Harry S. Dent Jr., Released on 1/24/25
The economy and markets have now been stretched almost 5 years past the natural peak of the 45-year technology/innovation cycle that has been supercharged with $27T of stimulus. The markets now seem to be in a “permanent plateau of prosperity” as quoted by leading economist Irving Fisher back in 1929. However, we may finally be seeing signs of a top in Bitcoin and stocks here with the recent short 6% crash in Bitcoin. If we can’t break back above the recent highs of $108,515, we are likely headed down and a break of $101,400 on Bitcoin will confirm a more bearish trend for 2025.
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder of HarryDent.com, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. Harry received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. He then joined Bain & Company as a Fortune 100 business consultant. He’s written numerous books, including The Great Boom Ahead (1992), The Great Depression Ahead (2008), The Great Crash Ahead (2011) and The Demographic Cliff (2014). His most recent novels are The Sale of a Lifetime and Zero Hour.
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