When Will the Fed Capitulate? - Michael Pento #5503

<p><strong>Highlights:</strong><br /> -Michael Pento comes on the show to give us some insight regarding the Fed’s next move<br /> -Everyone who was confident in January is now calling a bottom<br /> -The market is going to bottom when the Fed changes their mind and stops trying to fight inflation<br /> -Failure is getting rewarded rather than punished<br /> -The Fed is still on course to hike interest rates 50 points in June and July<br /> -Any high beta stock is going to suffer<br /> -The decrease of growth creates a bad environment to own stocks that have little revenue<br /> -Michael Pento is not ruling out the fact that Q2 could be negative</p> <p><strong>Useful Links:</strong><br /> <a href="https://www.financialsurvivalnetwork.com" target="_blank" rel="noopener">Financial Survival Network</a><br /> <a href="https://pentoport.com/" target="_blank" rel= "noopener">Pento Portfolio Strategies</a></p>