Economy 'Very Weak' Despite Brief Rally

Michael Pento says the economy is "very, very weak" despite a brief 3-day stock market rally. He warns of a market correction or even a recession due to high valuations, a liquidity drought, and asset bubbles. Pento believes the Fed cutting interest rates would be a mistake and predicts they'll instead be forced to cut more aggressively later this year.

Trading 360

27 Mar 2025

SHARE

Schwab Network's Newsletters

Daily insights for every investor