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Ep. 1130: Harry Dent Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Baby Boom Boom
It started when the stock market peaked in October 2007 and the economy first moved into a recession in January 2008. The Fed printed more money than ever until they had to reverse here because they overdid it with COVID. A generation stops spending in the millennials, although not as large relatively as the baby boom for the economy. No person now preparing for retirement in the 40s could even hope to make money at these levels around the world.
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