Harry Dent, a market historian and newsletter writer, warned investors that the recent bounce in stock prices would be followed by an even bigger decline.
“We had this first crash, a tepid bounce, and now we’ll have another one of the same magnitude,” the market historian and newsletter writer said in a recent radio interview.
Notably, Dent touted the expected downturn as a chance for young people to invest at reasonable prices, generate robust returns, and save for retirement. He recommended investing in multifamily real estate and long-dated Treasury bonds before asset prices crash.
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