Loading ...Michael Pento in the beginning of the year when everyone was still bullish for a few months more he was already preparing for a crash and considering going short early on.. That’s was even before some of the things the Fed was still doing like still driving housing up. He did have G&S but sold down to 5 %
I didn’t know about him back then just watching some of his videos now.
He brings up a good question back then.
Things are different now, the Fed lost credibility and when the markets crash and credit freezes up what is the Fed going to do this time when trust is lost.