Wall Street’s Fantasy Is About To Morph Into A Nightmare

KingWorldNews.com
July 12, 2014

With a non-stop flow of propaganda from Western mainstream media outlets, today Michael Pento sent King World News a fantastic piece which warns that Wall Street’s fantasy is about to morph into a nightmare. Pento also states that savvy investors can profit from what will be a shocking transition.

By Michael Pento of Pento Portfolio Strategies

Pimco is putting all its chips on the table, betting that low interest rates, along with lower and more stable global growth, will last for the next three to five years; an economic condition it is referring to as the “new neutral.” In fact, the company is so convinced of this “sure thing,” it’s placing a straight bet –selling insurance against price fluctuations on their $230 billion flagship bond fund, Pimco Total Return….

The Rest…HERE

This entry was posted on Saturday, July 12th, 2014 at 5:33 pm and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.