Harry Dent: Stocks to crash 40% by April and won't rebound for decades, here's why (Pt. 1/2)

The cyclical bull market for equities is over; after December, stocks will begin a secular multi-year decline, starting with a 40% correction by April, said Harry Dent, founder of HS Dent.

"If we see another new low in the stock market, I predict we are not going to see new highs on the Dow, S&P, NASDAQ, biotech, you pick anything...you're not going to see new highs on anything for decades," Dent said. “You didn’t see new highs after 1929 for 24 years.”

Stay tuned to part 2 of this interview on gold.

0:00 - Consumer spending
6:28 - End of economic recovery
9:15 - Stock market crash
13:05 - Triggers for the crash
17:29 - Buy stocks at low?
18:10 - What happened to Japan in the 1990s?
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Видео Harry Dent: Stocks to crash 40% by April and won't rebound for decades, here's why (Pt. 1/2) канала Kitco NEWS