A Recession Unlike Any Other

A Recession Unlike Any Other
People shop for groceries at a supermarket in Glendale, Calif., on Jan. 12, 2022. Robyn Beck/AFP via Getty Images
Michael Pento
Updated:
Commentary 

The U.S. economy is already deteriorating because of humongous fiscal and monetary cliffs. These cliffs are now being compounded by the war in Eastern Europe and near-record-high inflation. And the Fed’s “Put” is much lower and smaller in size than Wall Street believes.

Michael Pento
Michael Pento
Author
Michael Pento is the President and Founder of Pento Portfolio Strategies. He produces the weekly podcast called “The Mid-week Reality Check.” He's also the author of the book “The Coming Bond Market Collapse.”
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