Fiscal & Monetary Madness To Blow Up Bonds, Stocks & Housing In 2026? | Michael Pento

Video Description

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com When today's guest was on this channel earlier this year, he warned that a 'triumvirate" of three massive asset price bubbles -- in credit, real estate and stocks -- threatened to take down our fragile economy and dash the retirement hopes for millions. Since then, the bubbles have only expanded. Will they expand further -- or pop -- in 2026? To find out, we have the great good fortune to welcome money manager Michael Pento back to the program. #bonds #stocks #housingmarket 0:00 - Asset Bubbles Threat 2:09 - Bubbles Expanding or Popping in 2026 2:49 - IDC Model Defensive Shift on November 6 5:03 - Financial Conditions Tightening 5:38 - Reverse Repo Facility at Zero 6:03 - Positive Real Fed Funds Rate 6:58 - Bank Reserves Declining 7:24 - Yen Carry Trade Erosion 8:07 - AI Credit Default Swaps Widening 8:30 - Move Index Spiking 9:20 - Reduced Equity Exposure to 15% Net Long 10:14 - No Rate Cut Expected in December 11:19 - Williams' Rate Cut Statement 12:06 - Powell's $40 Billion QE Program 13:09 - Lid on Financial Deterioration 13:33 - Two Salient Risks for 2026 14:23 - Fiscal Dominance in Policy 15:24 - Reserve Balances Slide 16:07 - Reverse Repo Facility Details 16:52 - Japanese Benchmark Yield Rising 18:05 - Fiscal and Monetary Madness 19:17 - Yen Carry Trade Size Estimates 20:52 - End of Yen Carry Trade 21:58 - Model Monitoring for Allocation Changes 22:43 - Three Dangers for 2026 23:48 - AI Credit Bubble Burst Probability 25:13 - Highest Risk: Fiscal/Monetary Madness 27:03 - Bottom 80% Economic Injury 27:25 - Wealth Gap Narrowing by Top Decline 28:05 - Argument for Active Management 28:57 - 2008 Crisis vs Current Differences 30:17 - Why Care About Bubbles 31:03 - Allocation by Sector Shifts 32:47 - Pentoport Website and Services 34:34 - FOMC Pushing Off Reckoning 35:43 - Credit Spreads and Conditions Monitoring 36:37 - Reasons for Different Outcomes Next Time 37:37 - Buffett Indicator Negative Returns 38:57 - Personal House Price Drop Example 40:07 - Florida House Down 20% 41:23 - Bank Distress from Sun Belt Loans 42:00 - 10-Year Yield Not Declining 43:13 - Bond Vigilantes Awakening 44:02 - Learning More About Michael Pento 45:02 - Professional Financial Advisor Help 46:26 - Junk Silver Offer 47:26 - Closing Remarks _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC. Copyright © 2025 Thoughtful Money LLC. All rights reserved.