Why there continues to be a Wall Street/Main Street disconnect
Harry Dent joins Jim Blasingame to discuss the ongoing disconnect between Wall Street delusions and Main Street reality, all driven by the Fed’s inability to let market mistakes happen and heal naturally, creating the current equities bubble.
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Harry Dent joins Jim Blasingame to discuss the unprecedented level of sovereign and corporate debt, and whether a global reset, or Chapter 11 type adjustment will take place simultaneously, either by design or catastrophically.
Harry Dent joins Jim Blasingame to discuss the implications of the demographic conditions of the population regions of the planet, including the different immigration policies.
Harry Dent joins Jim Blasingame to discuss the challenge the Fed has in taking further monetary steps to help if/when the economy needs further stimulus.
Harry Dent joins Jim Blasingame to discuss some of the conditions that could cause Wall Street to continue it’s upward trajectory, plus what’s in store over the next 12 months.
Harry Dent joins Jim Blasingame to warn us about the existence of “zombie companies” that are being propped up by the government stimulus, and compare them to the companies that put Japan in a 30-year recession.