50% Potential Loss to the Great Triumvirate: Stocks, Bonds, and Real Estate
Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender.
Proverbs 22:16 Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to poverty.
Michael Douville took the time to talk with President of Pento Portfolio Strategies, Michael Pento.
For those who are interested in a deep discussion about bonds, debt, and lending. How will this affect real estate, bonds, and stocks? Click on the YouTube video link below.
Michael Pento lays out the Risk in the Equity Market, the Bond Market, and the Real Estate Market: The “Great Triumvirate”.
Pento and Douville see trouble coming in the real estate market. Is the bubble popping?
Commercial real estate properties are increasing with vacancies in major cities across the United States.
The Federal Reserve is shrinking the money supply. Liquidity is drying up globally.
Michael Pento discusses the explosion of Debt and its relationship to the Gross Domestic Product, GDP. Debt is 263% of GDP!
Investors might limit their exposure to “High Beta” Stocks. Avoid technology stocks.
Pento likes short term government treasuries (3 years of less), gold, and utilities.
Interest rates have never been raised this quickly and this high. The yield curve is inverted.
How will the banking industry be affected? Personal 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. Pento sees a deep recession coming. The conversation flows swiftly with great and valuable content.
Michael Pento, President and Founder Pento Portfolio Strategies
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Check out Michael Douville’s latest take on the real estate market and the economy.
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.
Prices could decline in Out-Migration States by much more than Florida, Texas, or Arizona. Could prices decline over 30%? My Timing Model forecasts that possibility.
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, builders are going to have trouble with their lenders.
The Real Estate market has probably peaked and the 2nd and final Peak is forming now!
A recession is coming with a likely hard landing. The recession has likely started.
Michael discusses cities at risk across America due to crime, poor management and leadership. Large, corporate businesses are leaving major metropolitans. Tax bases and revenues are decreasing in these cities.
Pensions are losing their value in Europe due to negative interest rate bonds.
Website: https://michaeldouville.com/
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