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Gerald Celente & Michael Pento

Gerald Celente & Michael Pento

April 28, 2017 Featured GuestsGerald Celente & Michael Pento  Please Listen Here Show HighlightsMichael Pento, President and Founder of Pento Portfolio Strategies makes his debut on Radio. Fed policymakers are bluffing on rate hikes - their true intention is rate cuts, amid 350% national debt per GNP."The Fed will never again be able to normalize interest rates (allow to climb significantly) without sending the economy into a tailspin.""The Fed has already tightened enough to send the economy (domestic) into a recession." Officials no longer have the luxury of low interest rates after holding rates low for 100 months (8+ years). According to the Atlanta Fed's numbers, the economy is approaching recessiony GDP - Michael Pento anticipates a recession in 2017.While the official US unemployment rate, the U3 suggests near full-employment, the more accurate / traditional metric, the U6 is ominous. The U6 indicates nearly 100 million Americans are underemployed. The next