Market Crisis Within Months; Bad News For Banks | Michael Pento

The Bank Term Funding Program (BTFP) will be ending in March, and the reverse repo liquidity pool is running dry. Portfolio manager Michael Pento (https://pentoport.com) warns that the stock market will feel pressure in the coming months. The real estate market is also in a bubble, and a mortgage crisis worse than 2008 could be devastating for the banking system, he says.

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INTERVIEW TIMELINE:
0:00 Intro
1:18 Stock/bond portfolio
12:20 Inflation & GDP
17:00 Banking system
20:46 Real estate
36:24 Preparedness
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