The Great Crash Begins in 2020 Harry Dent | August 28, 2019 I noticed this cycle right away in my research in the early 1980s: Substantial stock market bottoms have come every 20 years, and major ones every 40. That 40-year cycle would correspond to the generation waves of spending that have actually peaked 39 years apart, in 1929, 1968 and 2007. Twenty years would be half of that cycle and double the average recession cycle that occurs roughly every 10 years and corresponds with sunspots. Cycles tend to be more powerful on alternating swings, as Market Timing Report's Andy Pancholi taught me. So, we actually have 10-, 20- and 40-year cycles hitting just ahead. Look at this chart back to 1929 showing these two cycles. Major lows occurred in May 1942 and August 1982 for stocks. Minor lows occurred in late 1962 and 2002. The next major low on both cycles would be targeted for mid- to late-2022. I have been quoting this scenario for decades, not just years. That's how consistent these two cycles have been. There are other reasons I am looking for the "crash of a lifetime" starting by sometime in 2020 and the "sale of a lifetime" on financial assets by late 2022+. The 45-year and double 90-year Super Bubble/Great Reset Cycle also bottoms around 2022, following previous major bottoms right on cue in 1932 and 1842. My infamous Generational Spending Wave forms a 3-year bottom between 2020 and 2023. $600 Off 2019's Most Important Financial Conference Loyal readers can save $600 on tickets to the 2019 IRRATIONAL ECONOMIC SUMMIT - Flash Sale. Don't miss the chance to discover insights from President Reagan's top economic advisor, former Federal Reserve insider, and a top China expert. For full details, click here. I know that governments have and will continue to throw the kitchen sink at this bubble to keep it going… especially Tantrum Trump. But you simply can't keep a bubble going forever any more than an orgasm… If there is any time this greatest and most pervasive bubble in modern history will burst, it is in this extreme danger zone of 2020-2022. A normal 2-3-year crash, that would have to start sometime in 2020, preferably early 2020, as has been my best forecast. It could well be later in the year if Trump starts sending people money directly to get re-elected, as in his suggested payroll tax cut. If it doesn't happen by then, we have finally died and gone to heaven… a land of endless happiness with no cycles ever again… and I will be residing permanently in hell! Harry Dent VISIT ECONOMY & MARKETS » Trending Stories... We're Getting Taken for our Interest Income The summer of 2008 was crazy. The credit markets were frozen and the federal government put Fannie Mae and Freddie Mac into conservatorship. And there was a presidential election coming fast. That August, the Democrats made history by nominating the first black person as a major party candidate. It happened on a Thursday night, and... Crashing RV Sales Forecast 2020 Recession RV sales are crashing at a year-over-year rate of 20% below sales for the same period last year. 2017 was the peak thus far and 2018 sales were 4% lower. Hence, this year's crash is making this look like a clear top. RVs are one of our mid-life-to-retirement sectors for Boomers. Sales used to peak... More Turmoil, More Recession Fears This week wasn't any easier than the last, with more chaos throughout the markets and more concerns that a recession is surely to come. So, we're at a tipping point. In the Dark Window scenario that I've been talking about for a year now, a move upward here would be way up – maybe even... Want to Invest Like the Pros? Roll Your Bonds as the Yield Curve Flattens In the beginning of time, BC (Before Children), I traded bonds at Prudential Securities. It wasn't like the "Wolf of Wall Street" or even Bonfire of the Vanities, but it had its moments. We didn't get a lot of training. As we came in the door we were expected to know things like convexity and... Rising Temperatures Are Real Climate change has continued to be a big topic in the news, especially with record temperatures again this summer. Are humans the primary cause? When this first became a major issue many years ago, I initially was more skeptical of the human impact. I had studied long-term climate cycles and saw how much they've varied... 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. 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