Michael Pento: Buy & Hold Investors To Get Wiped Out

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Stocks are on track to end 2024 on a high note.

The S&P is up roughly 27% so far, hitting new record highs all throughout the year.

Will the party continue into the New Year?

Or will 2025 be a less enjoyable one for investors?

To find out, we're fortunate today to talk with money manager Michael Pento. president of Pento Portfolio Strategies.

He maintains a 20-point model that guides his portfolio allocation, and today we'll hear what it's advising him to do right now.