If you’re heavily investing in index funds, you’ll definitely want to take note of Dent’s warning. Posted on March 2, 2021 by admin Then you’ll have another bucket — of short stocks, not leveraged. They‘ve been the biggest driver of this bubble. And with the $1.9 trillion fiscal stimulus bill, we’re wiling to stimulate 40-something percent of GDP just to prevent a slowdown in the economy. Gaming is up. They pulled out the A-bomb right at the beginning. This week, we sit down with Harry Dent, Founder of HS Dent Investment Management. I thought, if I just move the birth index of baby boomers forward from when they’re going to spend the most money — age 46 — I can predict boom to bust. By October, the U.S. will be in the throes of deep economic decline, he says. Anybody that says it will be V-shaped is an idiot. I have 40-year cycles in demographic booms or busts. This is an everything bubble. I couldn’t talk them out of it because they think real estate will never go down. And he is now a master of what is being called “the new science of finance.”. But it will get to a point where it’s not going to matter how much money is printed — and then you’ll have an avalanche. The next crash will be worse than the last one because it will come from higher levels and [plummet] to lower levels. Dent price prediction for October 2021 The Dent price is forecasted to reach $0.0107105 by the beginning of October 2021. According to CBS News, Harry Dent's predictions in his books have never been right. L'imparable excuse de Meghan Markle qui n'assistera pas aux funérailles du prince Philip. Tottenham vs Man Utd LIVE! I am sure one day he will be right. The Demographic Cliff : How to Survive and Prosper During the Great Deflation Ahead. Sign Up. Now we’ve gone into an instant depression. This is where the bubble is, and that’s where it’s easy to get money. They’ll say, “Now we’re in a decade-long-plus depression, like the 1930s.” But I’ll say, “Nope, this thing will be hell: It’s going to do its work very fast. After December, stocks will begin a secular multi-year decline, and that will begin with … Le prince Harry et Meghan Markle sont sous le feu des critiques. One of the best indicators is money velocity. And with the $1.9 trillion fiscal stimulus bill, we’re wiling to stimulate 40-something percent of GDP just to prevent a slowdown in the economy. 2/1/2020 7:00 PM. skysports Tottenham vs Man Utd LIVE! A lot of that [money] does go into businesses and consumers’ hands, and they turn around and spend it. The S&P falls to 2,100 — lower than the March 2020 low — and that would be a 47% to 48% drop from recent highs, though it may go to 4,000 first. “Since 2008, we’ve been in the winter season, in which high-quality bonds do best. Bubbles build exponentially; then you have a final orgasmic phase, which I warned of last fall when the repo crisis erupted. Last Update. One of these days it will be considered illegal, I hope. Secondly, people will be smart enough to get around it, like they always are, in some ways. They better listen now and learn from this crash because a second real estate bust is coming. Share this: ... TWEETS & LATEST TRENDING MEMES My Tweets. That is a fake boom,… His newest title — in paperback and on Kindle — is “What To Do When the Bubble Pops: Personal and Business Strategies for the Coming Economic Winter” (G&D Media, March 19, 2020). Here’s Harry S. Dent Jr. taking the stock market’s temperature: It’s at fever pitch! “It’s the riskiest market since 1929,” he argues. Advisors are looking at a robust job outlook over the short-term problem — the virus was receding it. 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