Youk, Chicago, Portland, Seattle, and Minnesota to the better markets of Florida, Texas, and Arizona. Here in Phoenix, we are experiencing a Correction, possibly a severe correction, in a decade long Real Estate Bull Market...

Another Friday in March 2023....last Friday, Credit Suisse collapsed, Now Deutsche Bank is in the spotlight. We have been talking about the fact that there is no Liquidity. Are we entering another Credit Event. I remember Lehman Brothers and Bear Stears. These events start slowly and then pick up speed. If you cannot get CASH, what do you do? You sell assets at times and prices that are not advantageous. Dr. Nenner and I talked about getting out of Bonds in November of 2020. "Get out of BONDS". Now, these banks had been forced to buy 0% or subzero bonds and now rates are rising. Rising raters decimate a Bond Portfolio!!! The Credit Event is COMING! Michael's Website" www.michaeldouville.com

What an amazing interview. Charles Nenner believe the current Banking Crisis will resolve itself for a short time only. The Banking index will rise for a "Bounce" only. Charles believes the 'Whole system is ready to go under- we need to make plans. One of the strategies would be trading; this is not a 'Buy and Hold" environment. Charles also believes Inflation will start up again after May. We are in for a "terrible" time; Charles' War Cycle and Civil Disruption are turning up. It is time to be cautious, build cash reserves, hold some cash at home, and when buying physical gold, take possession.