Harry Dent: Stocks to crash 40% by April and won't rebound for decades, here's why (Pt. 1/2)

Harry Dent: Stocks to crash 40% by April and won't rebound for decades, here's why (Pt. 1/2)


  • Label: Editor Picks at Editor Choices
  • Editor: Imanta Maulana
  • Curator: Rives
  • Picked at: November 26, 2020 at 04:19AM
  • Youtube:https://www.youtube.com/watch?v=f6Xoown-P54


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? __________________________________________________________________ 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. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://ift.tt/2jx3kmz Twitter - https://twitter.com/kitconewsnow Google+: https://ift.tt/2we2mov StockTwits - https://ift.tt/2rkOjsq Live gold price and charts: https://ift.tt/2zhyJDm Live silver price and charts: https://ift.tt/2xRAp16 Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://ift.tt/2w8c2js Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://ift.tt/2x2aB2u Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

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