Market Updates

Michael Pento, this week’s Market Update video expert guest, thinks it’s willful delusion. History is crystal clear that disconnects like we have today between (over-inflated) asset prices and the underlying (contracting) economic reality always result in crisis — either a deflationary repricing, or a destruction of the purchasing power of the currency.

Michael shares the 20 financial and economic metrics on the dashboard of indicators he tracks to determine where we are in this story, and which outcome is looking most likely to happen when. This week’s interview is worth listening to for that list alone.

At this point, as go the leading Tech stocks, so go the markets.

So much capital has crammed into the tech sector this year that it boggles the mind.

But we’re now seeing a trajectory that we’re familiar with — a near-vertical blow-off top.

With the market suddenly struggling here, what’s more likely: a roll-over or a resumption of the rally?

John Rubino joins us this week to discuss the implications of the massive price bubble the Fed continues to blow in stocks and bonds.

His command of history shows that what’s happening today has plenty of historical precedent, and always ends in painful currency crisis and social revolt against the ruling elite.

Will this time be any different?

For weeks now, we’ve been warning that the ongoing melt-up in the markets isn’t sustainable. The higher it shoots, the more painful the inevitable correction will be.

Well, yesterday (Thursday, June 11) was certainly painful…