Last quote by Michael Pento
Donald Trump has said that entitlements are off the table and he doesn't want to cut defense spending. In a world of skyrocketing debt and deficits and central banks that will be selling, who's left to buy? No one is really talking about how high interest rates could go and how artificially depressed they are if you look at them in historic terms.
Jan 25 2017
Michael Pento has been quoted 3 times. The one recent article where Michael Pento has been quoted is The bond vigilantes are back, and Trump better pay attention. Most recently, Michael Pento was quoted as having said, “When you have inflation and growth, or the prospect for more growth, that slams smack into a bond bubble, it's a very dangerous cocktail.”.
Quotes by Michael Pento
Nov 15 2016
When you have inflation and growth, or the prospect for more growth, that slams smack into a bond bubble, it's a very dangerous cocktail.
Nov 15 2016
There's a lot of bad stuff that's already occurred. If you put them on a ledger, on the good side there's hoped-for growth policies in 2017. On the bad side, you already have a spiking dollar, spiking interest rates. The chances are elevated that Trump starts his presidency off with a recession.
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