Previewing January's Boom & Bust
Harry Dent | December 20, 2019 | Today's rant is a preview of January's Boom & Bust, which we're putting out to subscribers early this round because of the holidays beginning next week. I believe that this upcoming issue is one of the most essential and all-encompassing reports on the current financial bubble, both in terms of how we got to this point and what it means for our future. So if you are a subscriber to the newsletter, I hope that you read it. And if you're not, I hope you are enticed enough by this preview to subscribe today. It may actually be in your inbox by the time you read this email. Anyway, the focus this month is on the difference between quantitative easing and its impact creating financial asset bubbles, and how the central banks' risky stimulus policies ended up creating this particular bubble even though that was not at all the intent. Normal stimulus policies focus on expanding bank lending through money supply expansion – and that didn’t work this time with our economy at peak debt. This is why we got financial asset inflation instead of the consumer price inflation gold bugs expected from such massive money printing. Now we're near the top of the greatest financial asset bubble in history, and paradoxically in a time of the weakest economic recovery in history. Those two things go together like oil and water, so we'd be best served to move forward trepidatiously and with some serious caution. Watch this week's video to learn a little more, and and click here to subscribe to Boom & Bust if you have not already. 
Harry Dent Trending Stories... Today's rant is a preview of January's Boom & Bust, which we're putting out to subscribers early this round because of the holidays beginning next week. I believe that this upcoming issue is one of the most essential and all-encompassing reports on the current financial bubble, both in terms of how we got to this... Years ago, I can remember my mom coming home from a day of shopping around the holidays and announcing that she'd saved over $600. My dad immediately asked the obvious question. How much had that savings cost? As we peruse the online and brick-and-mortar malls this last week before Christmas, we're barraged with seemingly great... How can the same houses go up far faster than inflation for decades, and that possibly be good for an economy? It only benefits older people who bought earlier, and the affluent who buy the most expensive ones that tend to bubble the most. I was just in Australia speaking to my favorite country and... I haven't worked in a traditional office in a long time. I miss some of the camaraderie, the ability to bounce ideas around, and the occasional happy hour. But I don't miss some of the personnel issues that pop up, like friction among co-workers, bad-smelling lunches wafting through the office, and the annual Secret Santa.... I always remind people and economists that Japan was the first Asian Tiger – the first to urbanize rapidly on an S-Curve to $40,000+ GDP per capita PPP and DC (developing country) status in just under 30 years. When I speak in South Korea, I tell them: You are Japan on a 22-year lag for... | 
No comments:
Post a Comment