Reported about 1 year ago
Economist Harry Dent predicts a stock market crash with the S&P 500 index falling by 86%, Nasdaq index by 98%, and even 'hero stock' Nvidia potentially plummeting by 98%, possibly worse than the 2008 financial crisis, emphasizing 'it's all over!' Dent anticipates a more severe crash in 2025 than in 2008, with the S&P 500 potentially dropping by 86%, Nasdaq by 98%, and even Nvidia, despite being a great company, facing a potential 98% drop, stating that 'it's all over!' Dent notes the current bubble is larger and longer than previous ones, prompting mixed reactions from investors, with Dent defending his predictions as truth-telling based on historical evidence.
Source: YAHOO