The Meaning of All This Chaos
Harry Dent | November 15, 2019 | I'm on my way to Australia today. Well, I left yesterday, but travel takes so long from Puerto Rico that it'll take me at least two days to get there. (And I don't mess with trying to comprehend the international date line until I've landed!) Anyway, I'm going to Australia for some speaking engagements, as I do once or twice each year. I love Australia, the people and the scenery. And they're very familiar with my books, seemingly having read them all. So I like them even more. Reason I tell you all this is that I was putting the finishing touches on my presentation just a few minutes before I stopped to record this video. It's basically an adaptation of last December's Leading Edge, my flagship newsletter. And I think that issue is so important that I'm making it available to you now, even if you're not a subscriber to the newsletter. In my opinion, it's one that you'll want your kids and grandkids to read. Now, I know what you're saying: "Harry, that's awfully confident." But it is! Because it puts the current situation we're in within the property context and perspective. Look, we are not in an enviable place right now. I get it. The stock market's at the highest it's ever been, and looking to tumble. We're in this enormous bubble, and things could get pretty bad pretty quick. But you need to keep the longer-term outlook in perspective: The best is yet to come. | Your Must-Have 2020 Action Plan! We’re heading into 2020 with as much economic and political uncertainty as ever. So, to help you prepare for the inescapable unrest and financial hardships ahead, Harry has put together the best set of resources he has to make sure you’re as prepared as possible for the challenges that lie ahead for so many Americans. Learn how to get full access here! | I know people always think of me like some permabear, but the reality is that's not true. We're just in phase 1. That may be ending soon, but better times are ahead after that. So expect a little chaos for a couple of years, but a bright future after that. And if you don't believe me here, read last December's Leading Edge to learn exactly why. 
Harry Dent Trending Stories... Shanghai Pudong Development Bank recently sold $7 billion in convertible bonds. As usual, the bank took orders for the bonds ahead of time, and then allocated the bonds among potential buyers. What made the sale notable is that investors put in orders for more than $1 trillion worth of bonds, or 140 times what Shanghai... I love to ask people who they think are the highest-earning ethnic or immigrant group. They almost always guess Japanese or Chinese… But those guesses are not even close. It's the Indians. Look at this chart of median household income… the average numbers would be even more skewed. The median U.S. household income is $63,179.... I peruse at least two newspapers, three blogs, and one financial news program before breakfast. Once I get the official workday underway, I dive deeper into research on the Fed, consumer spending, or whatever happens to be the topic du jour. Using my knowledge, I write mostly about economic trends and work to bring you... Wall Street continues to be convinced that the economy is edging back up again after a stall following the tax cut boost and near 3% GDP figures in 2018. I talked last Monday about how there were some key indicators like industrial production growth and construction spending that were not confirming such a resurgence… at... I've been harping on this megaphone pattern for quite a while now, but you've got to remember, there's a reason why these megaphones are so important for predictions: They tend to occur at the major tops before a fall. Think 1965, 1968, and again in 1972. Three tops to what's clearly now a megaphone. What... | 
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