Commentary The coming new year will be fraught with risk due to the removal of central bank and government supports. This could very likely lead to a collapse of the most overvalued stock market in history. According to the Conference Board, U.S. economic growth is set to slow from 5.5 percent annual growth for all of 2021, to 3.5 percent during 2022. Of course, Wall Street apologists almost never predict a recession until we are in the middle of one. Nevertheless, it is clear that the growth of the economy will slow significantly next year. And, in the view of Pento Portfolio Strategies, the risk of a recession and an asset bubble collapse is high. S&P 500 EPS growth will plunge from 45 percent this year, to just 5–6 percent in 2022. Again, this is the optimistic view that leaves a great deal of room for error to the downside …