The best economic decline ever before will certainly happen this year, and investors will certainly be taking the "greatest threat of [their] life" if they do not market now in advance of a full market wipeout, claimed Harry Dent, owner of HS Dent Publishing.
Speaking With Michelle Makori, editor-in-chief of Kitco Information, Dent stated that danger assets will sell-off in waves, with the first wave seeing markets go down as much as 40% and the entire bearish market phase amounting to a loss of 90% for the S&P 500, like what took place to technology supplies throughout the Dot Com Bubble bust of 1999.
Comply With Michelle Makori on Twitter: @MichelleMakori ()
Adhere To Kitco Information on Twitter: @KitcoNewsNOW ()
Follow Harry Damage on Twitter: @HarryDentjr ()
0:00 – Boom and breast
3:22 – 90% market collision
15:47 – Financial investment implications
18:21 – Treasuries, demographics
20:45 – Cryptocurrencies
25:59 – Emerging markets
30:33 – Inflation/deflation
33:23 – Gold
#stocks #HarryDent #investing
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