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Article by Jane Wollman Rusoff in Think Adviso
Strategist Harry Dent Jr. has been predicting “a great reset of the biggest financial asset bubble in history”. Now it is here, he tells ThinkAdvisor in an interview.
“The biggest crash of our lifetime is in progress,” he declares. “We’re probably about 30% of the way into it. I’m calling this ‘Tech Wreck 2’ because it’s the second crash led by tech stocks.”
Dent is strongly recommending that investors “Get out of risk assts. This is your last chance to sell.
Get out of the way of the crash! Sell right now!” he urges.
“You don’t wait [till fall]. The market will go down harder and faster” than it did earlier this year, he says. By the end of 2022, it will be at “new lows. By then it will be………….
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