Harry joined Economy & Markets TV’s Dave Okenquist with a midday update on the markets. We’ve seen wild swings in stocks over the past six weeks. Every day brings crazier and crazier headlines that induce panic on Wall Street.

The Fed’s signaled that it’s going to keep raising rates and unwind its balance sheet even if stocks slip. Meanwhile, the White House seems to think stock prices are high enough to implement policy changes that will shake up markets, at least in the short term.

We’re hearing grumblings about possible antitrust action against e-commerce giant Amazon. And, of course, the biggest impact on the markets comes from news on escalating actions that could lead to a trade war with the world’s second-biggest economy, China.

But allowing for small shocks to the markets is a dangerous game because there’s no guarantee of containing the damage.

Harry spotted a possible scenario for stocks that resembles one of the worst market crashes in history.

In this scenario, the market tanked so quickly and so deeply, that traders had no chance of getting out in time… unless they had a plan, a message that Harry stressed yet again in my chat with him today.

Is Your Portfolio Ready for What's Next?

Investing is no longer a set-it-and-forget-it affair. If you’re still using that outdated approach in today’s irrational markets, you’re setting yourself up for massive losses and a difficult retirement. There’s a much… Read More>>
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.