2024: Brace for the Biggest Stock Market Crash

1 min read
Source: Fox Business
2024: Brace for the Biggest Stock Market Crash
Photo: Fox Business
TL;DR Summary

Economist Harry Dent predicts that 2024 will bring the "biggest crash of our lifetime" due to overvalued markets and excessive stimulus spending. Dent warns that the current market bubble, which started in late 2021, will burst next year, resulting in significant declines in stocks, real estate, and cryptocurrencies. He advises investors to get out of the way and save themselves from massive losses. Dent criticizes the year-end market rally and urges Americans to prepare for a deep depression and deflation, which will widen the wealth gap. He believes the impact of the "everything" bubble will last for 12 to 14 years, with the millennial boom following thereafter.

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