Trouble brewing at home

Real Estate Flashing Warnings Harry Dent | April 12, 2019 Did you know that the major leading indicator of the great 2008/9 financial crisis was real estate? In fact, real estate has played a significant role in the majority of economic and financial crisis of the last three centuries. The real estate bubble peaked in early 2006… way before the stock market bubble peaked in late 2007 and the economy went into recession in 2008. When things began melting down, the Fed stepped in and pumped the bubble back up. We’re now going on $16 trillion of global money printing to offset the depression. And remember, as I wrote recently, our GDP growth has been slightly worse than it was during the actual Great Depression of the 1930s, even while stock markets are at all-time highs! It’s happening again. The deceleration of home prices – particularly in major cities like Manhattan and San Francisco – is alarming. Next thing you know, they’ll be dropping. The market is clearly shifting, so I give you the details in today’s video. Watch it now. VIEW ARTICLE ON ECONOMY & MARKETS » WATCH VIDEO NOW >> This could devastate millions of Americans According to Harvard educated economist, Harry Dent, millions of American homeowners are about to be wiped out. It all has to do with a hidden crisis silently spreading across America… one that could cut the value of your home in HALF this year! Click here to find out what it is and what to do to protect yourself. Trending Stories... Dalio, Trump, and Capitalism Hedge fund manager Ray Dalio entered the mainstream recently when he granted an interview to CBS's 60 Minutes. Before that, he and his shop, Bridgewater, were only common names among financial people who both revered their ability to make money and were a bit skeptical of the way the shop operates. Among other things, Dalio... Is Ray Dalio's Idea to Tax the Rich the Income Inequality Solution? Tax Day Monday. Have you filed yet? A tax professional friend of mine told me recently that he's surprised every year to see how many people leave their tax filing to the last minute. Maybe they're too busy. Maybe they live under a rock… Regardless, they can't escape it. As U.S. citizens, we wear the... Be Ready for the Populist Backlash I love the Brits. At one time, the plucky people across the pond controlled most of the developed world. They conquered places, established trade routes, and even repelled potential invaders. All the while, they kept a stiff upper lip and relied on personal responsibility. The British government created the "Keep Calm and Carry On" motto... Home Prices' Rapid Decline Warns of Recession Ahead I'm heading back to Australia for a six-city tour – Auckland, Perth, Adelaide, Melbourne, Sydney, and Brisbane – from April 24 to May 3. Usually, I only go once a year. This latest will be my third visit in 14 months. One of the reasons I'm going back is that home prices down under are... Will the US-China Trade Deal Disappoint? The markets continued to creep up on Friday morning, anticipating the finalization of the U.S.-China trade deal and the end to the trade war. But what we really need here, to get a final confirmation of my Dark Window scenario, is a correction. Based on how the markets have behaved since late December, this current... 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.