Harry Dent, Economy & Markets Daily, Released on 7/8/16
The great commodity bubble has been steadily bursting since mid-2008, but has taken a nosedive since early 2011. It’s now down 70% overall, and 80%-plus in industrial commodities like iron ore.
Real estate has seen its first bubble burst and it clearly looks like a second one is on the way.
Stocks have now seen a third bubble and the largest burst is still just ahead… but, the question remains: when does it begin in this endless realm of QE and stimulus?
The bond and gold markets may give us some clues here. Look at the 10-year Treasury bond yield below:
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called “Survive and Prosper.” Mr. Dent accurately predicted Japan’s collapse in 1989, the dot-com bubble-bust in 2000 and the housing bust in 2006 to 2007 (among many other things). 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).