Do you agree with Harry's analysis? Comment below You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra months! Try it for 30 days or GET YOUR CASH BACK! nordvpn.com/davidlin Subscribe to my free newsletter: davidlinreport.substack.com/ FOLLOW HARRY DENT: Harry Dent's website: harrydent.com/ X (@HarryDentjr): twitter.com/HarryDentjr
This goes on and on......... I have a 7 figure ballpark goal and I intend spreading across maybe 50k - 150k on plummeting stocks, my question is how can I know when a market bottom has been reached?
Timing the bottom of the stock market is notoriously difficult, even for seasoned investors but consulting with a financial advisor can also provide personalized guidance tailored to your specific financial situation and goals.
Yeah that's true....... I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
Many people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, I needed a significant push to keep my firm solvent. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Lina Dineikiene a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. Thanks for sharing!!!
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Honestly, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. As I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.
I believe there are many ways in which the value of the U.S. dollar affects investing, but having a strong portfolio advisor to explore and experience a really varied market has never made understanding how to grow your money easier.
I was left holding worthless positions in the market in 2020 because to these market uncertainties, which is why I don't base my market assessments and decisions on rumors and hearsay. Before I started noticing any noticeable improvements in my portfolio, I had to fully redesign it with the assistance of an advisor; I've been working with the same advisor and have scaled up to $750k.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $$275k to $850K...
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
'Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Overall, most traders think this year would favor stocks, and other equity-based investments over Treasury yields and other cash-like investments. I’m still looking for opportunities in the market that yields huge profits and hedge against crash or recession.
look for stocks that have steadily paid for decades without cutting their dividends even during crisis. imho, speaking to a certified market strategist/advisor can be more helpful than harmful at this point
Well agreed, working with an advisor can save you time and allow you to focus on other endeavors. My portfolio is well-matched for every season of the market and recently hit 300% rise, since covid-19 outbreak to date. I'm only about 10% shy of my 7 figure target.
i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
Can't divulge much, I delegate my excesses to someone of great expertise ''Karen Lynne Chess'' preferably you can look up the name on the web, her qualifications speak for itself.
thanks for putting this out, curiously googled Karen Lynne Chess and at once spotted her consulting page, she seems highly professional from her resumé
The market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make an recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
Well, this could be a very good time to make profit from the market. But because it's a frantic period, it's often best you employ the service of a financial advisor. I was up almost 90% during the COVID crash because I was working with one.
I've benefitted from using a financial advisor too. I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
That's incredible. I've bee wanting to make the switch to using a financial advisor myself but I've been hesitant. Could you recommend who you work with for me please?
*Marissa Lynn Babula* is the licensed coach I use. Just research the name. You'll find necessary details to work with a correspondence to set up an appointment.
From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 180k to a decent 632k in the space of a few months... I'm especially grateful to Teddy’s Alfred , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Teddy Alfred continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
I had $150K in cash savings sitting in the bank with minimal gains, so I decided to invest in stocks after hearing about people profiting even during market crashes. However, my portfolio isn't performing as well. How should I invest at this point?
Guess you did not do enough research on stocks you bought. there are strategies that can get you a lot of profit in the market, but you have to consult with a finance expert to help you diversify your porfolio
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Carol Vivian Constable is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
Honestly financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Rachel Sarah Parrish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Yes they are printing FIAT millionaires! As long as the Bigger Fool LAW (no longer a theory) is followed, people will get rich taking advantage of the vulnerable, less knowledgeable, ignorant, institutional investment plans. Pump and dump.
@donaldjohnson-o4w I remember that hearing Harry Dent said that on one of the video a few years ago
Месяц назад
@donaldjohnson-o4w Harry said it would happen by year end previously. Personally I think this wave of selling is a buy opp. If it takes til Dec for that rally to run its course Trump is going to be in danger of holding the bag. I wonder what flavor hat Harry prefers for Xmas dinner? Maybe David can ask him next time.
With around $250k to invest, what's your advice on entering the market? I'm considering replicating the strategies of experts instead of investing independently to avoid both financial losses and emotional stress. What are your thoughts on this approach?
Exploring the option of diversifying your portfolio by blending stocks and stable assets could be a wise move. Consulting with a financial expert at this point may offer valuable perspectives and tactics to handle market uncertainties and safeguard your investments.
Agreed, my portfolio is well matched for every market season, yielding 60% from early last year till date. I and my advisor are working on a 7-figure ballpark.
Your financial advisor must be really good, Wehrine. I hope it's okay to inquire if you're still working with the same advisor and how can I get in touch with them?
Harry isn’t wrong in regard to his analysis. The market is incredibly overvalued and we definitely are in a bubble. The problem is, no one knows where the top is. Anyone who says otherwise is lying and only occasionally right out of randomness. Timing the market is a fools errand.
For as long as enough people believe, that the stock market is the only way to preserve their wealth throughout this insane money printing, the stocks are not going to crash. If you look at BTC price, you can tell people run on faith a lot and for a long time.
Don't let Nvidia's NVDA30K pass you by. This is a monumental moment in history, and you don't want to be left out of the loop. Get in on the ground floor now!
People wii soon realize AI is nothing more than a verbose summary of search engine results. It's ruined the internet forcing you to sift through endless drabble to find information. There will be an AI bust
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Jessica Lee Horst has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Thank for the content!!! All we need is the right advice on how to invest in crypto and we will be set for life , made $24k from trading last month and so happy about it.
I will advise you stop investing on your own and seek for guidance from a professional, I don't invest on my own anymore, I always required help and assistance
Definitely Individual Stocks. The potentials with them are way too big when compared to the S and Ps. The thing is you have make good research so you bet on the right ones, alternatively, you can use a good financial expert to help you out (that way you don't have to do the job and minimize risks). Made my first million few weeks back during the Nvidia rise, on the other hand, the S and Ps have had less than 30% increase in the past 3 years.
I don't really understand your first question. For the second, yes I did. You should start by looking out for those from good firms and good records. Also make sure the person is licensed. Personally, I use Michael, Allen Eckrich. He's good and you could also look him up too.
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
His observations are correct but his forecasts are wrong. He thinks inflation will stop because it's bad. That's stupid. We're on the path to Argentina, like Lyn Alden says
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
YES!!! that's exactly her name (Mrs Andrea Megan ) so many people have recommended highly about her and I'm just starting with her from Brisbane Australia🇦🇺
What "saved" us in 2008/2009?!? 1) QE 2) Fiscal deficits 3) Zero interest rates. It was NO great recession. It was a DEPRESSION. What is delaying what Harry Dent is calling for?!? 1) Massive debt buying by central banks and the like 2) Countries running Fiscal deficits 3) Countries with ZERO (or negative) interest rates. So, of course, things "looked" good. Anyone reading this .... Do you honestly think the world central banks go back to ZERO interest rates and MASSIVE QE, all the while with countries passing MASSIVE fiscal deficits?!? If you said yes, then Harry Dent is wrong. If you said no, then Harry Dent is right. BTW ... if you said yes, expect starter homes to cost $750,000, cars to inflate by 65%, food costs to soar. Pick your poison, people. Pick your poison.
How would houses cost 750k if half Americans don’t actually have a job. Those job reports are all just a makeover. Mostly Illegal immigrants minimum wage jobs and people driving Uber to make end meets OR people working 3 side geeks because they lost their actual carrier jobs. Inflation happens when people actually have money to spend. QE does not necessarily means inflation.
We should be in a depression but to call the year is impossible now with the socialist spend but 27-37 in that time frame a great chance for a 29 type depression - Don’t fear It will be painful but it will save the USA DOE ANOTHER 100 years- if not we’re on a 50-75 time line to end of ISA as it is
didnt you hear a word he said? If it wasnt for the government giving handouts this economy would have had a real nice correction the last financial crisis in 2007
Harry Dent called a 20% or more correction in the price of gold in 2012. Gold went down over 30% in the next 6 to 7 years. I listened to him because nobody else would at the time. His advice saved me a bundle. My colleagues(coin dealers) were irate with me for discussing the subject. The price advances in 2010 and 2011 were parabolic so it was really easy for me to decide. The problem was that nobody else could see it at the time. He only has to be right 1% of the time for constantly calling for crashes. Just use a little common sense.
It's worth noting that his analysis is sound, and that his calls have been terribly wrong not because he's stupid, but because the market manipulation and situation has been insane for years. On the other hand, I get it that it's hard to time the call precisely. BUT, for him to keep saying "I predicted that 5 or 10 or 20 years before it happened"... THAT'S NOT HOW IT WORKS! It's like saying "I told you it's gonna rain 11 months ago.
Nope that comparison is garbage. The weather can't be artificially stimulated and manipulated. Blaming Dent for the stock market manipulation is pure ignorance.
@prolific1518 how on earth did you conclude that I'm blaming him for the manipulation?!! I was saying the opposite, in fact. When the feds INVENT something as wicked and horrible as QE, how could Dent or anyone factor that in their speculation? That's why I wrote that his analysis is sound.
I have read over a 100 books and trade the markets daily. They all say he is correct, just early. Smart people are always early. The key is the timing. Which folks say is impossible, which of course is nonsense. Just difficult, a skill set. Like a surgeon who has years and years of skill under his/her belt. The stock market is no different. It has some of the smartest people in the world in it. Folks want to come in and act like they are genius... when in fact they have just been lucky for the last 15 years during the longes bull market in history. Luck is not skill and we are about to see who has skill and who was lucky. I worry for most.
He does but nothing he says ever comes true because the Fed steps in and doesn't allow things to get to far. Someday he may be correct but if you been taking his advice for the last 16 years you would still be hiding under the mattress with your worthless fiat currency. 😊
I am not. Folks think they are genius .. making money the last 15 years in the longest bull market in history has been easy. They got lucky. Luck is not skill and we are about to see who was lucky and who has skill. Now we just wait for the FED to cut and the yield curve to reinvert.... history shows that when that has happened (every time) the market crashes shortly after. We are getting close.
Thank you for your videos... BTC price has been volatile lately, but I believe it's crucial to focus on educating newcomers on strategies beyond simply holding through market dips. One advantage of this space is the ability to buy during dips and actively trade, generating profits while awaiting inevitable price increases. Many people lack a deep understanding of how this market operates. Charts cannot predict asset movements with certainty; prices fluctuate up and down. Despite this volatility, the market remains profitable.... I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
80% equities 20% cash. I plan to take advantage of the s&p500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
Considering Bitcoin's evolution, I aim to capitalize on its potential. With an 80% allocation to equities and 20% in cash, my strategy incorporates the S&P 500's anticipated growth of over 10% this year. My primary concern lies in optimizing a sizable stock and bond portfolio to achieve significant returns while mitigating risk.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions
I agree, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise fromm early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q1 next year
great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks, Gold and alternative assets that can help build wealth over time
Anyone who understands basic logic knows his analysis is largely right. Unfortunately to many people are blinded by their wishes or outright paid to not understand that an eternal exponential increase of debt is, mathematically, not going to work.
@@CreativeBotSam Another 20 isn't possible. Interest rates below 0, retail, won't work. 10 years is for sure possible. One more cycle. But I wouldn't count on it. This could very well be the one.
The deflation and bust is not the scary part. It’s the cure, not the problem. That’s basic Austrian Economics. What really worries me is inept government and FED officials and how they will react to this situation. I think it will be by unlimited QE and fiscal stimulus in a desperate attempt to jump start the economy and money velocity. This will cause hyperinflation in the long run and devastate our country due to the loss of purchasing power and the loss of the reserve currency status 😢
Can't have hyperinflation as the reserve currency and the world isn't in any position to transition before the US causes the global collapse to maintain hegemony.
The more and more I study the patterns of history, the more I see that we can’t escape human nature and the reality of the world we live in. Not allowing the economy to reset is a kin to not allowing small fires in the forest to clear out the undergrowth naturally. What transpires is deadwood building up and then catastrophically igniting creating an aftermath of destruction that’s 10 times harder to recover from.
this guy has missed the biggest bull run in the stock market because of his chicken little mentality. Even if he his right so what, people have already made their money.
hes probably going to die before any sort of collapse, and he most likely doesn't even own any significant amount of US debt to his name to even be mad about it
@@lesmoe524 I bet you he didn't miss it, i bet he profited greatly from it, people always assume he means to take your money and hide, he's literally been warning people this ponzi is going to collapse, that is all.
Dent has been on every show for the last decade calling for a crash. Eventually, he will be right, but why can someone be wrong for so long and still be considered credible? Dent’s misses: 1999: Predicted a roaring 2000s with a Dow at 35,000. Reality: Dow peaked at 12,000 and the decade was a bust. 2006: Touted “The Next Great Bubble Boom.” Investors enjoyed a short run before the 2008 financial crisis. 2009: Published “The Great Depression Ahead” after the market bottomed. Missed the subsequent bull run. 2017: Predicted Dow at 3000-5000 after Trump’s election. Dow currently 7-12x higher. 2021: Called a -45% crash by June, then doubled down with an -80% by Thanksgiving. Market hit new highs. 2022: Finally hit a single with a -35% downturn, but missed the year-end rally. 2023: Doubled down on recession and another “big wave down.” Bitcoin rallied 200%, S&P 500 up 20%.
The thing about Dent that scares me is that when he will be right, it will be in a spectacular manner. I used to be a transport driver for a large in-house fleet. We had a guy who was a Cassandra; always predicting a "big layoff, buddy!" He went on like this for years. Then one day a goon squad came in from head office and told us it was over. 2K+ high paying blue collar jobs cut in one giant cull; shut down our whole distribution center. I'm afraid Dent's prediction will inevitably be correct.
Gareth totally talks on technical charts and always clearly mentions that he is swing trader and will forecast accordingly. No one is perfect but I trade with him and accuracy is way above 70% on his short term calls
At least he's not a fraud like Soloway who claims a near 100% win rate on trades when his members share that he has short most markets since late 2022 (ie the start of the bull market)
Who is going to lend the US Government money when all the credit cards are maxed out and we spend more on interest right now then we do on defense (which by the way has always marked the end of the premier super power)? I think they will try to prop it all up... the bond vigilaties come back out and press the 10 year yield way up... over 15% and then the Government will have to make a decsision. Does the FED come in and be the buyer of last resort and montize that debt? If they do the dollar goes to zero and none of this matters anyways. We are in a very scary spot right here right now. Please be careful.
Hahahahah 😅 Cheers! I personally want to utilise cannabis with him and look at charts and economic data. Apparently, cannabis can increase creativity and pattern recognition, which could aid the process.
Read this guy's book called the demographic cliff ten years ago and he's been making money by screaming that the sky is falling ever since. The last interview I could stand to watch was early 2023 when he said that if the bubble hadn't burst by the end of the year, he would quit his job as a doomsday economist since he obviously didn't understand what was really going on. Yet, here he is - still at it. I do think he could very well be correct, but it's just hard to know there are guys like this out there with the same message on repeat for decades, and when it finally happens, they say I told you so. If he believes what he's preaching, he couldn't have grown his portfolio much over the years and has missed out on some serious profits. One bad day on the stock market after a long stretch of gains, and the internet comes alive with the doomsday prophets. I'm betting we have one more big leg up before a crash towards the end of the year, but my guess is as good as this guy's. Don't overreact based on his predictions unless you want to "Dent" your wallet.
Be careful .. we are close to the FED cutting and the yield curve reinverting. Both are perfect at predicting a recession or depression. Trouble is most have not studied this stuff so think a rate cut is bullish. They will buy (go long) that event to just be taken out.. if they go on margin they will lose more than they have. Folks need to be really careful right here right now. This longest bull market in history (15 years) will come to an end. And if it is the longest... might it be followed by the longest bear market in history?
The Fed was too careless by lowering the interest rates for so long that it created this major inflation. Now they are trying to stop inflation by raising interest rates, now we may see a depression.
Harry. Who the hell is going to buy 30 yr treasury bonds at zero. This govt will print money like never before. Which will drive up prices for necessary items for life. Gold has been around for 5000 years treasuries have not.
All these guys arguing against him would then say "nobody could have ever seen this coming...", or "he said -94%, and it was only -92.5%, so he was wrong."
Not crazy at all... I have been building my short position for over a year. Early yes... but that is okay .. IMHO when the FED cuts and the yield curve reinverts (Sahm rule already triggered last week) ... we go into free fall. Almost nothing will be safe. Please be careful.
Harry makes a good point regarding demographics. A declining birth rate means less spending in the economy in that families with children spend more and societies spend more on activities and schooling for children. Granted an aging population puts demand on health care services and retirement services, but it is a naturally declining growth compared to the future growth that children bring to a society. It is no accident that the West is compensating for this with mass migration, but the quality of growth is not the same as a natural birth rate, both on an economic and social integration level. Immigration as a quick fix to an economic problem due to demographic decline only puts pressure on a society's infrastructure and social cohesion, not to mention putting additional challenges on immigrants trying to adapt and integrate into a new society.
Anyone who says the rich are the ones who are gonna be hit worse than the ‘everyday guy’ when this bubble bursts is out of touch. It’s always the poorest who get impacted the most.
He doesn't wish it to crash, he feels strong possibility and warning ppl to prepare. A lot of real estate financial gurus on RUclips have expected a housing crash for the past six to five years. Harry isn't the only person to see a bubble. The question is, what would stop rich corps and funds from buying more commercial and housing foreclosures? Who is going to rent all those office spaces if there is a crash?
People will call Harry Dent a basket 🧺 case but ask yourself this: If the economy is so healthy, why does the government continually intervene? Yeah, it's a free market alright. You are free to take on even more debt and pay ever increasing prices. 😳
Notice no one can reply and deny what you're saying. This economy is garbage and the plebs thinking they will get rich at the top of the stock market will get crushed the most.
Right, it's unhealthy, but they will continue to intervene. Which means we will see more inflation. So prepare for that by buying assets like real estate or equities. Just because a policy is bad doesn't mean it won't stay in force.
I have read over a 100 books on all this stuff... and they say he is right. The timing is what is tricky. I think we will know for sure when the FED cuts and the yield curve reinverts. If 4 weeks after that goes down and we are doing okay... the government was able to kick the can down the road again and we are getting ready to have hyperinflation... while the economy is tanking... Also known as STAGFLATiON. And we haven't see that since the 80's. Folks will have no idea how to act.
Cmon now Harry does do tons of research and provides lots of stats and data to back his thesis. He doesn't just spew out feces like Jim Crapper on CNBC.
This year does look very similar to 2007. Rates being at 5.25%, negative divergence on 2 year yield monthly chart(which is rare) unemployment rising from extremely low levels , yen carry trade issues in August like August 2007 and yield curve coming out of inversion after over 500 days of being inverted.
You didn’t ask him to explain his gold thesis really thoroughly. He references history, but what if this time there are different circumstances and he is wrong. Lots of other gold guys would disagree with that aspect for sure.
In 1950 world population circa 3 billion, 2024 world population circa 8+billion. The huge population today is sudden and nobody was really ready for this since the 80s.
There's only one major flaw with Harry's argument. If everything is in a bubble, then there is NO bubble. Instead there is only debasement in all fiat currencies that show the value of the "bubble". A bubble needs to be relative to everything else that isn't in a bubble that it then has the potential to correct spectacularly.
This is a great point I've never heard anyone make. Maloney calls it "everything except PM bubble", so that's valid. I guess Harry's argument should really be "everything except treasuries bubble", which seems *invalid* if you look at a 50-year chart of yields. I follow the market sniper who correctly predicted the treasury turn-around. He insists inflation is here to stay and the existing debt (ie treasuries) has to be devalued. They may indeed lower rates, but who (except the FED and Harry) will buy treasuries if inflation keeps rising? Never mind civil war, world war, and zombie-presidents? I'm f*!cked if I'm going to invest in the US government.
THanks for having Harry on. He is 100 percent right. Banks failing, dollar down, commercial real estate vacancies all time highs. Follow Buffett and you will see.
Thousand or something comments at least... Why not invite these people. It is all content and grift. It is not about actual advice or good analyst... Not that there is anyone everyone would agree on... It is all about being able to post video and then get people fight in comments.
Don't dismiss him so fast. Once the FED cuts and the yield curve reinverts we will know. Both of those things are Bearsish signals not bullish ones. Be careful.
All of these trolls in the comment section are a sign that David is doing something right: someone is making a coordinated effort to convince the viewers that everything is "peachy". Every guest that predicts a contraction gets booed with a megaphone.
Do you agree with Harry's analysis? Comment below
You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra months! Try it for 30 days or GET YOUR CASH BACK!
nordvpn.com/davidlin
Subscribe to my free newsletter: davidlinreport.substack.com/
FOLLOW HARRY DENT:
Harry Dent's website: harrydent.com/
X (@HarryDentjr): twitter.com/HarryDentjr
I believe this is the same Harry who promised me $700 Gold.
Better yet. What does David think?
Great guest. Get ready for 3500 s&p
Don't lower yourself by association with Harry
Simon Hunt saying the same thing. Mr Lin its time for you and Mr Hunt to talk.
This goes on and on......... I have a 7 figure ballpark goal and I intend spreading across maybe 50k - 150k on plummeting stocks, my question is how can I know when a market bottom has been reached?
Timing the bottom of the stock market is notoriously difficult, even for seasoned investors but consulting with a financial advisor can also provide personalized guidance tailored to your specific financial situation and goals.
Yeah that's true....... I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
I've been considering this but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
Many people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, I needed a significant push to keep my firm solvent. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Lina Dineikiene a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. Thanks for sharing!!!
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
Her name is. *MARY TERESE SINGH*. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Honestly, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. As I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.
I believe there are many ways in which the value of the U.S. dollar affects investing, but having a strong portfolio advisor to explore and experience a really varied market has never made understanding how to grow your money easier.
I was left holding worthless positions in the market in 2020 because to these market uncertainties, which is why I don't base my market assessments and decisions on rumors and hearsay. Before I started noticing any noticeable improvements in my portfolio, I had to fully redesign it with the assistance of an advisor; I've been working with the same advisor and have scaled up to $750k.
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $$275k to $850K...
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
'Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Overall, most traders think this year would favor stocks, and other equity-based investments over Treasury yields and other cash-like investments. I’m still looking for opportunities in the market that yields huge profits and hedge against crash or recession.
look for stocks that have steadily paid for decades without cutting their dividends even during crisis. imho, speaking to a certified market strategist/advisor can be more helpful than harmful at this point
Well agreed, working with an advisor can save you time and allow you to focus on other endeavors. My portfolio is well-matched for every season of the market and recently hit 300% rise, since covid-19 outbreak to date. I'm only about 10% shy of my 7 figure target.
i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
Can't divulge much, I delegate my excesses to someone of great expertise ''Karen Lynne Chess'' preferably you can look up the name on the web, her qualifications speak for itself.
thanks for putting this out, curiously googled Karen Lynne Chess and at once spotted her consulting page, she seems highly professional from her resumé
The market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make an recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
Well, this could be a very good time to make profit from the market. But because it's a frantic period, it's often best you employ the service of a financial advisor. I was up almost 90% during the COVID crash because I was working with one.
I've benefitted from using a financial advisor too. I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
That's incredible. I've bee wanting to make the switch to using a financial advisor myself but I've been hesitant. Could you recommend who you work with for me please?
*Marissa Lynn Babula* is the licensed coach I use. Just research the name. You'll find necessary details to work with a correspondence to set up an appointment.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 180k to a decent 632k in the space of a few months... I'm especially grateful to Teddy’s Alfred , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
I Have seen post about Teddy Alfred. Pls how do i reach him..?
He's mostly on Telegrams, using the user name
@TeddyAlfred ✊
Add his first and last name along with his verified handles
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Teddy Alfred continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
I had $150K in cash savings sitting in the bank with minimal gains, so I decided to invest in stocks after hearing about people profiting even during market crashes. However, my portfolio isn't performing as well. How should I invest at this point?
Guess you did not do enough research on stocks you bought. there are strategies that can get you a lot of profit in the market, but you have to consult with a finance expert to help you diversify your porfolio
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
That's impressive! I could really use the expertise of this advisors because my portfolio has been down bad. Who is the person guiding you please?
Carol Vivian Constable is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
Its just begun, we should expect more percentage
Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,
Certainly not over yet, the Fed needs to make a decision and they need to make it soon
We need a balanced approach to address trade barriers and policies alike and nip this at the bud
Honestly financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Rachel Sarah Parrish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Dent has been wrong since the 1990s and said if he is wrong he would “quit”. He didn’t.
Dent thinks people forgot what he said.
I remember when he said he was going to quit if he wasn't right 2 or 3 years ago.
I have read his book 30 years ago, he has been consistent wrong for all this time why do people still listen to him.
Dent's early 90's book was his only accurate forecast and he's been surfing on it ever since.
@@edtizzard8064 Dent forgot what he said!!!!
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Don't let the crypto crash distract you from the reality that Nvidia's new NVDA30K is currently printing millionaires.
Yes they are printing FIAT millionaires! As long as the Bigger Fool LAW (no longer a theory) is followed, people will get rich taking advantage of the vulnerable, less knowledgeable, ignorant, institutional investment plans. Pump and dump.
Bull shit
What do you mean?
1 heavy day on the global markets and this guy comes out of the woodwork to call 56 of the last 3 recessions.
It'd have to be a massive drop. Like at least 25% from here at SPY 522.
As if this is a complete surprise to everybody and no one has predicted this
Is he wrong? This market is held up by funny money and fomo.
@donaldjohnson-o4w I remember that hearing Harry Dent said that on one of the video a few years ago
@donaldjohnson-o4w Harry said it would happen by year end previously. Personally I think this wave of selling is a buy opp. If it takes til Dec for that rally to run its course Trump is going to be in danger of holding the bag. I wonder what flavor hat Harry prefers for Xmas dinner? Maybe David can ask him next time.
With around $250k to invest, what's your advice on entering the market? I'm considering replicating the strategies of experts instead of investing independently to avoid both financial losses and emotional stress. What are your thoughts on this approach?
Exploring the option of diversifying your portfolio by blending stocks and stable assets could be a wise move. Consulting with a financial expert at this point may offer valuable perspectives and tactics to handle market uncertainties and safeguard your investments.
This is an insightful perspective to consider.
Agreed, my portfolio is well matched for every market season, yielding 60% from early last year till date. I and my advisor are working on a 7-figure ballpark.
Your financial advisor must be really good, Wehrine. I hope it's okay to inquire if you're still working with the same advisor and how can I get in touch with them?
That would be Desiree Ruth Hoffman.
If Harry Dent is saying this, it makes me want to load up on equities. This guy has been consistently wrong my entire adult life.
Came here to say this. I don't know how someone who has been so consistently and thoroughly wrong can have the audacity to keep making predictions.
Indeed, a broken clock has been right more often than Dent
@@xoctor and why on Earth does he still gets a platform?
they would never let the market fall this hard obviously they would bailout before ,, harry is delusional
Not a good indicator because he keeps saying things are bearish so things could be bearish for 1/10 of what he’s saying.
Harry isn’t wrong in regard to his analysis. The market is incredibly overvalued and we definitely are in a bubble. The problem is, no one knows where the top is. Anyone who says otherwise is lying and only occasionally right out of randomness. Timing the market is a fools errand.
It doesn't matter where the top is if you know where the bottom is. Why stick around to squeeze the last few drops?
He’s a joke
@@rosstulloch8100 he doesn’t know where the bottom is either
TLT or tmf bottom validation for me
For as long as enough people believe, that the stock market is the only way to preserve their wealth throughout this insane money printing, the stocks are not going to crash. If you look at BTC price, you can tell people run on faith a lot and for a long time.
Don't let Nvidia's NVDA30K pass you by. This is a monumental moment in history, and you don't want to be left out of the loop. Get in on the ground floor now!
I bought NVDA before the split in 2015 around $19 a share. That was a good time to get in not right now. there will be better opportunities to add.
Great shorting opportunity right now
Bubble you can not say don't miss out on making loads of money without saying you may lose half
@@ryanfranck9589are those bunch bots commends?
People wii soon realize AI is nothing more than a verbose summary of search engine results. It's ruined the internet forcing you to sift through endless drabble to find information. There will be an AI bust
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Jessica Lee Horst has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Thank for the content!!! All we need is the right advice on how to invest in crypto and we will be set for life , made $24k from trading last month and so happy about it.
How? I know it's possible, I would appreciate if you show me how to go about it
I will advise you stop investing on your own and seek for guidance from a professional, I don't invest on my own anymore, I always required help and assistance
from my personal Financial advisor
YES! that's exactly her name (Julia Rosa) I watched her interview on CNN News and so many people recommended highly about her and her trading skills.❤
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week
Dent says the market will crash every year.... he has to be right someday
It should have!!
@@Gabber44906 why
Every month he says that
He will be right.
@@cjay3543
Yeah, Harry will be right... But only he gets 20+ predictions wrong 1st.
This is probably the best time to buy. You'll be smiling to the bank in a few months time
Between S&P 500 and individual stocks, which will be better for short term gains say in 1 or 2 years time?
Depends on the individual stock
Definitely Individual Stocks. The potentials with them are way too big when compared to the S and Ps. The thing is you have make good research so you bet on the right ones, alternatively, you can use a good financial expert to help you out (that way you don't have to do the job and minimize risks). Made my first million few weeks back during the Nvidia rise, on the other hand, the S and Ps have had less than 30% increase in the past 3 years.
nice... this makes a lot of sense... how did you start? did you use an expert?.. how can I get one?...
I don't really understand your first question. For the second, yes I did. You should start by looking out for those from good firms and good records. Also make sure the person is licensed. Personally, I use Michael, Allen Eckrich. He's good and you could also look him up too.
Of all ppl to interview after the big dump….come on David
lmfao
Harry Dent is correct. We are in a bubble and the bubble will burst.
True. Only when the market meddling stops will he be right though. It’s inevitable but Gov is coming up with new ways to interfere in the market.
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
Hello!! how do you make such monthly, I’m a born Christian and sometimes I feel so down of myself 😭 because of low finance but I still believe God
Thanks to my co-worker (Carson ) who suggested Ms Susan Jane Christy
She's a licensed broker here in the states🇺🇸 and finance advisor.
After I raised up to 525k trading with her I bought a new House and a car here in the states🇺🇸🇺🇸 also paid for my son's surgery….Glory to God, shalom.
Can I also do it??? My life is facing lots of challenges lately
Be it a bit eccentric or excited…he does make rational sense.
His observations are correct but his forecasts are wrong. He thinks inflation will stop because it's bad. That's stupid. We're on the path to Argentina, like Lyn Alden says
🙂 Harry Dent .. classic..
i am gonna dress like Harry Dent at the Halloween party to scare people off
😂😂😂😂
Nobody will know who you are 😅
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
Sound good, How do you do that?I'm interested, how do I go about getting started?
Do you invest with a professional broker??I'd appreciate it if you show me how to go about it.
She's a licensed broker here in the state 🇺🇲 and finance advisor
YES!!! that's exactly her name (Mrs Andrea Megan ) so many people have recommended highly about her and I'm just starting with her from Brisbane Australia🇦🇺
Same here, with my current portfolio madefrom my investments with my personal financial advisor (Andrea Megan) I totally agree with you
What "saved" us in 2008/2009?!?
1) QE
2) Fiscal deficits
3) Zero interest rates.
It was NO great recession. It was a DEPRESSION.
What is delaying what Harry Dent is calling for?!?
1) Massive debt buying by central banks and the like
2) Countries running Fiscal deficits
3) Countries with ZERO (or negative) interest rates.
So, of course, things "looked" good.
Anyone reading this ....
Do you honestly think the world central banks go back to ZERO interest rates and MASSIVE QE, all the while with countries passing MASSIVE fiscal deficits?!?
If you said yes, then Harry Dent is wrong. If you said no, then Harry Dent is right.
BTW ... if you said yes, expect starter homes to cost $750,000, cars to inflate by 65%, food costs to soar.
Pick your poison, people. Pick your poison.
Thank you for your insight, take care
Real talk. The FED delayed Harrys call.
Starter homes already cost 800k. What are you talking about? All that stuff is already here
How would houses cost 750k if half Americans don’t actually have a job.
Those job reports are all just a makeover.
Mostly Illegal immigrants minimum wage jobs and people driving Uber to make end meets OR people working 3 side geeks because they lost their actual carrier jobs.
Inflation happens when people actually have money to spend.
QE does not necessarily means inflation.
We should be in a depression but to call the year is impossible now with the socialist spend but 27-37 in that time frame a great chance for a 29 type depression -
Don’t fear
It will be painful but it will save the USA DOE ANOTHER 100 years- if not we’re on a 50-75 time line to end of ISA as it is
Came for the financial advice.. But stayed for David’s HAIR 😂
Harry Dent hasn’t had a correct call in years he eventually will get one right.
Heal yeah This is Mr Dents time to shine !😅
No he won't.
We're headed towards hyperinflation, and he keeps crying about "corrections" as if it's 1999.
He has successfully predicted 37 of the past 2 recessions.
didnt you hear a word he said? If it wasnt for the government giving handouts this economy would have had a real nice correction the last financial crisis in 2007
Harry Dent called a 20% or more correction in the price of gold in 2012. Gold went down over 30% in the next 6 to 7 years. I listened to him because nobody else would at the time. His advice saved me a bundle.
My colleagues(coin dealers) were irate with me for discussing the subject. The price advances in 2010 and 2011 were parabolic so it was really easy for me to decide. The problem was that nobody else could see it at the time.
He only has to be right 1% of the time for constantly calling for crashes. Just use a little common sense.
It's worth noting that his analysis is sound, and that his calls have been terribly wrong not because he's stupid, but because the market manipulation and situation has been insane for years.
On the other hand, I get it that it's hard to time the call precisely. BUT, for him to keep saying "I predicted that 5 or 10 or 20 years before it happened"... THAT'S NOT HOW IT WORKS! It's like saying "I told you it's gonna rain 11 months ago.
Nope that comparison is garbage. The weather can't be artificially stimulated and manipulated. Blaming Dent for the stock market manipulation is pure ignorance.
@prolific1518 how on earth did you conclude that I'm blaming him for the manipulation?!! I was saying the opposite, in fact.
When the feds INVENT something as wicked and horrible as QE, how could Dent or anyone factor that in their speculation? That's why I wrote that his analysis is sound.
I think you might just want to revisit your stance on whether or not the weather can be modified.@@prolific1518
LOL yes the weather is manipulated Daily. Ever heard of cloud seeding??? We are in sn artificial world
I have read over a 100 books and trade the markets daily. They all say he is correct, just early. Smart people are always early. The key is the timing. Which folks say is impossible, which of course is nonsense. Just difficult, a skill set. Like a surgeon who has years and years of skill under his/her belt. The stock market is no different. It has some of the smartest people in the world in it. Folks want to come in and act like they are genius... when in fact they have just been lucky for the last 15 years during the longes bull market in history. Luck is not skill and we are about to see who has skill and who was lucky. I worry for most.
I’m surprised at the negative reaction to this video. I think he makes a lot of good points.
He does but nothing he says ever comes true because the Fed steps in and doesn't allow things to get to far.
Someday he may be correct but if you been taking his advice for the last 16 years you would still be hiding under the mattress with your worthless fiat currency. 😊
I am not. Folks think they are genius .. making money the last 15 years in the longest bull market in history has been easy. They got lucky. Luck is not skill and we are about to see who was lucky and who has skill. Now we just wait for the FED to cut and the yield curve to reinvert.... history shows that when that has happened (every time) the market crashes shortly after. We are getting close.
Thank you for your videos... BTC price has been volatile lately, but I believe it's crucial to focus on educating newcomers on strategies beyond simply holding through market dips. One advantage of this space is the ability to buy during dips and actively trade, generating profits while awaiting inevitable price increases. Many people lack a deep understanding of how this market operates. Charts cannot predict asset movements with certainty; prices fluctuate up and down. Despite this volatility, the market remains profitable.... I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
As a beginner, it's essential for you to have a mentor to keep you accountable..
Kerrie Farrell program is widely available online..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways..
David, according to Harry. We're all Financially Fooked!
When a Harry Dent video pops up, you know we’re at the bottom of the correction 😂
A little wacky but I like this guy.
The levels of economic corruption is just staggering. If I were rich, I’d be worried about societal breakdown.
only 94% down? 😂😂
he meant down 101%
sounds like he is getting more bullish
But why 94%? Why not 95%? He predicted in late 80s what would happen in 2007?? 😂😂
Im buying the dip😂
I think 86% ... thats my exact number.
80% equities 20% cash. I plan to take advantage of the s&p500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
Considering Bitcoin's evolution, I aim to capitalize on its potential. With an 80% allocation to equities and 20% in cash, my strategy incorporates the S&P 500's anticipated growth of over 10% this year. My primary concern lies in optimizing a sizable stock and bond portfolio to achieve significant returns while mitigating risk.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions
I agree, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise fromm early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q1 next year
great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks, Gold and alternative assets that can help build wealth over time
Jennafer Beaver Turner is the licensed advisor I use.
Just research the name. You'd find necessary details to work with to set up an appointment
One of the best interviews. Harry made some good points.
Anyone who understands basic logic knows his analysis is largely right. Unfortunately to many people are blinded by their wishes or outright paid to not understand that an eternal exponential increase of debt is, mathematically, not going to work.
This is true, but it could collapse next year or keep on going for another 20.
@@CreativeBotSam Another 20 isn't possible. Interest rates below 0, retail, won't work. 10 years is for sure possible. One more cycle. But I wouldn't count on it. This could very well be the one.
The deflation and bust is not the scary part. It’s the cure, not the problem. That’s basic Austrian Economics. What really worries me is inept government and FED officials and how they will react to this situation. I think it will be by unlimited QE and fiscal stimulus in a desperate attempt to jump start the economy and money velocity. This will cause hyperinflation in the long run and devastate our country due to the loss of purchasing power and the loss of the reserve currency status 😢
Exactly.
This 100%
Get ready for the $300 blenders and $5000 washing machines.
Can't have hyperinflation as the reserve currency and the world isn't in any position to transition before the US causes the global collapse to maintain hegemony.
Unfortunately, the growth since 2008 has largely been paid for with inflation, which takes money from the poor and gives assets to the rich.
Dent came out of the basement after making this crash call every quarter finally? LOL.
Exactly. Dude was probably shaving his isolation beard just before going on camera.
@@crap8011 HAHAHA! So true. He does his little videos still, but turns the comment section off. These fear RUclipsrs are so sad.
@@crap8011 I mean 94%? Give me a break.
One day, he'll be right.
The more and more I study the patterns of history, the more I see that we can’t escape human nature and the reality of the world we live in. Not allowing the economy to reset is a kin to not allowing small fires in the forest to clear out the undergrowth naturally. What transpires is deadwood building up and then catastrophically igniting creating an aftermath of destruction that’s 10 times harder to recover from.
When everyone is laughing at this guy, he’s going to be right. I don’t make the rules.
this guy has missed the biggest bull run in the stock market because of his chicken little mentality. Even if he his right so what, people have already made their money.
I'm laughing the last 20 years with all his wrong predictions clown.
hes going to be right sooner or later
hes probably going to die before any sort of collapse, and he most likely doesn't even own any significant amount of US debt to his name to even be mad about it
@@lesmoe524 I bet you he didn't miss it, i bet he profited greatly from it, people always assume he means to take your money and hide, he's literally been warning people this ponzi is going to collapse, that is all.
Dent has been on every show for the last decade calling for a crash. Eventually, he will be right, but why can someone be wrong for so long and still be considered credible? Dent’s misses:
1999: Predicted a roaring 2000s with a Dow at 35,000. Reality: Dow peaked at 12,000 and the decade was a bust.
2006: Touted “The Next Great Bubble Boom.” Investors enjoyed a short run before the 2008 financial crisis.
2009: Published “The Great Depression Ahead” after the market bottomed. Missed the subsequent bull run.
2017: Predicted Dow at 3000-5000 after Trump’s election. Dow currently 7-12x higher.
2021: Called a -45% crash by June, then doubled down with an -80% by Thanksgiving. Market hit new highs.
2022: Finally hit a single with a -35% downturn, but missed the year-end rally.
2023: Doubled down on recession and another “big wave down.” Bitcoin rallied 200%, S&P 500 up 20%.
Forgot about him, he’s been wrong a long time
Because he has no idea how bad it is.
I think he thought this huge bubble was going to happen in 2016. Wrote a book about it. Wrote a bunch of books about crashes. lol
The thing about Dent that scares me is that when he will be right, it will be in a spectacular manner.
I used to be a transport driver for a large in-house fleet. We had a guy who was a Cassandra; always predicting a "big layoff, buddy!" He went on like this for years. Then one day a goon squad came in from head office and told us it was over. 2K+ high paying blue collar jobs cut in one giant cull; shut down our whole distribution center. I'm afraid Dent's prediction will inevitably be correct.
@@randolphstead2988nailed it
agree..
David's hair is coming around (finally!), who's with me?
This guy is competing with Gareth Solloway for the most accurate prediction guru
You mean most inaccurate😂?
Gareth totally talks on technical charts and always clearly mentions that he is swing trader and will forecast accordingly. No one is perfect but I trade with him and accuracy is way above 70% on his short term calls
At least he's not a fraud like Soloway who claims a near 100% win rate on trades when his members share that he has short most markets since late 2022 (ie the start of the bull market)
Haaaaa
😂😂😂 beareth
Dudes predictons would have been right if it werent for money printing to kick the can down the road. He cant predict that they will do that
"If you are going to predict that something will happen, don't be so stupid to say when it will happen" ~ Confucius
Dent is underestimating the power of the “plunge protection team”.
Who is going to lend the US Government money when all the credit cards are maxed out and we spend more on interest right now then we do on defense (which by the way has always marked the end of the premier super power)? I think they will try to prop it all up... the bond vigilaties come back out and press the 10 year yield way up... over 15% and then the Government will have to make a decsision. Does the FED come in and be the buyer of last resort and montize that debt? If they do the dollar goes to zero and none of this matters anyways. We are in a very scary spot right here right now. Please be careful.
“94% correction on the NASDAQ” he says.
Come on bro.
😅😅😅😅 right
as Peter Schiff says , relative to the price of Gold
I need to buy way OTM puts ASAP! Haha 💪🏽 Bro, we could make >100× gains 💪🏽😅
Why are people lining up to criticize this guy ? Everything he sais about Government intervention akin to drug injections is entirely rational.
Broken clocks are right twice a day… maybe it’s that time what do you guys think?
Even 50% drop would be a big prediction.
i would give it a 50/50
Harry Dent is absolutely right. Great guest.
I would love to sit down with Harry over a bottle of vodka and discuss macro. Good times guaranteed.
Hahahahah 😅 Cheers! I personally want to utilise cannabis with him and look at charts and economic data. Apparently, cannabis can increase creativity and pattern recognition, which could aid the process.
I was laughing when David asked Harry if they should do an emergency cut now. He nearly burst a nerve and exploded.
Read this guy's book called the demographic cliff ten years ago and he's been making money by screaming that the sky is falling ever since. The last interview I could stand to watch was early 2023 when he said that if the bubble hadn't burst by the end of the year, he would quit his job as a doomsday economist since he obviously didn't understand what was really going on. Yet, here he is - still at it. I do think he could very well be correct, but it's just hard to know there are guys like this out there with the same message on repeat for decades, and when it finally happens, they say I told you so. If he believes what he's preaching, he couldn't have grown his portfolio much over the years and has missed out on some serious profits. One bad day on the stock market after a long stretch of gains, and the internet comes alive with the doomsday prophets. I'm betting we have one more big leg up before a crash towards the end of the year, but my guess is as good as this guy's. Don't overreact based on his predictions unless you want to "Dent" your wallet.
He is not wrong, he is ahead of time.
A broken clock.
One day... right?
Be careful .. we are close to the FED cutting and the yield curve reinverting. Both are perfect at predicting a recession or depression. Trouble is most have not studied this stuff so think a rate cut is bullish. They will buy (go long) that event to just be taken out.. if they go on margin they will lose more than they have. Folks need to be really careful right here right now. This longest bull market in history (15 years) will come to an end. And if it is the longest... might it be followed by the longest bear market in history?
When this guy becomes active on RUclips/social media, it is probably the best time to buy.
Mr POSITIVE on the show! 😅😅😅
The Fed was too careless by lowering the interest rates for so long that it created this major inflation. Now they are trying to stop inflation by raising interest rates, now we may see a depression.
Big crash? Absolutely possible. Another 20-30%.. sure. 94%... nah.
Harry. Who the hell is going to buy 30 yr treasury bonds at zero. This govt will print money like never before. Which will drive up prices for necessary items for life. Gold has been around for 5000 years treasuries have not.
Wouldn’t it be crazy if this guy was right or he came close to being right.
All these guys arguing against him would then say "nobody could have ever seen this coming...", or "he said -94%, and it was only -92.5%, so he was wrong."
Not crazy at all... I have been building my short position for over a year. Early yes... but that is okay .. IMHO when the FED cuts and the yield curve reinverts (Sahm rule already triggered last week) ... we go into free fall. Almost nothing will be safe. Please be careful.
Harry makes a good point regarding demographics. A declining birth rate means less spending in the economy in that families with children spend more and societies spend more on activities and schooling for children. Granted an aging population puts demand on health care services and retirement services, but it is a naturally declining growth compared to the future growth that children bring to a society. It is no accident that the West is compensating for this with mass migration, but the quality of growth is not the same as a natural birth rate, both on an economic and social integration level. Immigration as a quick fix to an economic problem due to demographic decline only puts pressure on a society's infrastructure and social cohesion, not to mention putting additional challenges on immigrants trying to adapt and integrate into a new society.
F@ck YES! Harry Dent is bang-on about this whole mess - delivered with no bullshit.
except for his adherence to the propaganda surrounding the extraordinary popular delusion of 2020.
It's coming. Folks have their heads in the sand. That will not save them.
Anyone who says the rich are the ones who are gonna be hit worse than the ‘everyday guy’ when this bubble bursts is out of touch. It’s always the poorest who get impacted the most.
Thank you! Finally someone who gets it. This IS EXACTLY how I think and he is right.
12hr crash recovery in Japan. Everyone may now rest easy
Imagine the glory Harry and Pete Schiff will be basking in when the World ends.
I am not dyslexic, but I read your posts as "Imagine the glory hole Peter Schiff will be basking in when the world ends..." hahahaha for real.
He doesn't wish it to crash, he feels strong possibility and warning ppl to prepare. A lot of real estate financial gurus on RUclips have expected a housing crash for the past six to five years. Harry isn't the only person to see a bubble. The question is, what would stop rich corps and funds from buying more commercial and housing foreclosures? Who is going to rent all those office spaces if there is a crash?
8% is yearly debasement of the currency and getting 4.5% on a treasury is not going to cut it.
Fantastic show fantastic show and fantastic Guest. This is becoming a go to channel for me😊
He only got it right on one thing : it’s better to lose your job than to lose your capital 😂
People will call Harry Dent a basket 🧺 case but ask yourself this:
If the economy is so healthy, why does the government continually intervene?
Yeah, it's a free market alright. You are free to take on even more debt and pay ever increasing prices. 😳
Notice no one can reply and deny what you're saying. This economy is garbage and the plebs thinking they will get rich at the top of the stock market will get crushed the most.
One good question deserves another: On whose behalf is the FED intervening?
Right, it's unhealthy, but they will continue to intervene. Which means we will see more inflation. So prepare for that by buying assets like real estate or equities. Just because a policy is bad doesn't mean it won't stay in force.
Exactly. Plus, why are people squealing at 5% interest rates saying the are ‘high’.
I have read over a 100 books on all this stuff... and they say he is right. The timing is what is tricky. I think we will know for sure when the FED cuts and the yield curve reinverts. If 4 weeks after that goes down and we are doing okay... the government was able to kick the can down the road again and we are getting ready to have hyperinflation... while the economy is tanking... Also known as STAGFLATiON. And we haven't see that since the 80's. Folks will have no idea how to act.
Harry is always early, but his thesis is right. Without govt intervention we’d be in very bad shape a long time ago
If he's right... does it even count? I'd argue no at this point.
Harry Dent : the kind of guy who either dies a hero or lives long enough to become the villain.
Given the quantity of good finance interviews out there now, why would you waste your time watching this second hand car salesman?
Cmon now Harry does do tons of research and provides lots of stats and data to back his thesis. He doesn't just spew out feces like Jim Crapper on CNBC.
This year does look very similar to 2007. Rates being at 5.25%, negative divergence on 2 year yield monthly chart(which is rare) unemployment rising from extremely low levels , yen carry trade issues in August like August 2007 and yield curve coming out of inversion after over 500 days of being inverted.
I was just thinking about Mr Dent. His day is finally here... well I'll be damn 😅
Well i aint got much to lose. So hell yeah Im in. Let's roll Harry !!!
You didn’t ask him to explain his gold thesis really thoroughly. He references history, but what if this time there are different circumstances and he is wrong. Lots of other gold guys would disagree with that aspect for sure.
Finally a guest that knows what the hell he's talking about! 💯👍
Lol gtfo out of here and go watch CNBC if you think this guy is right about ANYTHING
In 1950 world population circa 3 billion, 2024 world population circa 8+billion. The huge population today is sudden and nobody was really ready for this since the 80s.
Even Gareth Solloway watches this guy and goes damn lol.
beareth soloway 😂😂😂
Gareth is the new dent.
@@Yodrop baby dent 😂
In 2021 Mr Dent was calling for $1200-900 gold. He’s already rich and has more than most so no big deal to be wrong so often
Love Harry's emotion!! appreciate it
There's only one major flaw with Harry's argument. If everything is in a bubble, then there is NO bubble. Instead there is only debasement in all fiat currencies that show the value of the "bubble". A bubble needs to be relative to everything else that isn't in a bubble that it then has the potential to correct spectacularly.
This is a great point I've never heard anyone make. Maloney calls it "everything except PM bubble", so that's valid. I guess Harry's argument should really be "everything except treasuries bubble", which seems *invalid* if you look at a 50-year chart of yields. I follow the market sniper who correctly predicted the treasury turn-around. He insists inflation is here to stay and the existing debt (ie treasuries) has to be devalued. They may indeed lower rates, but who (except the FED and Harry) will buy treasuries if inflation keeps rising? Never mind civil war, world war, and zombie-presidents? I'm f*!cked if I'm going to invest in the US government.
This is an excellent interview with Harry Dent.
THanks for having Harry on. He is 100 percent right. Banks failing, dollar down, commercial real estate vacancies all time highs. Follow Buffett and you will see.
David is desperate for guests? Why this clown?🤣
He is a good man, not a clown.
Thousand or something comments at least... Why not invite these people. It is all content and grift. It is not about actual advice or good analyst... Not that there is anyone everyone would agree on... It is all about being able to post video and then get people fight in comments.
Don't dismiss him so fast. Once the FED cuts and the yield curve reinverts we will know. Both of those things are Bearsish signals not bullish ones. Be careful.
All of these trolls in the comment section are a sign that David is doing something right: someone is making a coordinated effort to convince the viewers that everything is "peachy". Every guest that predicts a contraction gets booed with a megaphone.
I wonder what Harry’s net worth is. And… what were the sources. Was he invested as he advised others if impending doom again and again