Goldseek Radio, Released on 1/7/24 (Recorded on 1/5/24)
Harry S. Dent Jr., “The Dean of Demographics,” founder of harrydent.com joins the show from Puerto Rico (4% taxes and 0% capital gains!), says 2024 could be rocky for financial markets, mirroring the 2008 Great Recession.
– Is the US equities markets nearing a top?
– Why has the Russell 2000 index not registered the gains of the big cap indexes?
– Could 2024 be remembered for a stock market crash?
– The rate cuts of 2024 could take longer to positively impact the markets.
– Will the Fed allow a recession in 2024, a Presidential Election Year?
– Gold is trending up and could continue higher for months, notes our guest.
– Demand from India and China could send the PMs soaring.
– Harry identifies a 90 year market bubble that seems to regularly impact nations.
– Typical buy-and-hold investment strategies may require adjustment.
– Harry suggests 10 year US Treasury Bills and 30 year US Treasury Bonds as a safe haven.
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.