It’s back to front

This Economic Winter Season Has It Backwards: The Worst Is Yet to Come Harry Dent | March 14, 2019 Last Friday I talked about how we have been in a muted Economic Winter Season. We may have had the greatest stock market bubble ever, but our economic "recovery" has been the weakest on record, despite the strongest, globally-concerted stimulus ever. Here's a chart comparing the real GDP for the 11 years from the 1929 top through the 1940 bottom to the 11 years from 2007 to 2018. Notice how the cumulative GDP growth since 2007 is 19%? It was 20% from 1929 through 1940. That means this period has actually been slightly worse. How could this be? READ MORE » Trending Stories… The Difference in GDP Between Now and the Great Depression The Great Depression was a big deal, right? And we've been recovering since the financial and economic crisis at the turn of this century, right? Not so fast. The numbers show that our cumulative GDP over the last 11 years has been slightly WORSE than that during the 11 years between 1929 and 1940. See for yourself… David Stockman: "We're on the verge of the worst American crisis in nearly a century…" Debt is skyrocketing. The stock market is teetering on the edge. And Donald Trump is seeing his presidency self-destruct before his eyes. All of this adds up to a VERY dangerous situation for your wealth and your democracy. Learn the truth before it's too late. The Debatable Cost of Climate Change The best temperature modeling came together in the late 1990s and we started tracking temperature with these models in 2000. Since then, only one model has been accurate, and it calls for temperatures to increase modestly over the next 80 years if we do nothing. So, what does that mean for governments and corporations around the world? What Boomers Will Do to Real Estate and Nursing Homes Ahead Contrary to popular opinion, Boomers haven't started their trek through the peak spending wave in nursing homes yet. But as they do, they're going to have some serious impact… Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.