Inaccurate ●●●●●
2024 will bring the biggest stock market crash of our lifetimes (he cited an 86% fall in the S&P 500).
“I think 2024 is going to be the biggest single crash year we'll see in our lifetimes.”Markets
Harry Dent
Economist, demographic-trends forecaster and author of The Great Depression Ahead
Market strategistEconomist10predictions
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1accurate
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Predictions
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Inaccurate ●●●●●
Bitcoin (then about $23,000) will fall to $3,250 before starting a longer-term boom.
“I think it goes down to $3,250, and then it starts a longer-term boom,”Crypto
Inaccurate ●●●●●
US stocks will keep falling in a crash (S&P 500 down as much as 86%) to an ultimate low around July 2024.
“I feel like the ultimate low at this point for stocks is likely to be… July or so of 2024,”Markets
Inaccurate ●●●●●
Gold (then about $1,900/oz) will fall to $900-$1,000 an ounce by mid-2024.
“I'm predicting that gold goes down to $900 to $1,000.”Markets
Inaccurate ●●●●●
The Dow will fall to 5,000-5,500 by October 2020.
“We have been bubbling since 2009 – I am projecting that the Dow will go down to 5,000 – 5,500 in the next two to three years”Markets
Inaccurate ●●●●●
After topping near 17,000, the Dow will fall to about 5,800 within a few years of August 2014 (by end of 2017).
“the Dow is going to go to about 17,000 and then a few years from now it is going to test the bottom at about 5,800.”Markets
Inaccurate ●●●●●
2010-2012 will bring the worst economic and banking crisis since the early 1930s, worse than 2008.
“2010 to 2012 will bring on the greatest economic and banking crisis since the early 1930s”EconomyBanking
Inaccurate ●●●●●
The US will go through a deflationary, 1930s-style depression from 2010 to 2023.
“From 2010 to 2023 we will see a depressionary, deflationary downturn that will look and feel like the 30s.”Economy
Inaccurate ●●●●●
The Dow Jones Industrial Average will reach 35,000 by the end of 2009.
“we are still predicting the Dow at 35,000 in late 2008 or 2009.”Markets
Accurate ●●●●●
After large deficits into 1992, the US federal budget will be balanced or in surplus by 1998-2000.
“will likely be in a balanced budget or surplus by 1998 to 2000.”EconomyPolitics