Harry Dent Predicts Imminent Market Crash in 2024


Economist Harry Dent is making a dire prediction for the markets in 2024, citing overvalued markets and excessive stimulus spending as causes for concern. He believes that the "everything bubble" will burst, leading to a significant crash, with potential declines of 86% in the S&P, 92% in the NASDAQ, and 96% in cryptocurrencies. Dent advises investors to be cautious and consider exiting the market temporarily to avoid massive losses. He also predicts a prolonged slowdown lasting 12 to 14 years and widening wealth inequality.

Read more at Fox Business >

Previous
Previous

Fossil Fuel Phase-Out Plans Remain Elusive After Global Climate Agreement

Next
Next

Tesla Raises Wages for Hourly Workers Amidst Unionization Pressures