For more than three decades, my grasp of economic and business fundamentals, demographics, and cycles has allowed me to empower my readers… to let them see ahead of the curve and prepare for booms and busts in the economy, the business cycle, and stock markets long before their peers.
Then something happened that I never believed could happen…
In 2008, when the economic winter season began to take its toll, central banks stepped up and printed trillions upon trillions of dollars.
Because of the deflationary cycle we should have been experiencing since 2008, their efforts have had a muted effect on the economy. For all the cash they’ve injected into the system, a 2% growth on average is pathetic.
But their efforts have had an outsized impact on the stock market, creating the most unpredictable and dangerous situation for investors that I’ve ever seen.
I mean, markets are totally unhooked from fundamentals.
Stock prices aren’t rising because of the underlying companies’ performance.
They’re not going up because people are spending that much more money or because the economy is booming stronger than ever.
So why are they increasing? Because of the something-for-nothing environment that central banks have created.
I explain this in more detail in my latest video and then discuss what I think we could see next:
Harry Dent takes a look back at what we saw play out in 2017… and a looks ahead to what 2018 will have in store for the markets, currencies and industries across the board. Read more… https://economyandmarkets.com/markets/gold/6-reasons-bet-u-s-dollar-2018/
Posted by Economy and Markets on Saturday, January 6, 2018
DISCLAIMER: This article expresses my own ideas and opinions. Any information I have shared are from sources that I believe to be reliable and accurate. I did not receive any financial compensation in writing this post, nor do I own any shares in any company I’ve mentioned. I encourage any reader to do their own diligent research first before making any investment decisions.
How the building envelope impacts your property investments
The building envelope is the barrier between indoor and outdoor environments. Here’s how it plays an important role in your...
What indicates the start of a bull market run?
Predicting the stock market is difficult. If it were easy, there would be a lot more millionaires in the world....
Boom and busts: Monetary inflation stemming from fractional-reserve banking
This was a constructive week for the Dow Jones, up 1.49 percent in the BEV chart.
How to make a road stop with your family like a pro
There's a lost art to doing a road stop. And that's a shame since road trips are a time-honored American...
Black swan events in the financial market: Can we predict them?
Black swans: Attributing sudden and often catastrophic events to such a beautiful bird seems grossly unfair. But panics, manias, crashes,...
- Sponsored2 days ago
White Label Liquid (WLAB) is the custom producer CBD investors should keep an eye on
- Business5 days ago
Tackling a tough travel problem? Hang up the phone
- Featured4 days ago
5 office design trends that will attract and retain millennial workers in 2019
- Featured4 days ago
Co-working: The office space trend that keeps expanding