Thoughtful Money with Adam Taggart · Tuesday, August 4, 2026
Michael Pento explains that market cycles, typically lasting months or years, have compressed to weeks or even days. He attributes this volatility to fluctuations in fiscal and monetary policy, as well as the moods of political leaders, making it challenging for investment models to keep pace.
“Usually these cycles Adam, the duration is months, and years, and models the business cycle, which is a function of fiscal and monetary policy.”
“But since February 28th, the cycles have been very compressed. And they've become a matter of weeks and even days sometimes.”
“It's just it's difficult to make a lot of money this year at all because the cycles have been so, uh, dependent on the mood swings of the IRC and the president.”