Is This The Big One? Market Turmoil Ahead Of Fed Meeting | Michael Pento
As markets sell-off again today, everyone is asking, "Is this the big one?" No one knows for sure, but portfolio manager Michael Pento says markets have much further to fall. "It's over.... We are in a bear market," he says. All financial markets in the developed world are in trouble, he notes. "The construct that we see today is probably the most dangerous environment we have seen in our life time by a lot."
Pento online: https://pentoport.com
0:00 Intro
1:07 Market sell-off
7:33 Further downside
12:45 Currency crisis
17:55 401ks/IRAs
25:44 Stocks vs commodities
30:20 Housing market
33:17 Melt-up?
35:47 Pento online
40:32 Miles Franklin
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