[New Video] Follow up to Tuesday’s Market Update

Follow Up to Tuesday's Market Update Harry Dent | May 17, 2019 On Tuesday I emailed you details of the two scenarios I see ahead as markets took a sharp correction early in the week in response to escalations in the U.S.-China trade war. Today, in the video I've recorded from my London hotel room, I offer an update to that, based on the performance of the markets most of this week. I'm in London on a half-business, half-pleasure trip after we had to change our vacation plans in response to my wife's recently broken wrist… an injury she acquired in Puerto Rico while I was down under on my bi-annual whirlwind tour. While here, I've done some touristy things, and I share a few of those details with you today as well. By the way, can someone explain who fixed London's weather? We'll talk again next week, when I'm back State side. Harry Dent New study reveals why America is headed for disaster According to America's #1 economist, this shocking event only happens every 250 years. It's called "Zero Hour"... and when it happens again soon, it's going to trigger the greatest upheaval in modern history… bankrupting millions of Americans practically overnight. But you don't have to be one of them. In fact, if you take a few simple steps today to prepare yourself, this event could make you very rich in the months and years ahead. Click here for the full story. Trending Stories... What the Millennials' Baby Bust Means for Your Money The week before we married (and long before we had our first baby), almost 30 years ago, my new boss turned to me and said, "Son, you're never richer than the day before you get married." Hmm. For the next three years, I was reminded daily of his words. Decisions that I made alone before... Is Bitcoin Back? 100%. That's how much the price of bitcoin increased since December 31. At last check, the cryptocurrency was trading at $7,502, after jumping 14% on Friday and 7% on Monday. For non-mathematicians, that's more than 20% in just a couple of days. Not bad. So, are cryptos back? If you're looking for an investment with... 2 Scenarios For the May 2019 Market Correction In my Economy & Markets video on Friday, I discussed why the trade deal has been challenging and likely doomed in the end. I also talked about the impact the "sudden" collapse in negotiations has had on the markets. Investors thought a deal was imminent. Now, they see it's nowhere in sight… and they're storming... Uber et al: Unicorns Leading the Way to the Great Crash Ahead Markets were badly shaken this morning as news of China's planned tariffs on $60 billion worth of U.S. goods hit the wire. I emailed Boom & Bust subscribers earlier with an update on my Dark Window scenario, and some insights into what to expect over the next few months. I've labelled one possible outcome "Holy... The U.S. China Trade Deal Fantasy and the Markets Markets look to finally be making a much-needed correction, triggered by the U.S.-China trade deal drama. Everyone seems to think a deal is around the corner. Not me. While this trade war hurts them, they have a long-term goal, and they're prepare to take all the pain in the world to achieve it. I explain... 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.