Harvard Trained Economist: The Great Crash Of A Lifetime Begins In 2020

When does the great sale of a lifetime on financial assets occur? Harry Dent has the answer to that and a whole lot more…

by Harry Dent via Economy & Markets

I noticed this cycle right away in my research in the early 1980s: Substantial stock market bottoms have come every 20 years, and major ones every 40.

That 40-year cycle would correspond to the generation waves of spending that have actually peaked 39 years apart, in 1929, 1968 and 2007.

Twenty years would be half of that cycle and double the average recession cycle that occurs roughly every 10 years and corresponds with sunspots. Cycles tend to be more powerful on alternating swings, as Market Timing Report’s Andy Pancholi taught me. So, we actually have 10-, 20- and 40-year cycles hitting just ahead.

Look at this chart back to 1929 showing these two cycles. Major lows occurred in May 1942 and August 1982 for stocks. Minor lows occurred in late 1962 and 2002.

Reasons for a Crash 

The next major low on both cycles would be targeted for mid- to late-2022.

I have been quoting this scenario for decades, not just years. That’s how consistent these two cycles have been.

There are other reasons I am looking for the “crash of a lifetime” starting by sometime in 2020 and the “sale of a lifetime” on financial assets by late 2022+.

The 45-year and double 90-year Super Bubble/Great Reset Cycle also bottoms around 2022, following previous major bottoms right on cue in 1932 and 1842.

My infamous Generational Spending Wave forms a 3-year bottom between 2020 and 2023.

I know that governments have and will continue to throw the kitchen sink at this bubble to keep it going… especially Tantrum Trump. But you simply can’t keep a bubble going forever any more than an orgasm…

If there is any time this greatest and most pervasive bubble in modern history will burst, it is in this extreme danger zone of 2020-2022.

A normal 2-3-year crash, that would have to start sometime in 2020, preferably early 2020, as has been my best forecast. It could well be later in the year if Trump starts sending people money directly to get re-elected, as in his suggested payroll tax cut.

If it doesn’t happen by then, we have finally died and gone to heaven… a land of endless happiness with no cycles ever again… and I will be residing permanently in hell!

 

Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.