Liberty and Finance
Premiered Mar 2, 2023
Low interest rates have caused a huge stock market bubble, says portfolio manager Michael Pento. As the Fed is raising rates, investors are waking up to this reality as they see their portfolio values crash. Will it get better for investors? For many investors it will not. The negative effects of rising interest rates from near 0% to 5.5% are still largely yet to come, says Pento.
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