Most People Have NO Idea How Bad It's Becoming

Most People Have NO Idea How Bad It's Becoming https://youtu.be/QTsqzDrxAlI Most People Have NO Idea How Bad It's Becoming from Harry Dent who gives his last warning before it gets even worse. ► Special thanks to Harry Dent Jr. https://www.youtube.com/user/hsdentfinancial Well, finally, the markets are pricing in a recession took them long enough. I mean, first quarter GDP was estimated really way back to be -1.6%. Now, the best estimate for second quarter, which was expected to be positive, is -1%. So we're already in a recession as I've been warning for a long time. Stocks now have been down over 20%, the S&P 535% for the Nasdaq. That is finally pricing in a recession. But of course, the most important indicator, the bond market, treasury bonds peaked at 3.5%, ten year yield when they were worrying the most about escalating inflation and now have suddenly dropped to 2.87% this morning, saying, oh, now we're more worried about the slowdown in the recession. Finally, they got that. So so people holding those Treasury bonds are doing really well. If we're lucky for people who haven't gotten, then we could see a bounce back to 3.2% yields, if we're lucky. But we'll have to see on that. So. So we are in a recession. The economists are admitting this, but they're saying, oh, but it's going to be a mild recession. When will be people learn? They have no awareness whatsoever of the long demographic slump after the baby boom peaked in 2007. They didn't come up with the demographic generation theory, so they're just going to ignore it, I mean, to their peril. This is ridiculous. Now. They keep expecting with a little stimulus, every time we have financial problem, we'll come back stronger. No, the demographic trends from the baby bust after the baby boom peak in 2007 are bottoming. They're at their worst between 2020 and 23. Totally predictable on a 47 year lag. Okay. To the birth index and immigration adjusted births. So the economy is only weaker. So. So as soon as as as we go into a downturn, it's only going to get weaker. And as soon as they stop stimulating, it's going to get weaker. They don't get that. So prepare for the worst. Stocks, as we shown already, look like they're in the final wave down of the first crash. Only in that first crash tends to be 40% and it's already hit 35%, as I said earlier. And I think likely if it continues downward, it looks like it's doing we could be down 40% on the Nasdaq and we ought to be sitting right at the point where we can judge. #stockmarketcrash #inflation #recession Tyler Pratt