Investment firm Delta Global Advisors, Inc. named Michael Pento, a noted economic theorist and expert in Austrian school of economic theory, as a senior market strategist.
“It is our intention to showcase some of the finest minds in the business,” said the president of Delta Global, Chip Hanlon. “Michael is quite bearish at present, but he’s a great addition to our team and his investment opinions will always be welcome, regardless of whether they jibe with my own at any particular time since I deeply believe that a variety of high-minded analysis is best for our clients.”
A 15-year industry veteran whose career began on the floor of the New York Stock Exchange, Michael Pento recently served as a vice president of investments for Gunn Allen Financial. Previously, he managed individual portfolios as a Vice President for First Montauk Securities, where he focused on options management and advanced yield-enhancing strategies to increase portfolio returns.