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The intermittent advancing market for equities mores than; after December, stocks will certainly begin a nonreligious multi-year decrease, starting with a 40% modification by April, claimed Harry Dent, creator of HS Dent.
" If we see one more brand-new reduced in the stock exchange, I predict we are not going to see brand-new high up on the Dow, S&P, NASDAQ, biotech, you select anything … you're not visiting new highs on anything for decades," Dent said. "You didn't see brand-new highs after 1929 for 24 years."
Keep tuned to component 2 of this meeting on gold.
0:00 – Consumer investing
6:28 – End of economic healing
9:15 – Securities market crash
13:05 – Causes for the collision
17:29 – Buy stocks at low?
18:10 – What occurred to Japan in the 1990s?
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Harry Dent: Stocks to crash 40% by April and won't rebound for decades, here's why (Pt. 1/2)
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.”
Stay tuned to part 2 of this interview on gold.
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?
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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