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Markets

Stock markets to crash 90% this year, followed by best buying opportunity in lifetime – Harry Dent

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The greatest financial downturn ever will happen this year, and investors will be taking the “biggest risk of [their] life” if they don’t sell now ahead of a complete market wipeout, said Harry Dent, founder of HS Dent Publishing.

Speaking to Michelle Makori, editor-in-chief of Kitco News, Dent said that risk assets will sell-off in waves, with the first wave seeing markets drop as much as 40% and the entire bear market phase totaling up to a loss of 90% for the S&P 500, not unlike what happened to tech stocks during the Dot Com Bubble bust of 1999.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Harry Dent on Twitter: @HarryDentjr (https://twitter.com/HarryDentjr)

0:00 – Boom and bust
3:22 – 90% market crash
15:47 – Investment implications
18:21 – Treasuries, demographics
20:45 – Cryptocurrencies
25:59 – Emerging markets
30:33 – Inflation/deflation
33:23 – Gold

#stocks #HarryDent #investing
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

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At least 19 dead, including 9 children, in Bronx apartment fire

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At least 19 people are dead, including nine children, in a catastrophic fire that broke out at a high-rise apartment building in the Bronx Sunday, officials said.

Eyewitness News has the latest details: https://7ny.tv/3n6DmHO

Check out more Eyewitness News – http://7ny.tv/2suJHTd

NEW HERE? –

Hi! We’re abc7NY, also known as Channel 7 on TV, home to Eyewitness News, New York’s Number 1 news. We hope you love us on YouTube as much as you do on television!

OUR SOCIAL MEDIA –

FACEBOOK: https://www.facebook.com/ABC7NY/ TWITTER: https://twitter.com/abc7ny INSTAGRAM: https://www.instagram.com/abc7ny/

NEW TIPS:

Online: https://7ny.tv/36UsL9a

Phone: 917-260-7700 Email: abc7ny@abc.com

#abc7NY #bronxfire #nyc

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Stock market plunges ahead of inflation data

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Former Forbes Chairman and editor-in-chief Steve Forbes on the market selloff, inflation, the Federal Reserve and Manhattan DA Alvin Bragg defending a soft-on-crime approach.

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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