Economist and best-selling author Harry Dent catches us up with Daniela Cambone to talk his forecast for a 40% correction to hit markets as early as June. He was previously looking at April and has since pushed the moving target to June- but reiterates that the correction will be massive and reminiscent of 1929. Certain of its imminence, Dent quips that if doesn't happen by 2022, he's retiring.
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the dot-com bubble-bust in 2000 and the housing bust in 2006 to 2007 (among many other things). He's written numerous books, including The Great Boom Ahead (1992), The Great Depression Ahead (2008), The Great Crash Ahead (2011) and The Demographic Cliff (2014). His most recent novels are The Sale of a Lifetime and Zero Hour.