Michael Pento: "Tremendous" Opportunity To Short The Market Coming As Stocks Still 30% Overvalued

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Money manager Michael Pento returns for Part 2 of our interview with him to share how his portfolio is currently positioned as well as how he will change that positioning once the market correction he expects is underway. He's confident one will happen in the coming 12 months as stocks remain 30% overvalued by his calculations.

When the correction occurs, Michael recommends positioning in cash, the US dollar, US Treasurys & shorts.

To watch Part 1 of this interview, go to: https://youtu.be/YbpNQDRo6jc?si=ZtRDc-c-oaggsuWR

TIMESTAMPS
0:00 Being net short of the market.
2:59 What has not happened yet?
8:59 How to allocate your portfolio right now.
13:59 The four horsemen of the economic apocalypse.
19:27 Powell is playing for legacy.
24:20 This is a time to prioritize conservatism.
31:10 The importance of living up to potential.
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#marketcrash #gold #deflation
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