Crash that may send Dow down...17,000 points
By Stephanie Landsman

He's a market watcher known for making bold calls spanning decades. Now, Harry Dent is arguing that the Trump rally is setting investors up for an inevitable stock market crash.

Investors have embraced the prospect of President-elect Donald Trump's victory by sending stocks on a tear to new record highs. Dent, however, thinks there's trouble brewing.

"I think this is going to be a stock market peak of a lifetime followed by a crash very similar to the early 1930s. This happens once in a lifetime," Dent Research Founder Harry Dent recently told CNBC's " Futures Now ."

He added: "I think this is the last rally in this bull market."

Dent may be calling for the rally's last hurrah, but he's also forecasting another ten to 20-percent jump for the Dow over the next few months.

Since Trump won the presidential election, the Dow (Dow Jones Global Indexes: .DJI) is up eight percent and has closed in record high territory 14 times. Financials (NYSE Arca: XLF) have soared 19 percent, and 10-year treasury yields (U.S.:US10Y) have been rallying— they're now at 2.47 percent.

"The markets are assuming that he is going to create three to four percent growth on a sustainable basis," said Dent. "It is demographically impossible.... When the markets figure this out, they are going to crash."

Dent makes the case that the U.S. workforce will see negative growth, estimating that the population will grow just over a quarter percent over the next 50 years. He also points to rock bottom productivity that not even tax cuts can solve in the immediate term.

"You can't have stocks keep going up at this rate when earnings are going nowhere," said Dent. ""I think it [Dow] is going to end up between 3000 and 5000 a couple years from now."

Dent, who is also the editor of the "Survive & Prosper" newsletter, says there are other major factors which will spark an 'epic' pullback.

"I think the trigger is people seeing sometime early next year that Donald [Trump] will not be able to do everything that he said, and the economy may be slowing by then," he said. "The biggest trigger, kind of like the subprime crisis in 2008, is going to be Italy. Italy is bankrupt. Its bonds are trading at lower rates than ours which is ridiculous."

Not only could Italy send the European markets into a tailspin, Dent is also particularly worried about China.

The world's second largest economy "has the greatest real estate bubble, an overbuilding bubble, in all of modern history. That's going to blow, " warned Dent.

Yet, he says that this could also be the best time in decades to re-position for huge gains. "In the next few months, investors will have the best opportunity to switch their investment strategies and profit dramatically," he said.

Dent is telling investors to sell their stocks near the top and immediately convert into the highest quality bonds. He recommends 30-year Treasuries and triple-A corporate debt.

Still, "Futures Now" traders Jim Iuorio and Scott Nations challenged Dent on his record, saying his predictions over the last 15 years haven't materialized. They referred two Dent forecasts: The Dow would reach 40,000 in the year 2000, and a depression call from seven years ago.

"I make bold forecasts, and especially with things like [quantitative easing] and massive government intervention — yes, I'm going to miss some things. But, I have the guts to make these bold calls," argued Dent. "We've been right about gold (CEC:Commodities Exchange Centre: @GC.1). We got people out in late April... I think could see $700 in a year or two."

Related article:

The Great Game (China)
http://undergroundnewzinc.blogspot.com/2016/12/the-great-game-china.html
Attachments:

Thomas Jefferson quote shows this is a centuries old game of ARTIFICIAL inflations to allow all to create wealth and then bankers steal it all for pennies on the dollar during the ARTIFICIAL busts

Quotation: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

So far, I have been talking about funded debt. Unfunded debt is $127 trillion at current levels…and rising hourly. This is the debt that we owe to ourselves in the way of Medicare, Social Security, government retirements and so on. In other words, promises that can’t be kept and so they won’t. As a reminder, the unfunded debt is greater than the total wealth of all American households. Many people want to blame one administration or another because that’s easy. It isn’t true, it's not any one administration, the system isn't broke, it's rigged.


AMERICA'S BEEN ROBBED


The U.S. was the largest creditor in the world. Now the debt is in the trillions of dollars. Trillions of dollars transferred from the worlds richest and most powerful country. This is a form of destructive economic management at a level of graft and corruption that has NO parallel. There’s nothing comparable to that in history.

Read more- http://www.copsrcorrupt.com/how-much-does-the-us-owe-.html

VoteStrike Wrote:
-------------------------------------------------------
> So far, I have been talking about funded debt.
> Unfunded debt is $127 trillion at current
> levels…and rising hourly. This is the debt that
> we owe to ourselves in the way of Medicare, Social
> Security, government retirements and so on. In
> other words, promises that can’t be kept and so
> they won’t. As a reminder, the unfunded debt is
> greater than the total wealth of all American
> households. Many people want to blame one
> administration or another because that’s easy.
> It isn’t true, it's not any one administration,
> the system isn't broke, it's rigged.
>
>
> AMERICA'S BEEN ROBBED
>
>
> The U.S. was the largest creditor in the world.
> Now the debt is in the trillions of dollars.
> Trillions of dollars transferred from the worlds
> richest and most powerful country. This is a form
> of destructive economic management at a level of
> graft and corruption that has NO parallel.
> There’s nothing comparable to that in history.
>
> Read more-
> http://www.copsrcorrupt.com/how-much-does-the-us-o
> we-.html

You are such a predictable loser. 8 years of the biggest government spending in US history and skyrocketing national debt - NOW all of a sudden you are concerned about it. You are very late to the party you partisan shill.

Late to the party? I've been sounding the alarm since you were in diapers and wetting the sheets. No, thank you for joining the party, it's not a partisan issue because both parties are guilty since Reagan knucklehead.

Stay Informed:

It Is Mathematically Impossible To Pay Off All Of Our Debt
http://www.zerohedge.com/news/2015-05-22/it-mathematically-impossible-pay-all-our-debt

Fake growth, fake money, fake jobs, fake financial stability, fake inflation numbers
https://www.neptuneglobal.com/paul-singer-slams-the-fake-world-fake-growth-fake-money-fake-jobs-fake-stability-fake-inflation-numbers/

Economist Harry Dent predicts 'once in a lifetime' market crash, says Dow to plunge 17,000 points
http://www.cnbc.com/2016/12/10/economist-harry-dent-says-dow-could-plunge-17000-points.html

80% Stock Market Crash To Strike in 2017, Economist Warns
https://growthequitygroup.com/2016/10/80-stock-market-crash-to-strike-in-2017-economist-warns/

Bankruptcy guru Edward Altman sees similarities to 2007 in the credit market today
https://finance.yahoo.com/news/bankruptcy-expert-edward-altman-sees-similarities-2007-credit-market-today-150205955.html

JIM ROGERS: The worst crash in our lifetime is coming
http://www.businessinsider.com/jim-rogers-worst-crash-lifetime-coming-2017-6

Debt Bubble
http://www.copsrcorrupt.com/debt-bubble.html

Bond market is in an ‘epic bubble of colossal proportions,’ says Boockvar
http://www.cnbc.com/2016/07/06/bond-market-is-in-an-epic-bubble-of-colossal-proportions-says-boockvar.html

Warning from the Underground
http://www.copsrcorrupt.com/warning-from-the-underground.html

IMF's Secret Currency Reset
http://www.copsrcorrupt.com/imf-s-big-currency-reset.html

Economic Collapse and the Digitization Of All Trade
http://www.copsrcorrupt.com/economic-collapse-and-the-digitization-of-all-trade-.html

Iran: What the Media is not Telling You
http://www.copsrcorrupt.com/iran--what-the-media-is-not-telling.html

How Much Does the US REALLY Owe?
http://www.copsrcorrupt.com/how-much-does-the-us-owe-.html

There is a huge crash coming. Not if, just when.