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Podcast: Money Life with Chuck Jaffe
Episode: Harry Dent: Santa's not coming, '23 will be ugly, buy bonds
Description: Harry Dent, the founder of Dent Research, says that the stock market's troubles in 2022 were just a precursor to real trouble, with the next wave in a downward cycle coming early next year, right after the market wakes up to the fact that there is neither a Santa Claus rally or a January effect to get the new year started on good footing. Dent has been calling for a market decline of 85 percent or more in stocks -- moving from their peak to their trough -- and sees the massive decline being the next step, but he notes that...