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Entries by Michael Pento from 05/2008

What if the Lifeguard Can't Swim?

| Posted 05.08.2008 | Business

Yesterday's earnings report from government sponsored Fannie Mae should cause investors to question whether the very entity charged with saving the real estate market will actually need to be rescued itself.

Getting Real With GDP

| Posted 05.16.2008 | Business

The Consumer Price Index claimed that consumer's energy costs were unchanged while the actual price of crude oil rose 12.5% and gas prices rose 11% -- that's some adjustment!

The McDonalds Falling Dollar Menu

| Posted 05.30.2008 | Business

Because the dollar has fallen 40% in the last six years, McDonalds may have to reduce quality, raise prices or both in their famed Dollar Menu.