Watch part 2 of this interview on gold: https://youtu.be/uLQUGpHQmug
The cyclical bull market for equities is over; after December, stocks will begin a secular multi-year decline, starting with a 40% correction by April, said Harry Dent, founder of HS Dent.
“If we see another new low in the stock market, I predict we are not going to see new highs on the Dow, S&P, NASDAQ, biotech, you pick anything…you’re not going to see new highs on anything for decades,” Dent said. “You didn’t see new highs after 1929 for 24 years.”
0:00 – Consumer spending
6:28 – End of economic recovery
9:15 – Stock market crash
13:05 – Triggers for the crash
17:29 – Buy stocks at low?
18:10 – What happened to Japan in the 1990s?
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Watch part 2 of this interview on gold: https://youtu.be/uLQUGpHQmug
He was off by a year and 100 points on the S&P, and he’s an expert 😂
Lol. Gold miners already crashed 50%….the average investors nightmare scenario is normal for any gold miner investor….you don't need to look at juniors. Just look at Newmont and Barrick.
This guys has been right so far.
Anybody watching this now!!
Harry is the best!
He is finally right with his prediction
Harry predicted the biggest market crash. That was last year. Market went up since then
Hmmm, I wonder how Harry feels now. He was a year late. Time will tell if the remainder of his predictions come true
Mr. Wrong Way.
August 2022 and still no official crash
OOps, too bad he keeps threatening to quit, he's been wrong so long that no one wants to hear it and most hope that he will quit.
Dent has been wrong so many times i just don’t believe him.
Permabear. Broken clock. Put a “Dent” in your financial profile with Harry Dent.
His first prediction turned out to be somewhat correct: the Nasdaq was down 20~30% from the peak. Not sure about his second prediction: no rebound for decades. Anyway we are now in a technical recession (as of Aug-2 2022). If the unemployment rate goes up, then we are in a real recession. The unemployment (layoff) will crash all asset classes including housing market.
So…did the stocks crash in April?
This didn’t age well
Wroooooong
12 months on and still no crash this guys a waste of space
Didn't happen.
haha well he nailed this didn't he, fair play
now.. 1 year later… well quite accurate..maybe miss a couple months.. we talking about trillion here
who is this fool.. 90% stock crash can be covered in 10 trades of 10%.. will all stocks crash ?
1 year later and damn… this guy was spot on. Kitco NEWS plz consider taking him back I need to hear more
Spot on