Who is the man who predicted 2020 crash?

Harry Dent
In his 2017 book, “Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage,” Harry Dent forecast a catastrophic economic crash would hit us no later than early-2020.

What is the net worth of Harry Dent?

Being a world-renowned economist is bound to affect Dent’s net worth. Unfortunately, since his 2020-21 salary and financial transactions are still under review, we were not able to come to a solid conclusion. Yet, it has been estimated that Dent has a net worth falling somewhere between $1 million and $5.8 million.

When will the housing market crash again?

Table of Contents. The housing market in the U.S. could enter a recession in under five years, with online real estate company Zillow predicting that it will happen in 2020.

Will stock market recover soon?

A: No. The stock market will not recover it’s recent losses soon. The economy is going to gradually slow. There is a non insignificant chance for a recession to be signaled sometime in 2019 but we are not yet convinced. The Yield Curve which is a good signalling indicator if inverted is not yet as such.

What happens if the housing market crashes?

When a housing market crashes, that usually means that the number of home buyers decreases. House sit unsold. Prices may decrease, builders may fail and file bankruptcy – and quit building homes. Property values may decrease as the supply of homes exceeds the demand for homes to purchase. Home equity will decrease.

Is the housing market about to crash?

Housing Market Setting Up for Another Crash. The housing market appears to be in better shape than it really is and investors should be wary regarding investing in Housing stocks, investing in property not as a primary residence, and should conduct a thorough analysis of their own financial obligations with regards to their primary residence.