The Julia La Roche Show · Thursday, September 24, 2026
Michael Pento, founder and president of Pinto Portfolio Strategies, forecasts that 2027 will be a challenging year for investors. He attributes this outlook to rising long-term interest rates, which he believes will be the catalyst for a significant economic downturn.
“And he thinks that we are headed toward a depression, or what he calls a hyperstagflationary environment.”
“Now, for the first time ever, he's giving more of a timeline. And he thinks that 2027 is going to be a very difficult year for investors.”
“He also thinks that rising long-term rates, that will be the pin that pops everything.”