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

Saturday, July 12, 2014
By Paul Martin

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

July 12 (King World News) – Wall Street’s Fantasy Is About To Morph Into A Nightmare

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

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