If there’s a time in your life when you’re going to be cautious in investments, and that’s everything, stocks, normal corporate and high-yield bonds, everything but the Treasury bonds, which are the safest in the world, the 10 and 30-year, it’s now. Joining your host, Dennis Tubbergen, on Retirement Lifestyle Advocates radio this week is economist and demographics expert Harry Dent. Dent tells us that while the Fed printed its way out of the economic crash in 2008, the next crash will be much bigger because the recent boom was all artificial.
Harry Dent is internationally recognized for the accuracy of his economic forecasts and is the author of the #1 best-selling book, Zero Hour. He’s appeared on “Good Morning America,” PBS, CNBC, CNN, and Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and, World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.”
Two years ago, the 10-year US Treasury note was yielding .50 percent. Now it’s 4.8 percent. That debt is rolling over, and the money that it costs to service that debt is skyrocketing. Soon, 35 percent of all tax revenue is going to pay just the interest on our national debt. Our guest this week, Michael Pento, outlines his projections for the coming recession and talks with your host, Dennis Tubbergen, about the effects on the bond market, equities, real estate, and more as Retirement Lifestyle Advocates radio delivers another show you don’t want to miss.
Michael Pento is the President and Founder of Pento Portfolio Strategies, with more than 27 years of investment experience. He was the portfolio creator and consultant to Delta/Claymore’s commodity portfolios that raised more than $3 billion, distributed through Claymore/Guggenheim’s sales network. He produces the weekly podcast “The Mid-Week Reality Check” and is the author of the book “The Coming Bond Market Collapse.”
Stock and bonds are already in a bearish trend, with only 1% of tech stocks propping up the S&P. Our guest this week on Retirement Lifestyle Advocates radio is the leading cycles research analyst, Dr. Charles Nenner. Dr. Nenner explains how he mathematically predicts the annual, monthly, and even intra-day high’s and low’s in the markets in his conversation with your host, Dennis Tubbergen. Dr. Nenner forecasts the Dow at $18K or worse this year. He says…“Protect your assets; this is not going to end well”.
Dr. Charles Nenner’s career is truly impressive: he earned a medical degree from the University of Amsterdam in 1984 prior to embarking on a long and distinguished career as a financial consultant, researcher, and analyst. He has worked for Windsor NY, Merrill Lynch, Goldman Sachs, Rabobank International, and Ofek Securities in Tel Aviv.
You can get a free 30-day trial subscription to Dr. Nenner’s uncannily accurate daily research reports, plus articles, podcasts, and more at www.CharlesNenner.com.