“The DOW is going to crash to a degree we haven’t seen since the Great Depression.”
– Harry Dent.
The man who called nearly every major economic trend over the past 30 years…including the 1991 recession, the bull market and housing boom of the last decade and, most recently, the credit and housing bubble has issued a startling new prediction.
Our economy is currently moving through a winter season, where Harry Dent expects to see the historic drop to DOW 6,000…with potential to eventually plummet down to 3,300.
This monumental crash is a result of a “perfect storm” of economic and demographic realities brewing that will likely make the next few years some of the most trying times in U.S. economic history.
Why should you listen to Harry Dent?
This is the most important forecast from the Harvard-educated business strategist and best-selling author who predicted nearly every major boom and bust of the last 25 years. For example…
In his 1989 book, Our Power to Predict, Harry foretold of the economic collapse that hit Japan in 1990.
Then in The Great Boom Ahead, he predicted America’s completely unanticipated boom at the end of the 20th century.
In February of 2000 — at the exact moment the tech bubble peaked — he released an alert to his readers, warning them to get out of Internet stocks.
And in 2011 — months before the euro zone crisis began — he sounded the alarm of the coming European fiscal nightmare.
Each time, the “experts” said he was wrong. Each time, he was exactly right.
What Affects Should We Be Expecting to See in the Coming Months?
Harry’s diligent research has uncovered four unavoidable, long-term economic forces that are about to deal a devastating blow to the market. These cyclical patterns collided only once before in the last 100 years — during the depths of the Great Depression, between 1930 and 1934.
That’s why there will be a shattering slowdown beginning this year and lasting into the 2020s.
But knowing that a crash is coming is the first step toward protecting yourself from its effects.
Here is what you can expect in the coming months:
- Unemployment will remain high.
- Housing prices will fall an additional 15% despite the biggest stimulus plan in history and the lowest mortgage rates in 40 years.
- State and municipal governments will be forced into default, especially at the city and country level. Their budgets are already in crisis and the Federal Reserve is running our of money with which to cushion these instirutions.
- Commodities will continue to fall, with gold dropping to $700 an ounce and oil plunging to $10 a barrel.
- China’s bubble will burst sooner rather than later, sending the global economy into a tailspin.
- Europe will remain weak, especially as Germany careens off its own demographic cliff.
All of this will put the major equity indices on a volatile roller coaster ride that could end with the Dow losing as much as 70% by 2023.
So the time to prepare is now.
In his exclusive report, Path to Dow 6,000, Harry Dent explains how much more upside there is for stocks. More importantly, he gives you all the information you’ll need to survive the coming crash and prosper in its aftermath.
Specifically, you’ll learn…
[list][item icon=”fa-arrow-circle-right” ]What to Put in Your Portfolio Right Now.[/item][item icon=”fa-arrow-circle-right” ]Two Investments You Must Make After the Next Crash.[/item][item icon=”fa-arrow-circle-right” ]Five Invaluable Asset-Protection Steps to Take.[/item][/list]
You can get this insightful report immediately when you sign up for Economy & Markets , our free daily e-letter.
The mission at Economy & Markets is to empower readers to see ahead of the curve, so that they will not only survive the next great downturn but prosper from it as well. The only way to do this is to show what no one else is paying attention to… predictable, profitable trends.
In this publication, our expert editors look ahead for things the average investor just can’t see… the next Harley Davidson, the next Microsoft, the next Netflix, when to buy or sell gold… when to buy or sell real estate… when to get into Dow stocks… and when to get out.
Economy & Markets will arrive in your inbox six days a week, providing you with Harry Dent’s in-depth research on consumer spending patterns, demographic trends, economic cycles and technology adoptions. You’ll also get invaluable contributions from Harry’s fellow editors, Rodney Johnson and Adam O’Dell. Together, they’ll arm you with the information you need to make the best financial, business and investment decisions possible.
Simply enter your email below: