Highly-respected economic analyst Stephanie Pomboy of MacroMavens.com notes that the discrepancy between today’s record financial asset prices and the underlying economy they’re supposed to reflect are the farthest off she’s ever seen in her entire career.
But worse than that, she expects that the central banks and their respective government will continue their stimulus expansion, stoking inflation and continuing to worsen society’s accelerating wealth inequality problem.
Which — let’s face it — has become a massive social outrage.
Yes, wealth inequality was very concerning prior to the pandemic. But since? The choices the central planners have made since have only made the problem much, much worse:
That’s disgusting: our response to the pandemic essentially was to make the already-rich substantially richer by taking wealth from those who could least afford to lose it.
The social, economic and financial repercussions to this will be widespread, dangerous, and long-lasting.
Which is why Pomboy agree that now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:
Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.
And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical resilience preparations.
We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.
But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.