The markets rallied a little on Thursday, up 400 points on the Dow. But Friday’s jobs report was low, and we’re not seeing any indications that we’ll be getting off this collision course with a recession any time soon. Even with the 400 points, it’ll still take a climb up to 28,000 for me to believe we’re breaking into this final Dark Window rally I’ve been talking about for the past year.

Recession calls were not as loud this week, but we’re continuing to see slowing everywhere – in countries and in industry. Housing and construction indexes are trending down, RV sales, retail, financials…

We’ll need to watch what the Donald does. He’ll certainly try something, and many say his next effort will be to distribute money directly to consumers. But that’s a band-aid, and hardly a sustainable one at that. By late 2020-21, we’ll be in a recession for sure, though I still think we’ll be in it by mid-next year.

A crisis is coming, and for me, the sooner the better. Time to get it over with.

“The Greatest Crash of our LIfetime Will Begin”

Even though the markets rallied this week, Harry Dent is still concerned about the future as we continue to see troubling indicators on the rise. Watch now to get the latest on the disappointing jobs report, slow global economic growth, & more. Check out Harry’s latest bestseller, Dark Window, here:

Posted by Economy and Markets on Friday, September 6, 2019

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Harry Dent
Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.