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Ep. 1130: Harry Dent Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The NASDAQ Will Go Down 50% - That's Not Crazy.
Jeremy Grantham is predicting a 50% down foot. 92%. Okay. That's crazy. I don't think you look stupid. Most people don't remember the NASDAQ went down 78%. It did that when a boom was still enforced. The demographics were still positive then. This is a bigger bubble and more global. You would expect a second bubble similar, but even bigger and more extreme, more global to have a bigger crash.
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