The Next Crash Could Destroy Stocks AND Bonds | Michael Pento
Liberty and Finance: 10-22-2026
Michael Pento of Pento Portfolio Strategies warns that 2027 could bring a major financial crisis as America's $40 trillion national debt collides with record business debt, an AI spending boom, and dangerously inflated asset prices.
He argues that stocks could plunge 50% as the stock market, real estate, and credit markets face an unprecedented convergence of bubbles.
Pento also warns that Treasury bonds may fail to provide their usual protection during the next recession, leaving investors vulnerable to losses across traditional portfolios.
Meanwhile, another wave of Federal Reserve money printing could reignite inflation and erode purchasing power for years. He explains why he is growing increasingly cautious and what investors should understand before the next downturn hits.
INTERVIEW TIMELINE:
0:00 Intro
1:38 2027 crash
17:30 Preparedness
26:00 Pento Portfolio Strategies