Harry Dent -- Economic Carnage 2015 : Stocks have entered Bubble Territory

Harry S. Dent Jr. - Summary:

• Stocks have entered bubble territory, setting the stage for Credit Crisis part II.
• Although the Dow Jones Industrials could gain another 2,000 points, 20,000 could be the bull market zenith, leading to a precarious selloff.
• The next global financial bubble implosion could be the end of all bubbles with the exception of hard cash.
• As massive global deleveraging unfolds, trillions of dollars in debt will evaporate leaving only short-term government bonds and to some degree, physical gold.
• The Fed won't raise rates this year.
• Plunging crude oil prices may have considerably further to fall making the energy sector a less attractive investment.
• The economic carnage could benefit most Americans / global inhabitants, as deflation will vastly reduce house prices.

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