POPULARITY
Kiera is joined by Ted Osterer of Synergy Dental Partners to talk about the money field of dentistry in this moment of 2025, including tariffs, negotiating and raising fees, finding supplies, and more. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: Kiera Dent (00:01) Hello, Dental A Team listeners. This is Kiera. And today I am jazzed. I have a super fun guest on the podcast today. We're going to talk about the tariff sheriff, how that's impacting dentistry, the rise of dental supply costs, and honestly what to do because I'm so annoyed by all these pieces. What's the economic outlook? How do dentists freaking survive? Like, gosh, it just seems like a funny world out there. But we have Ted Osterer. He is with Synergy. I love this buying group. I think they're Absolutely incredible. We're gonna shed some light for you guys. So Ted, welcome to the show today. How are you? Ted Osterer (00:32) I am doing very, very well. Thank you so, so much for having me. Congratulations on your thousandth episode recently. I'm happy to be a part of this and any value I could bring to your listeners, hey, we're all better for it. Kiera Dent (00:39) Thank you. Well, thanks, Ted. And yes, ⁓ I'm still in utter awe that we hit a thousand episodes. Like when I started this, it was just a whim, a pipe dream. Jason and I were hiking. It's not a joke. I literally was hiking half-dome. Mind you, Jason had said, hey, let's go down to Yosemite. I'd love a nice relaxing weekend down there. And I had learned that you could go get, like, this is prior. You can't do this anymore. That you could get these like day passes, like these day camping passes. And if you just went and sat at this little lodge for a few hours. So I was like, Jay, yeah, of course we'll go down there for this very calm, welcoming, welcome, like very easy, relaxing weekend. Little did he know I had full plans to try and get half dome tickets and like hike half dome. I even brought the gloves, like I was ready to go. And sure enough, I got the lottery, got the tickets. Jason was like, what the heck? We're going to freaking hike half dome. Like, Kiera, we haven't even prepped for this. We haven't done any of this. We don't even have a hotel. We got a hotel an hour away. We had to drive an hour outside of town. It was the nastiest hotel. They were like, I'm not even joking. There was like hair and like this little pill on the pillow that were not ours. Jason's like had the worst sleep of his night and I'm like listen there's no hotels around me of 70. Like we're filing so we had a place. We went back super early the next morning to hike Half Dome and lo and behold on our hike I said Jay I think we need to build a podcast. This is where it all started. It was like one of those things that I never imagined a thousand episodes would hit and here we are. Ted, you're hanging out with me a thousand in. And I think it's just fun because of all the value, all the stories, all the people. And like you and I were talking about pre-show, the podcast is really just a place where I get to selfishly hang out and just have a good conversation with people that I like. I get to meet new people in the industry. And as a byproduct of my nerdiness and excitement of meeting people, all of our listeners get benefited by this. So Ted, I'm so happy you're a part of this. Thank you for that. ⁓ Outside of Yosemite, let's talk about the rising cost of dental supplies, the tariffs, how this is going to impact. Because I know people are really nervous about it. I see in lots of dental groups out there, and you guys are really great. That's why I had you come on, because I think you're a huge solution to these problems. So take it away, Ted also, so the listener know how on earth did you even get into dentistry? Let's talk about that first, and then let's talk about what this even looks like for dental practices long-term. Ted Osterer (03:00) How did I get into dentistry? ⁓ It was fate, it was just destiny. Growing up, I had 13 teeth pulled. I had braces for five years and it was like, well, I'm here for life, I guess. And this is just how we can all grow as a unit. ⁓ I've been in dentistry for about 15 years now. I started out as a dental supply rep. I was going door to door for over five years and... funny enough that, you know, this isn't the, I grew up in the New York area. This is the major metropolitan New York area. And I had a really good buddy and he was like, I think you'd be a really good fit actually managing anal practices. And I can actually introduce you to someone. And it was like a small like eight practice group. I can introduce you to somebody, the practice on the Upper East Side of Manhattan. Go see if you'd be a good fit. And I'm just kind of like, sure, guess. know, it's like always like have a conversation. And I had a conversation and sure enough, I got along really well with a particular office manager ⁓ from this group and I went to go work for this office manager. ⁓ Within three months, I had my own practice. I was a practice manager. You know, it's so funny going from a supply rep to an office manager, right? I learned the first and I'm not saying this is everybody, but I learned the first day of being in a dental office that I knew nothing. Kiera Dent (03:59) Yeah. Ted Osterer (04:29) about what happens in a dental office, right? Like I'm like, could, God, it's gonna be a piece of cake. I've been in dentistry for five years. And so I could tell you how strong and impressive material was. That does not help with insurance codes or posture downgrade or presenting treatment or creating a schedule or reading a schedule, anything like that. So, much respect to everyone that manages offices that's listening right now that my goodness, you're fighting the good fight. Keep up the good work. ⁓ Kiera Dent (04:40) does not. Agreed. Ted Osterer (04:57) I did that for some time. I was recruited to work for care credit. I oversaw New England for a few years where then they moved me to South Florida. And then a few months after that, I was recruited by Synergy. I've been here since 2021. And this is really, really cool. You know, I came to Synergy because the message was, do you want to make an impact in the dental world? You know, like you love what you do, but do you really want to make an impact? Do you want to help independent dentistry? And I was like, man, what a line, right? Like I was suckered in and I really wanted to make a difference. And sure enough, almost four years later, we're still here at, you know, we're the largest dental buying club in the country. We are the fastest growing dental buying club in the country. And we're just trying to preserve independent dentistry by giving them the same supply and overhead cost at a 20 plus practice DSO would get. that, know, we were founded by dentists. It was as black and white as, Hey, If enough of us order from the same places, they'll give us a discount. And now we have people in charge of negotiating pricing. You know, we have a dedicated team to each member to make sure that they're getting the values worth here at Synergy and they're not ordering more than they have to. And you you asked about tariffs, the rising overhead costs, all of that really, really fun stuff, right? Let's dive into that, right? You know, the perceived economic uncertainty of everything. Are prices going to go up? Yes, of course. Does that mean you need to buy everything right now at the same time to save money in like six months? No, you probably shouldn't do that either. You know, the waiting game generally always pays off, be it in dentistry or outside of dentistry when it comes to money, you know, you're better off just kind of, you know, hold the chips, hold down the fort, you know, you're, it's not, you do not sound the alarms, of course, right? You know, the price of your crowns is not going to go up 10,000 % like. Kiera Dent (06:21) Yeah. Ted Osterer (06:50) Calm down, chill out, right? It's what we've monitored. Have tariffs affected some prices? Yes. ⁓ Many have already gone down. Many have plateaued with that price increase and we kind of have a safe, what, just gauge on what those actually are, right? The percentages have been minimal. It's a few dollars here and there. Kiera Dent (06:52) Yes, I agree. Ted Osterer (07:17) Again, the industry is not belly up. really should not be your ⁓ primary concern. Providing optimal quality ⁓ of treatment should be your number one concern still to this day. I don't think it's going to make a difference whether you're getting a new sensor or not. If your sensor goes, you're OK. Kiera Dent (07:36) It's It's really true. Well, Ted, I love that. And I love your story. And I love that you have the real life experience in dental practices, because that's something that we pride ourselves on at Dental A Team. It's like, we've been there, done that, and done it successfully. And you're right. Being in a practice is no small task. It's no small feat. And ⁓ I think the supply costs, I do agree with you. think certain people were getting a little bit, maybe extra on this, of how concerned we are of cost. And I don't think it's a wrong thing. to look at, to project down and to forecast forward to make sure that you keep in line with your overhead. Like people who are looking at this, I'm high-fiving you because you actually are looking at your numbers and you understand the cost of your supplies. But at the same time, I remember I was at a, I have a friend who's very wealthy. We're talking like this person brings in 28, 30 million annually a year. And like, I just giggle because it is a great friend. Ted Osterer (08:25) Sounds like a great friend. There you go. All right. Kiera Dent (08:29) I thought he said he was a cosmetic dentist when I met him and he's surely not a cosmetic dentist. He's a cosmetic chemist. So skincare, things like that. And I remember we were talking and he was like, yeah, I just got so freaked out about the stocks. I pulled everything out of the stock market. This was two years ago. And I'm like, bro, like the amount of gains because you got so scared is incredible. And I had another friend, we were sitting at a wealth conference and we had like Ray Dalio there and Paul Tudor Jones and gosh. Marks, Howard Marks, like so many of the big players in wealth and they weren't talking. And this guy named Harry Dent came in and Harry Dent has been known for being right and wrong on predictions of the market. And I remember like, I'm not kidding you. We talked in this conference of do not make rash decisions. Like we're here to gather all the information, synthesize it out and then make best decisions. And I kid you not, we are two days into this five day conference and I met this guy and he's like, Harry Dent just freaked me out. I went and sold all my... like sold everything like that night pulled everything out of the stock market. I was like, dude, you're the reason people talk about what not to do because you should never be this radical. And so I feel like while those are extremes, I feel like dentistry can kind of be that way with the supply. Like we feel it's the stock market plummeting on us within our supply chain because we've got tariffs on there. When the reality is let's remember dentistry by default, a lot of our products already have very high margins on them. Like I'm not going to say it to the world in case there are people who are not dentists listening. but you can just think about fluoride for one second. So fluoride has insane margins on it, which are very profitable for you. The bulk of dentistry is very profitable. So these small rises, agreed, let's take a look at that. But like you said, Ted, it's not the end of the world. So I am curious though, from my like nerdy side, what things have gone up the most? What are you guys seeing across the board that the tariffs or the uncertainties, like the economy's gone up you guys. Bread, I'm shocked. or gasoline, you want to talk about gas prices? Like I don't know, in Florida it's way cheap. Here I'm in Reno in California. I kid you not in Truckee it was $7 a gallon and I like wanted to throw up the gases that much money, but I'm like if gas for a gallon is $7, bread prices, I mean you're paying five bucks, six bucks a loaf for bread, like supplies are going to be higher. It's not something that I'm like, oh my gosh, my cotton rolls went up. Well yeah, of course they went up. does like everything in the world has gone up. Home prices have gone up, but I am curious, what have you guys seen that the tariffs hit the most? Like what are some of those supplies? But we're ashricking this. Everyone listening, you have to promise you will not be either of my two friends who go radical. So when Ted tells you which one's worth a little bit higher, do not go out and give me like your prepping situation where you go buy all this because you're freaking out about it. Like steady the course, stay consistent, and just like watch the scene because most things will level out just like in stocks, just like in investments. But if we're radical and being wild on it, that's where you get. Like it just does not benefit. So I think Ted, everyone has promised. I made them just promise like everybody. Yes, you promise. Don't be radical. Ted, what are some of the ones that are seeing the highest hits? Like what, what products, what things are you guys seeing? Ted Osterer (11:33) Since you all promised ⁓ not to be radical, I will go ahead and share. Yeah, unbreakable. We know that's unbreakable. Kiera Dent (11:36) You promised. It's unbreakable. You did that, you like kissed the thumb, something like that. And then you like do a dance. All of them have done that, right? Nobody better lie. Don't be radical. Okay. They're good. Ted Osterer (11:52) Excellent. So for those listening at home, I did a very, very impressive interpretive dance, but for those watching, you saw it, it's all good. ⁓ So with a lot of the terrorists I've seen, and look, it's so volatile, you know, and for those, again, listening, I'm doing that thing with your finger, you go up and down a lot about how much it goes up and down. You know, look, I mean, you saw a lot of the anesthetics made in Canada go up a significant percent. You saw a lot of lab cases sent from overseas or, you know, it's funny enough, for those that don't know what the gray market is in terms of the supplies in the industry, Products are made overseas, totally fine, right? There's nothing wrong with products that are made overseas. However, sometimes they're made in factories that are only authorized in certain countries, even though it could be big name, know, supply partners, major manufacturers. I won't name drop, you know what I mean? I'm not trying to, you can Google it, you have access to the internet, congrats. When it comes to, these products that are made overseas are only regulated to be in select countries, they still have to be refrigerated certain ways, they still could have, they could have been made a long time ago, they're set to expire. They are mailed here and then they are sold to the United States, they're unregulated. You'll see their costs are... Insanely low to the point where it's too good to be true spoiler a lot a spoiler it is too good to be true right in the event that someone You know your malpractice insurance Is kicked in you use great, you know gray market products. You might be losing a case and that's not the smoke you want However, in the event of these tariffs funny enough what went up these gray market products, right? ⁓ They went up to the point where Kiera Dent (13:25) Yeah. Interesting. Ted Osterer (13:46) They're the same pricing, if not more than what your rep is offering you now. know, and look, you don't want to be caught with something like that. And it goes to show you that you, again, you're worried about optimal care. You should be worried about what you're putting in your patient's mouth as well. And depending on where you order it from, right? Like picture yourself, you're a patient in a chair, okay? And an assistant walks in to set, you know, to set the room, to put the supplies that you're going to use on that tray and she opens an eBay box. Imagine what the patient must be feeling knowing that or an Amazon box. It's like, wait a minute, if your patient's aware at all, you probably don't want that. And now that price is the same price that a major dealer is going to offer you or a rep can offer you. That's the worst case scenario. I believe that that's what I've seen went up the most. And there were some labs from overseas. Kiera Dent (14:23) Yeah, no. No. No. I'm just. Ted Osterer (14:44) ⁓ where the tariff was taking effect, a lot of the tariffs they were getting, were passing directly onto the consumer. I've seen that stop also. I'm not gonna say it's not gonna happen again, but it's not like you can order in bulk all these cases, you know? So, you know, again, when it comes to your labs, if you're satisfied with your lab, play the waiting game. You should be fine. Kiera Dent (14:53) Mm-hmm. It's true. Yeah, that's actually really helpful to know Ted, because I was really curious and I think it's one of those things of, I don't know, I'm the clinician inside of me. I originally dental assistant, office manager, treatment coordinator. We have a lot of hygienists on our team. ⁓ I think all of us in consulting, well, yes, we watch the numbers exponentially, which is why I brought Ted on. I wanted synergy to be here. I think it's a great solution for your numbers. The biggest thing I will also say is like, Please don't be so obsessive with the numbers that you cut your amazing dentistry and you are actually not doing the best dentistry for patients. I believe that when we do good by our patients, when we take care of them, when we use great products, I'm not saying you have to be I have a car. I'm not saying you have to be like high, high end. You can if you choose, but just making sure that we're doing right by our patients. Like I said, dentistry is a very profitable industry. as is, like we have done a really good job of keeping the practices profitable in spite of insurances and all of that. But I really just want to make sure people, when we're looking at this, let's not penny pinch and nickel, like watching all of our nickels when we're actually doing a disservice to our patients. So agreed, like that gray market, things like that. Yes, I like to be a good shopper. I love to get a good deal, but making sure that it's a good deal that's also taking care of your patients would be my like word to the wise. Again, I believe that when we are good and we're honest to our patients, people feel that there's good karma, there's good energy, it's all the way around. So Ted, how does synergy work? Like how do you get around this? Because things are going up. Being a business owner, mean, our margins are, they've been high, so maybe they're a little less high. I will also say, like doctors, I hope you've increased your fees too. You should do that. like, it's not just supplies that get to go up. Dentistry also gets to go up and it should be going up. And if you haven't raised your fees, I'll just asterisk that right now. Like that is very common. It's very normal. It should be done every single year. I think that's a way to offset some of these costs for you too. It's ethical and honest, but Ted kind of walk us through like independent dentists, which are most of the practices listening. We do have some DSOs on there. I think sometimes you can feel like, I don't know. It's like the little brother who's watching the big brother drive the car and it's like, why can't I get these deals? Like I know I'm just one practice, but. Sometimes you feel neglected. sometimes feel like distributors and manufacturers don't give you as good of a deal. Like, let's be real. The DSOs do get better deals than you do. I I've heard, I go talk to a lot of people and they're like, well, yeah, if you've got 20, 30, 50 practices, we're going to give you like pennies on the dollar compared to my solo practice that's going to be paying more for it due to the bulk distribution. So how can we have that of like, how can Independence Dennis win? Not have these costs hit them and to still play in the big leagues, even though they don't want to necessarily practice that way today. Ted Osterer (17:53) Yeah, awesome question, right? You hit on the head. What did DSO's do? They strong arm these dealers, manufacturers, distributors, and they say, look, I have 30 offices. We all want to order from you. We'll commit to this amount of spend. We'll commit to this amount of product. Give me the absolute best deal that you will, or I'm going to the other distributor that's on the next page of this advertisement that I am looking at, right? So they're just negotiating fees all day. That's what the ESOs are doing. They have people in place to negotiate these rates all day. That's what Synergy Dental Partners has, Independent Dentistry, ⁓ I mean, look, it's alive and well. We see it every day, you know, just because there's not major conferences that you're demanded to go to like the ESOs and things like that doesn't mean they're not alive and well and band together and know what's actually going on in dentistry, right? So Independent Dentists will subscribe to Synergy. to have access to the same pricing that those 20 plus, 30 plus practice DSOs would get, right? We negotiate with these supply partners all day long on the supplies that you're already using, right? I mean, that's what we do. We bully our vendors. We come to an agreement with specific supply partners to be in our network and have very attractive offerings that they will only offer to Synergy members, right? We're partnered with major distributors. We negotiate with... them all day, we're partnered with different implant organizations, with different rotary organizations, with different services. Depending on what you're looking for, we're going to offer you something that you would not be able to get on your own, right? Do you have to order in bulk with a synergy member? No, that's the point of us because we have enough dentists all ordering from the same place that the bulk is taken care of. Order as you go, right? So Darby is our anchor supplier, shines the largest distributor in the country. Patterson's the second largest distributor in the country. Darby's the third largest distributor in the country. When you place an order with them, everything comes in one to two days. As a synergy member, any order over $249, there's no shipping charges. And let's think about that in itself. Do you have to order in bulk now? No, do you have to hit a crazy minimum? No, you can order four times a month and not pay shipping. Everything's gonna come in one to two days. Now regarding all these manufacturer deals, Kiera Dent (20:01) awesome. Ted Osterer (20:15) Oh, I like to buy four to get one free. like to buy three to get one free. You hear the word free. Awesome. Great. Now we do have a lot of offerings just like that care, right? However, we've negotiated the net costs of those buy four, get one threes, get one free, buy three, get one free for just one. So you can order one. You don't need to spend $700 on your favorite composite to get one free. And now shade C3 is going to sit on your shelf for the next three years and it expires. You're going to throw it away anyway. So you wasted all that money. Kiera Dent (20:23) Right. Mm-hmm. Ha! Ted Osterer (20:43) The point of us is inventory control. It's cash flow management. I mean, if cash is what you're worried about, well guess what? mean, order as you go, you're probably not gonna pay shipping anyway. You have the supply you need. My goodness, Kara, have you ever had to clean out a supply closet? Is it not the worst day of the month? You know, when people order the wrong things, yeah, maybe you'll return it, or what are you gonna do? You're gonna check it off that checklist and then put it where you think it goes. Now it's gonna sit there forever. Yikes, right? Kiera Dent (21:02) Yep. Yep. Ted Osterer (21:13) You know, with Darby, things are easy to return. You order as you go, it's not gonna get lost in some shuffle if you order as you go, right? We are partnered getting discounts with Strom and NeoDent for implants and BioHorizons and Zest for the locator attachment through overdenture materials, Comet and Brassler for rotary. ⁓ We just rolled out our partnership with Bisco. We're partnered with UltraDent, Crestor, LB, Phillips. I'm going to put your listeners to sleep as I shamelessly plug these. Incredible companies offering the incredible deals are giving our members but the whole point of us is Carrie said you love to shop Bad news pal. I'm taking that phone away from you. We've done that shopping for you We know where your pricing should be is every price the lowest price on the market. I can't confidently say yes It's not true. I can confidently say that a lot of them are the best price in the market But every price is going to be competitive and if you're taking four or five hours to place an order with six tabs open texting four different reps. That's four patients that you could have seen in that time. not only, let's say you order from all those places. Now you got five different shipping charges. And now you don't know when any of these orders are gonna come. It could take weeks. Something could be on back orders. Something could be expired. But hey, you saved a dollar on gloves. Congratulations, you know? Kiera Dent (22:16) you I love it. And I think that this, is why I like Synergy. I feel like it's, you get the Costco discounts without the bulk requirements. And that's something that I really enjoyed about it because something we teach with our clients is do not be stocking up. I remember I worked at Midwestern University's dental college for a few years. And I remember I went through their supplies and because there was so much Ted Osterer (22:44) Yep. Kiera Dent (22:58) We, like, I remember throwing away boxes and boxes and boxes of expired supplies, things that we couldn't use anymore. And it was disgusting. And I was shocked and I was like, that's it. We have to get this to where we can see everything. And so we're really big in consulting of like tip out bids, having clear things, having it where your order is not like tucked in boxes and nooks and crannies. ⁓ And the way you're able to do that is by buying as you need it, rather than buying. Like I remember buying when I was an assistant ordering. Ted Osterer (23:07) What a waste. Kiera Dent (23:25) I think like 10 boxes of gloves. Like we had them stacked everywhere. It was just like an absurd amount because we were like, well, we got the deal. We need to have this versus like, no, like what are we using? That also keeps our costs down. We're not having these high end fluxes and low drops in our supplies. We're able to have that more consistent, have more consistent overhead. And like you said, sometimes Costco is not the cheapest. Sometimes I can get it cheaper at other places, but the reality is the time we're saving and also the more dentists buying within Synergy. more we're able to get the bulk discount. So it's like, it's the biggest DSO you can be a part of without being a part of a DSO, like air quotes around it, because you're not a part of a DSO, but it's the collective community group that's driving down the pieces for it. And Ted, correct me if I'm wrong, I feel like when I've talked to Synergy in the past, you don't have to give up your reps, because I know people get really weird about like, but like we've been best friends with so and so, and it's like, you can still order from the companies you want. Is that correct? Or do you need to like order through Benco? I thought it was like something with that, but help us understand like, Do I have to give up my rep? Do I have to only order through your guys' people? How does this work for me to transition over? Because I do know dentists are very loyal and I think that's an amazing attribute. I would say like stay loyal. Also make sure that your overhead's making sense as you're going and buying supplies. Ted Osterer (24:36) If you're a member of Center Gentle Partners, feel free to order from whoever you'd like. There's no minimums or anything like that. Now, are you better off buying from the suppliers in our network if you're trying to save money and time? Yes, like you just said. So Darby's our anchor supplier. They're the only distributor that we work with. If you're best friends with the Banco rep and you're looking to save money, and you give us a shot and like I said the sole point is to save money we can very much help you and there's plenty to go around that if you need to order from Banco who you mentioned earlier or any other distributor have at it but I mean if we can cut your supply cost by 25-30 % you keep your reps for service you keep your reps for whatever you choose to keep them for yes by all means we are not offended there's no exclusive like that. Now relationships are important. know, like you said that regarding manufacturers, if you have a rep already with Darby, you don't have to change who you're already ordering from as long as they're network. We don't force you to do anything differently. But hear me out. You brought up Costco. Now, you know, you went to Costco, you you only have how many free hours in a week? You know, either you can get that at Costco or you could spend the gas money and the time. Kiera Dent (25:44) Yeah. Mm-hmm. Ted Osterer (26:01) to hit up Walmart and Publix and somewhere else on the way home and now you're too tired to go do whatever it is that you wanted to do that night. But hey, you saved like 26 bucks, have at it, well done. How valuable is your time to you? Yeah. Kiera Dent (26:05) Yeah. Well done. Yeah. And if your gas is $7 a gallon, you did not actually make any money. thinking about that, but like for dentists, I think there's a good book, Dan Martell, I raved about him quite a few times to buy back your time. And I think this is a zone where we can have, where you can actually save time. You can save money and you can actually, even your assistant. So doctors, you might not be ordering, but your assistant's ordering. Think of like, if I didn't have to give up five hours or four hours of my assistant's time, which is what I used to have to block off. Ted Osterer (26:22) You Kiera Dent (26:43) and you can see more patients with that assistant rather than them ordering that right there is a cost saving. So I did some quick math because I heard what you said. If we are able to save you usually 25 % on your supply costs. So I just thought, okay, let's say there's a million dollar practice. This million dollar, that's about 83,000. We'll just do 84,000 rough math. A month is what this practice would be producing. We like as a consulting company for your supply costs to be about 5 % of that. So I was like, okay. That'd be like 4,200 bucks that month that could go towards supplies. If you guys save 25%, that's a thousand dollar savings, over a thousand dollar savings on that 4,200 a month. I was thinking about that, like a thousand dollars a month. This is on a million dollar practice. I didn't go for a sky high one. If you're bigger than that, obviously it's way more than that. But I just thought Ted, like, if you could save a thousand dollars a month, cause I know you guys have this, like you guys have sexy stats on how much you're able to save practices. I understand you might have to have two, three conversations with your reps. of like, guys, for us, we care about you, we love you. The reality is, I'm willing to have that conversation if I'm gonna get thousand bucks a month. Because that's now $12,000 for the year. And I think about, well right there, if you're looking at other things, virtual assistants can cost you $12,000 for a year. They can do all your billing, they can do outsource pieces for you, you could hire a personal assistant for you for $12,000. Even that extra $1,000 a month, I'm thinking, could you bring on different team members for that? What does that look like? I understand like a full assistance not going to cost you 12 grand, but I'm like virtual assistance are outsourced billing, different things that you could use those funds for that right there to me. I'd be willing to have some conversations and just look at. So that's where I want to, I'm really big on numbers because I'm like, cool, 25%. But I'm like, when it breaks down to like thousands a month that I could then reinvest and use in better areas, just like I'm like, you guys, you can keep spending money on Indeed. Go for it. And I'm not here to say indeed is not great. but you could also switch to AvaHR, which used to be VivaHR. It's literally 149 bucks a month for unlimited posting of ads. I took my cost of posting ads. I'm doing the same thing. I'm literally posting ads on the exact same platforms. I used to spend $15,000 a year on that, and now I pay about $1,200 a year. Right there, I'm like, that's a switch I'm willing to make. Yes, bummer, I don't get to like post directly to Indeed anymore. Same thing, I don't maybe get to like buy directly from my rep. you still can keep the relationship. Like if you need to buy equipment or different things like that, like you can still keep the relationship. But I think, and they will try to sweet talk you, but I've seen it with the buying groups, the savings that you get, I just say have the conversation. A thousand bucks a month, go on, get a massage, do something fun. Like, I don't know, take your kids on vacation for 12 grand, whatever it is, but that's just literally buying the same materials through a different platform and getting... money kickback. don't know. To me, Ted, it's always been a no-brainer, which is why I bring you guys on the podcast. So that's my spiel. But Ted, anything you have to take, wrap this up because I think with the tariffs, with the rising costs, realizing it's not that big of a deal, buy as you go. You can use these buying groups. You can be like a DSO, but you can buy what you need, not having to get all these deals. You're able to cut your costs. You said about 25 % on supplies and just go look at what you spent on supplies last three months. Think if you got 25 % of that back. I think I'd be willing to have a conversation. But Ted, you tell me what you think. Those are my thoughts on this. Ted Osterer (30:06) I said, I was going to say like the exact same thing, unfortunately, but I, you know, I'll take that one. I'll take that one second further to really, really simplify it. Right. And just summarize everything you just said. You know, we're partnered with over 50 supply partners, including eight different labs. Right. So as a consulting agency, right. Like we see labs as high as 10, 15%, you know, it should be what six to 8%. Yeah, so I mean, let's say you're a million dollar practice. That's the practice Kiera just said. If I save you just 1 % of your overhead, that is a $10,000 that Kiera's talking about. And it is so easy to save that as a member of Synergy. And my goodness, thank you so much for having me on. It really means a lot. And thank you for acknowledging. Kiera Dent (30:59) Yeah, of course. I think it's a matter where Ted, I, when I get really passionate about things, like I love Swell. They do their Google reviews so well, you're able to save costs on your marketing, but get like really incredible patients. When I see a zone where I'm like, supplies are supplies are supplies. I understand you love your rep, but I'm like, supplies are. If I can get the exact same anesthetic, like I need my Lido, it's certified and I can buy it from Benco or I can buy it from Shine, but I can get it for... X versus Y and I'm going to save substantially to me that's a way doctors it. I think that this is just being a higher level CEO that realizes just like DSO CEOs do as much as I love the product from X. I'm going to buy it from here because I'm literally able like it's the exact same thing. just get it on sale. So why would I not do that? And as a female like that's girl math for you Ted. Like if I can get it on sale, I'm going to buy it because I can use it to go get what I want over here. I just think like These are the zones, dentists, that the elites do. These are the zones that the multi-million dollar practices are doing. So learn from their strategies. Again, it's gonna be one, two, three, maybe a little bit uncomfortable conversations. You don't need to burn the relationship. But I would say if I was you sitting there looking at my overhead, looking for ways to do cash flow, I would radically consider something that's not going to impact your patient care, that's going to make your practice much easier and also give you more time back in your life. So that's why I you guys on. Again, I don't work for Synergy. We don't have an affiliate relationship with them. I love them, I adore them. I truly think you guys are just doing a great thing in the business. We are working on a partnership with them in the future for all of our clients. It's something that's really been big on my mind because I feel like, hey, why not? All of our clients that are with us, let's get them the best deals. But this is why I wanted you guys on the podcast. So Ted, how can people connect with you? How can they try you guys out? Again, you don't have to burn your rep. can just go even test it out. ⁓ But how can they try you guys out just to see what this looks like for their practice? Ted Osterer (32:53) Go to the TheSynergyDentalPartners.com know, leave your information with us. Please, please, please tell us that the A team sent you, you know, of course extra promotional offers if the A team, I mean, A plus team in my book, of course. ⁓ Yes, yes, A plus plus. And please let them know that you were sent by them so we can make the offering even more attractive for you. And you know, when you join Synergy, you don't even have to have that typical conversation. You can just hide in the bathroom. Kiera Dent (33:05) Thank you. Thank you. I agree. Ted Osterer (33:23) and we're all good. It's okay. Kiera Dent (33:25) Yeah, it truly is. Don't make this wild, you guys. ⁓ Ted, I appreciate it. Thank you so much for coming and talking about what the reality is and what things have gone up in pricing and how you guys have been able to watch it go up and down. You're seeing so many more supplies than just the solo practitioners seeing. so you're able to see, kind of like stock markets, we're able to see at a bird's eye view of what's really going in the landscape of it. And I want to just remind people, you guys, the future is bright. No matter what's going on, the future is bright. There's always solutions. Ted Osterer (33:29) Thank you. Kiera Dent (33:53) And I think right now is where we get a bit more scrappy, a bit more innovative, and truly you shouldn't be seeing much of a hit. Like shoot, if you're seeing a hit, just switch over to Synergy and you won't even see that hit. So try it out. ⁓ Ted, thank you for being on the podcast with me and thank you for everybody. I really think this is an awesome way for you guys to truly take care of your practice, take care of your patients, and make life easier, which is what we're all about. So Ted, thanks for joining me today. I super appreciate you. Ted Osterer (34:03) Yeah. ⁓ I'm happy to be here. Thanks again. Kiera Dent (34:19) And for all of you listening, thanks for listening and we'll catch you next time on the Dental A Team Podcast.
There are growing concerns that we may be in the late stages of a global asset bubble—though whether it’s a full-blown bubble or just elevated valuations depends on who you ask and which asset class you’re looking at. So we look at the latest data, and talk to Harry Dent, the famous author and economist, … Continue reading "Inside The Impossible Everything Bubble!"
Economist and author Harry Dent delivers his most urgent warning yet: the U.S. economy is heading into the biggest crash in modern history, and the fallout will be far worse than 2008. In this explosive interview with Maggie Lake, Dent explains why the bubble is already bursting, how stocks could fall up to 90%, and why real estate is ground zero for the coming collapse. In this hard-hitting interview: Why $27 trillion in stimulus distorted the economy How zombie companies and malinvestment are dragging us down What the Fed and Politicians still don't understand about recessions Why Millennials will be the biggest winners of the crash The only true safe haven (hint: it's not gold or Bitcoin) And when Dent believes the crash will begin, and end Want a second opinion on your investment strategy? Wealthion offers free, no-obligation portfolio reviews with trusted financial advisors: https://bit.ly/3Ga6WZo Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Chapters:1:00 - Harry Dent's Bold Prediction: The Greatest Crash in History 6:44 - The Walking Dead Economy: Malinvestment & Zombie Companies 10:09 - Has the Fed Already Lost Control? 13:32 - What Will Finally Trigger the Collapse? 17:07 - Real Estate Is Ground Zero for the Coming Crash 20:13 - How to Survive the Crash: Dent's Safe Haven Picks 25:21 - Is Bitcoin the Big Winner After the Dust Settles? 27:48 - Are We Heading Into a 1930s-Style Depression? 30:22 - Will the Government Make It Even Worse? 32:29 - Is the U.S. Still the Safe Haven Everyone Thinks? 35:34 - AI vs Demographics: What Really Drives the Next Boom? 39:19 - Timing the Collapse: Dent's 2025-28 Roadmap Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #HarryDent #MarketCrash #RealEstateBubble #Recession2025 #EconomicCollapse #FederalReserve #TLT #SafeHaven #Millennials #MacroEconomics #DebtCrisis #FinancialReset #HousingMarket ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust. Learn more about your ad choices. Visit megaphone.fm/adchoices
Investors Do Stupid Stuff! Don't Buy the “Market.” Harry Dent and Friends! Professor Chaos and Tariffs! Economic Reality and Tariffs. Financial Spring Cleaning?? Politics and the Fed. Dolphins and Spaceships. DOGE is Getting SCREWED! New Income Tax Proposal is Dumb! Tesla and Domestic Terrorism. Al Gore Begs for More Money! Building Permit Mafia. Salary Recalibration. Poop Throwing Chinese Economic Policy! Morgan Stanley DEI Fail. Tim Walz Thinks He Can Take Me. The Values and Traits We Have Lost. WTF Iran?? JFK File Dump. The NYT Comes Clean on Covid?? Harvard and Remedial Algebra. Go Poland! Stop Cooking Your Food??
What happens when the biggest financial bubble in history finally bursts? Josh sits down with economist and bestselling author Harry Dent to break down his latest predictions for a massive market downturn between 2025 and 2027. Dent explains why recessions aren't just inevitable, they're necessary. They dive into the consequences of runaway debt, the real state of the stock and real estate markets, and why failing businesses need to collapse for true innovation to thrive. Dent also shares his thoughts on how millennials might eventually fuel the next economic boom, but only if the system gets the reset it needs. Can't get enough of The Financial Quarterback? Click ‘Subscribe' so you never miss a play. If you're enjoying the show, leave a 5-star rating and drop a review—it helps keep the game going!
n this interview, I sit down with the economist and best-selling author Harry Dent to discuss the biggest bubble in history, driven by unprecedented government stimulus and money printing. Dent explains why a recession may be necessary, shares his crash timeline, and challenges gold's safe-haven status. He also points out that shifting demographics, rapid advances in AI, and the move from China to India could transform global markets.#economy #gold #marketcrash ------------Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver------------
TAKEAWAYSPublic service is for the benefit of the American people, not for the benefit of one's selfThe Romanian leaders told Harry Dent that our president and Churchill gave them to Joseph Stalin on a “paper napkin”Our leaders should ask God for forgiveness for America's sinsMost of our media parrots governmental talking points - a sign of communism
Ginny Dent Brant grew up in the halls of power in Washington, D.C., where her father, Harry Dent, served three presidents and a very powerful senator. Because of her upbringing, she is well acquainted with the difference between American freedom and tyrannical communism. Her father also helped the underground churches in Romania plant on the surface after intense persecution. Harry helped the newly elected president of Romania after communism to bring the country to freedom. Ginny is an educator, counselor, speaker, wife, and mother. She is also the author of Finding True Freedom: From the White House to the World. She talks about the high calling of public service and the damage communism - in every form - can do to freedom. Many red flags of how deep communism has penetrated America is also given. TAKEAWAYS Public service is for the benefit of the American people, not for the benefit of one's self The Romanian leaders told Harry Dent that our president and Churchill gave them to Joseph Stalin on a “paper napkin” Our leaders should ask God for forgiveness for America's sins Most of our media parrots governmental talking points - a sign of communism
Many are predicting that cryptocurrency, and the stock market in general, is going to continue going up as Trump enters office. But there’s an economist who has been successfully predicting downturns in economies and industries for decades who says otherwise. Harry Dent has a unique approach to economic forecasting focuses on demographic trends and consumer spending patterns, and he makes his position clear on where this is all heading. Are we going to see Bitcoin hit ridiculous all-time highs, or will the coming economic enema do a much-needed deep clean on the everything bubble? Let’s discuss the key trends and signals that you’ll want to be aware of on this “hold on to your lugnuts” episode #759 of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/759 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunes Google Podcasts: http://badco.in/google Spotify: http://badco.in/spotify Amazon Music: http://badco.in/amazon FREE NFTs when you JOIN THE BAD CRYPTO NIFTY CLUB at https://badcrypto.uncut.network FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubya Facebook: /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER: Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.
Jason welcomes Harry Dent, a renowned economic forecaster, discussed the prolonged economic bubble. He emphasized that the current bubble, driven by massive government stimulus and money printing, is unprecedented in its longevity—three times longer than historical bubbles. Dent believes the bubble, which should have burst by 2021, has been artificially extended due to ongoing government intervention. He predicts the bubble will pop soon, with financial markets starting to crash in 2024, reaching their lowest point by 2026-2027. He warns that both stock and real estate markets are significantly overvalued, leading to a painful economic downturn. #HarryDent #EconomicBubble #FinancialCrisis #StockMarketCrash #RealEstateMarket #GovernmentStimulus #GreatRecession #InflationCrisis #FinancialAssets #InvestmentRisks #EconomicOutlook #MarketCrashPrediction #BubbleBurst #RealEstateBubble #Economy Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
In Episode 56 of The Kershner Files, Dave provides the standard updates for PMs, Survival Realty, and state specific gun shows. He discusses two products in Garnuu Organic Tampons and Earth Breeze Laundry Detergent Eco Sheets. From there he dives into Trumps Cabinet picks and the still lingering threat of an economic collapse. Dave e takes a few minutes to discuss ATF Form 4 before he closes the show discussing the avoidance of civil unrest situations and observing your neighbors for critical intel. Articles/topics discussed: Spot Prices for Gold (Au) and Silver (Ag) - from the davidjkershner.com website Survival Realty - featured properties and new listings State-by-State Gun Shows - from the davidjkershner.com website L2Survive YouTube content Garnuu Organic Tampons Earth Breeze Laundry Detergent Sheets Trump's picks so far: Here's who will be advising the new president from Fox News Trump's post-election stock boom won't stop inevitable doom, economist Harry Dent warns by Kristen Altus from Fox Business Consumers Are Drowning In Debt As Hordes Of Businesses Fail All Over The U.S. by Michael Snyder from Economic Collapse Blog The First Thing You Should Do When Civil Unrest Starts by Charl M from Ask a Prepper This Is Why You Should Watch Your Neighbors Carefully by Eric Beuning from Ask a Prepper Support Dave by visiting his Etsy shop at DesignsbyDandTStore Available for Purchase - Fiction: When Rome Stumbles | Hannibal is at the Gates | By the Dawn's Early Light | Colder Weather | A Time for Reckoning (paperback versions) | Fiction Series (paperback) | Fiction Series (audio) Available for Purchase - Non-Fiction: Preparing to Prepare (electronic/paperback) | Home Remedies (electronic/paperback) | Just a Small Gathering (paperback) | Just a Small Gathering (electronic)
In Episode 56 of The Kershner Files, Dave provides the standard updates for PMs, Survival Realty, and state specific gun shows. He discusses two products in Garnuu Organic Tampons and Earth Breeze Laundry Detergent Eco Sheets. From there he dives into Trumps Cabinet picks and the still lingering threat of an economic collapse. Dave e takes a few minutes to discuss ATF Form 4 before he closes the show discussing the avoidance of civil unrest situations and observing your neighbors for critical intel. Articles/topics discussed: Spot Prices for Gold (Au) and Silver (Ag) - from the davidjkershner.com website Survival Realty - featured properties and new listings State-by-State Gun Shows - from the davidjkershner.com website L2Survive YouTube content Garnuu Organic Tampons Earth Breeze Laundry Detergent Sheets Trump's picks so far: Here's who will be advising the new president from Fox News Trump's post-election stock boom won't stop inevitable doom, economist Harry Dent warns by Kristen Altus from Fox Business Consumers Are Drowning In Debt As Hordes Of Businesses Fail All Over The U.S. by Michael Snyder from Economic Collapse Blog The First Thing You Should Do When Civil Unrest Starts by Charl M from Ask a Prepper This Is Why You Should Watch Your Neighbors Carefully by Eric Beuning from Ask a Prepper Support Dave by visiting his Etsy shop at DesignsbyDandTStore Available for Purchase - Fiction: When Rome Stumbles | Hannibal is at the Gates | By the Dawn's Early Light | Colder Weather | A Time for Reckoning (paperback versions) | Fiction Series (paperback) | Fiction Series (audio) Available for Purchase - Non-Fiction: Preparing to Prepare (electronic/paperback) | Home Remedies (electronic/paperback) | Just a Small Gathering (paperback) | Just a Small Gathering (electronic) view less --- Support this podcast: https://podcasters.spotify.com/pod/show/contra-radio-network/support
Jason Hartman and Harry Dent debated the future of real estate and Bitcoin. Hartman believes a real estate crash is unlikely due to low inventory and lack of distressed homeowners. Dent, however, sees a larger financial crisis on the horizon due to inflated asset prices and aggressive central bank actions. Dent predicts a sharp decline in Bitcoin, which could trigger a broader sell-off in crypto and stocks. Both acknowledge the role of central banks in manipulating markets, but have differing views on their ability to prevent a major crash. Get Harry's FREE newsletter at https://harrydent.com/ #realestate #bitcoin #assetbubble #financialcrisis #centralbanks #inflation #cryptocurrency #stocks #investment #economy #markets #forecasting #prediction Key Takeaways: Harry Dent's interview part 2 2:39 Bubble talk 10:12 Chart: Bitcoin Declining Megaphone Should Reverse Sharply Down by 68,000 15:57 Asset prediction: what's coming 20:42 Talking politics and strategies 23:07 Sun Spot Cycles and the 2 cycles that affect the economy 25:39 $630 Trillion in financial assets 27:44 Real estate going back to the 2012 prices 31:34 Technology 34:11 Kicking the can down the road Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
In this interview, I sit down with Harry Dent, renowned economist and author, to discuss the looming economic crisis fueled by unprecedented government stimulus. We explore why Dent believes a $27 trillion debt bubble is unsustainable, his predictions for the next major market crash, and why he disagrees with popular opinions on gold as a safe haven—challenging figures like Peter Schiff. Viewers can expect insights into the future of bonds, stocks, real estate, and the global economy, along with practical advice on how to prepare for the financial challenges ahead. #gold #debt #money ------------ Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver ------------
Jason expressed skepticism about Harry Dent's predictions and emphasized the importance of looking at real data rather than relying on trends or assumptions. He discussed the current state of the housing market, the benefits of moving to a lower cost of living area, and the potential for future changes in housing prices. Jason also introduced a monthly masterclass on Northwest Indiana, encouraged attendees to register for one-on-one discussions, and hinted at future sessions on asset protection. Today Jason welcomes Harry Dent, a renowned economic forecaster, discussed the prolonged economic bubble. He emphasized that the current bubble, driven by massive government stimulus and money printing, is unprecedented in its longevity—three times longer than historical bubbles. Dent believes the bubble, which should have burst by 2021, has been artificially extended due to ongoing government intervention. He predicts the bubble will pop soon, with financial markets starting to crash in 2024, reaching their lowest point by 2026-2027. He warns that both stock and real estate markets are significantly overvalued, leading to a painful economic downturn. #HarryDent #EconomicBubble #FinancialCrisis #StockMarketCrash #RealEstateMarket #GovernmentStimulus #GreatRecession #InflationCrisis #FinancialAssets #InvestmentRisks #EconomicOutlook #MarketCrashPrediction #BubbleBurst #RealEstateBubble #Economy Key Takeaways: Jason's editorial 1:28 Hurricane Helene and the rising costs of housing 2:55 Join our Zoom meetings EmpoweredInvestor.com 4:08 Harry "doomer" Dent and the problem with reading "trends" 6:30 Article: housing demand firming up with lower mortgage rates 8:02 Chart: Total Home Sales Contracts Pending 8:28 Buying Power and Sensitivity and the 11 million illegal immigrants 10:59 Affordability 12:47 Crash bros, the democrats and the Socialist Republic of California 15:20 August 2024 Real House Price Index Highlights 19:47 A Cautiously Optimistic Outlook 21:16 Join our Wednesday Zoom meeting! JasonHartman.com/Wednesday Harry Dent's interview part 1 23:08 Harry in Puerto Rico 24:18 A "permanent plateau of prosperity" 30:52 Are we in a bubble 33:14 A timeframe for popping bubbles and what it looks like 36:14 Real estate crash Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
"Australian housing to fall 50%". That was the takeaway from a recent report on Channel 9's 60 Minutes after an interview with economist Harry Dent. To kick off this episode we explain why that is some of the worst financial reporting we've seen in a while. Do better Channel 9. That's not all we cover in a big episode of Equity Mates:How Channel 9 and Channel 7 have reported very similar stories before Investor Confessions returns with two new confessions We unpack what has made Nvidia such a great company —------Want to get involved in the podcast? Record a voice note or send us a message on our website and we'll play it on the podcast.—------Want more Equity Mates?Sign up to our email to keep up with business news Listen to our basics-of-investing podcast: Get Started Investing (Apple | Spotify)Watch Equity Mates on YouTubePick up our books: Get Started Investing and Don't Stress, Just InvestFollow us on social media: Instagram, TikTok, & LinkedIn—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.
Check out our past deals, future ones, and join our community: https://thewealthelevator.com/club/In this week's podcast episode, we sit down with market analyst and author Harry Dent to discuss his predictions for a significant market crash and the role demographics, such as baby boomers and millennials, play in economic cycles. Harry delves into the impacts of COVID-19, the recent shifts in investment strategies by family offices, and why the stock market's current rise is unsustainable. We also explore alternative investments like bonds, nursing homes, international markets, and the future of real estate. Harry emphasizes the importance of understanding long-term macroeconomic trends over short-term market movements. Whether you're a seasoned investor or just starting, get ready for an insightful discussion on how to navigate the upcoming economic landscape.00:00 Introduction to the Podcast00:12 Market Predictions and Demographic Trends01:16 Investment Strategies and Economic Indicators01:45 Invitation to Join the Community03:11 Introducing Harry Dent Jr.03:56 Post-COVID Economic Analysis04:31 Stimulus and Inflation06:32 Predictions for the Upcoming Recession10:31 The Role of Demographics in Economic Cycles20:34 Global Demographic Shifts24:28 Immigration and Economic Growth in East Asia26:05 Japan's Economic Challenges27:05 China's Demographic and Economic Future28:15 Urbanization and Economic Growth30:15 The U.S. Real Estate Bubble34:24 Investment Strategies for the Future39:08 Opportunities in Real Estate and Business46:17 Final Thoughts and Recap Hosted on Acast. See acast.com/privacy for more information.
Is the crisis over? Too soon to tell, but the Nikkei did rebound, the Yen is coming down, and the BOJ is hold steady on rates. Earnings season continues; and it's too soon to suume the market has found the bottom. Admonition to be wary of the narratives. Market rally into the 100-DMA, buyt unlikely to test resistance the 50-DMA just yet. Understanding the Yen Carry Trade; risk management vs greed. Diversification worked on Monday. The Fed soesn't even know what they're going to do; they're behind the curve. How we created inflation, and expecting recession. Remembering Texas' gasoline lines in the '70's. Harry Dent's perpetual doom & gloom: If market decline 94% we'll have more to worry about than stocks. Will your financial plan survive the next crash? The Ernon and WorldCom debacles; what risk management really means. Investor sentiment & the Sahm Rule: This time IS different. General market sentiment remains extremely bullish. FOMO of market bottom; Monday's bottom is likely not The Bottom of the market. SEG-1: Markets Rally & Retest 100-DMA SEG-2: Why Diversification Worked During Monday's Crash SEG-3: What Risk Management Really Entails SEG-4: Why Monday's Bottom is Likely NOT The Bottom Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=rZWdk9bCH5Q&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s ------- Articles mentioned in this report: "Yen Carry Trade Blows Up Sparking Global Sell-Off" https://realinvestmentadvice.com/yen-carry-trade-blows-up-sparking-global-sell-off/ "Inversion Of Yield Curve Finally Reversing" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Markets Bounce Back after Monday's Crash" is here: https://www.youtube.com/watch?v=8I2RvwFcN5w&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Is the Selling Over?" https://www.youtube.com/watch?v=De_ft6IWTq8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketCorrection #CarryTrade #YieldCurveInversion #RecessionMisconception #YieldCurveUninversion #EconomicIndicators #FinancialHeadlines #InvertedYieldCurve #RecessionPrediction #EconomicAnalysis #MarketSignals #InterestRates #BondYields #EconomicCycles #FinancialMedia #MarketCommentary #EconomicForecasting #MarketTrends #FinancialEducation #Bonds #Gold #Recession #ISMServicesIndex #Markets #Money #Investing
Is the crisis over? Too soon to tell, but the Nikkei did rebound, the Yen is coming down, and the BOJ is hold steady on rates. Earnings season continues; and it's too soon to suume the market has found the bottom. Admonition to be wary of the narratives. Market rally into the 100-DMA, buyt unlikely to test resistance the 50-DMA just yet. Understanding the Yen Carry Trade; risk management vs greed. Diversification worked on Monday. The Fed soesn't even know what they're going to do; they're behind the curve. How we created inflation, and expecting recession. Remembering Texas' gasoline lines in the '70's. Harry Dent's perpetual doom & gloom: If market decline 94% we'll have more to worry about than stocks. Will your financial plan survive the next crash? The Ernon and WorldCom debacles; what risk management really means. Investor sentiment & the Sahm Rule: This time IS different. General market sentiment remains extremely bullish. FOMO of market bottom; Monday's bottom is likely not The Bottom of the market. SEG-1: Markets Rally & Retest 100-DMA SEG-2: Why Diversification Worked During Monday's Crash SEG-3: What Risk Management Really Entails SEG-4: Why Monday's Bottom is Likely NOT The Bottom Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=rZWdk9bCH5Q&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s ------- Articles mentioned in this report: "Yen Carry Trade Blows Up Sparking Global Sell-Off" https://realinvestmentadvice.com/yen-carry-trade-blows-up-sparking-global-sell-off/ "Inversion Of Yield Curve Finally Reversing" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Markets Bounce Back after Monday's Crash" is here: https://www.youtube.com/watch?v=8I2RvwFcN5w&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Is the Selling Over?" https://www.youtube.com/watch?v=De_ft6IWTq8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketCorrection #CarryTrade #YieldCurveInversion #RecessionMisconception #YieldCurveUninversion #EconomicIndicators #FinancialHeadlines #InvertedYieldCurve #RecessionPrediction #EconomicAnalysis #MarketSignals #InterestRates #BondYields #EconomicCycles #FinancialMedia #MarketCommentary #EconomicForecasting #MarketTrends #FinancialEducation #Bonds #Gold #Recession #ISMServicesIndex #Markets #Money #Investing
Is forecasting more reliable than ever before, or is it still a guessing game? The shop digs into the 10 stocks that represent the entirety of the S&P 500, why Harry Dent doesn't always get it wrong, and why Piper Sandler's dropping their forecasting before diving into the market's begging broadening of the rally […] The post Bulletproof Stops in Election Year Chaos | Your Money Podcast – Episode 508 appeared first on Revere Asset Management.
Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial are back with a Fed meeting day edition where they break down the new end of year interest rate dot plots and Jay Powell's press conference. Plus, they riff on Harry Dent's latest prediction saying Nvidia is going down 98% and why the doom and gloom crowd are harmful to investors. Later discussing Apple's breakout after their AI announcement at WWDC conference and the reaction to the CPI inflation print. All this and more! Apple's AI WWDC announcement reaction by the stock market Apple vs Nvidia vs Microsoft for the title of largest market cap Buy the Rumor Sell the News Buy the News on Apple Post Fed Meeting announcement reaction Fed newest Dot plots and what they say for the year end target for interest rates The fed funds futures moves intraday How to calculate the implied fed funds rate Inflation print comes in light but year over year numbers still above Fed's target How the CPI Supercore is still running over 4.8% year over year Harry Dent says markets are going to crash but has said the same thing over and over again Why doom and gloom predictions are harmful for investors Reviewing some past Harry Dent prognostication Harry Dent says Nvidia may go down 98% while the Nasdaq will see a -92% crash Battle for the largest market cap between Apple, Nvidia, and Microsoft gets interesting Mentioned in this Episode Harry Dent predicts Nasdaq to crash 92% https://www.livemint.com/market/stock-market-news/boy-this-is-over-economist-harry-dent-predicts-98-crash-in-nvidia-92-drop-in-nasdaq-heres-why-11718162529764.html CBS News article “Harry Dent and the chamber of poor returns” https://www.cbsnews.com/news/harry-dent-and-the-chamber-of-poor-returns/ GameStop Option Bets | S&P Too Top Heavy? | Nvidia Passes Apple | Upcoming Banking Problems from Mortgages? https://podcasts.apple.com/us/podcast/gamestop-option-bets-s-p-too-top-heavy-nvidia-passes/id1432836154?i=1000658371572 Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag Contact Derek derek.moore@zegafinancial.com www.zegafinancial.com
In this episode of the Market Moment, Matt, Lee, and John delve into three critical topics impacting the current financial landscape: Apple's groundbreaking AI announcement, the fluctuating oil prices, and the looming threat of a major recession. They start with Apple's unveiling of its generative AI initiative, Apple Intelligence, at the WWDC conference. This new technology will be deeply integrated across Apple's ecosystem, offering unique capabilities distinct from competitors like Microsoft's Copilot and Google's Gemini. This significant move has been highly anticipated by Wall Street, marking Apple's entry into the generative AI space. However, it appears Apple's stock hasn't been very affected by this announcement... Next, the discussion shifts to the recent developments in the oil market. Following an OPEC+ decision to increase production, oil prices have experienced a notable rise. Analysts, including those from Goldman Sachs, predict a significant supply deficit driven by summer fuel demand, which could push Brent crude prices higher. The hosts explore how these dynamics are influencing market sentiment and what investors can expect as the Federal Reserve prepares to release key inflation data and market reports. John notes that high gas and utility prices affect the lower to middle class substantially more and could hit the economy in turn. Finally, the episode addresses the stark economic forecast presented by economist Harry Dent, who predicts an unprecedented market crash. Drawing parallels to historical bubbles, Dent argues that the current market is inflated due to prolonged artificial stimulus, setting the stage for a massive correction. He predicts dramatic declines for major indices and stocks, emphasizing the need for a market reset to pave the way for future growth. This segment provides listeners with a sobering perspective on potential market trajectories and the implications for long-term investments. Don't forget to leave us a comment so we can react to it in the next episode! You can send your comments and questions to: TheMarketMoment@mach1fg.com And click here to join the growing community! Mach-1 Financial Group, LLC (“Mach-1”) is an SEC Registered Investment Adviser located in Rogers, AR. Mach-1 may only transact business in those states in which it maintains a notice filing, or qualifies for an exemption or exclusion from registration requirements. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability. Third party ratings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client's evaluation. For full disclosures please see https://mach-1financial.com/disclosures/
On this week's episode of Retirement Lifestyle Advocates Radio with your host Dennis Tubbergen, economist Harry Dent predicts a significant economic downturn in the US, with the government adding a trillion dollars in debt every 100 days. He believes that the US has been avoiding a second Great Depression since 2008 by printing money and…
In this episode, we explore the intersection of elections and markets, unraveling the uncertainties and preparing you for potential market fluctuations in 2024. With speculation rife about a looming recession and heightened volatility due to the election year, many are left wondering about the fate of their investments. Kevin shares insights into market forecasts, drawing from renowned analysts like Harry Dent, to help you understand the implications for your retirement portfolio. Discover why comprehensive retirement planning is essential to weathering market downturns and safeguarding your financial future. But the conversation doesn't stop there—we delve into the infamous 4% rule and its limitations in today's economic climate. While touted as a retirement withdrawal strategy, Kevin reveals the hidden risks and challenges that retirees may face when relying solely on this rule. From market crashes to inflation and longevity risk, learn why a personalized approach to retirement income planning is paramount. Get your CUSTOM Retirement Income Plan TODAY! See omnystudio.com/listener for privacy information.
Jason and Mark Moss delve into the media landscape's sensationalism and fear-mongering, particularly in financial spaces. Moss criticizes analysts like Harry Dent, noting their linear thinking and failure to account for the changing dynamics post-2008 crisis. Moss predicts continued government intervention to prop up markets, leading to prolonged debt expansion and diminishing returns. Despite concerns over inflation, Moss argues elites benefit from inflationary policies, making it a preferable choice over deflationary collapse. Moss's insights underscore a nuanced view of economic dynamics and media narratives, emphasizing systemic complexities. #EconomicAnalysis #FinancialInsights #MarketTrends #MacroEconomics #Inflation #DebtCrisis #CentralBanks #GovernmentPolicy #FinancialStrategy #InvestmentOutlook #AssetAllocation #EconomicForecasting #MarketAnalysis #FinancialEducation #RiskManagement #GlobalEconomy #MonetaryPolicy #QuantitativeEasing #MarketManipulation #AssetPrices Key Takeaways: 0:00 Is the sky falling? 14:53 The law of diminishing returns 18:52 Crashing down and up 20:24 Maniacal focus on the yield curve 26:16 Nothing moves in a straight line 27:30 Kicking the can down the road by year 2035 29:58 Choose where you want your focus to be 32:00 The first billion dollar solopreneur via Ai Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
The demographic cliff - a controversial idea that declining population growth will trigger economic disaster. But is it real or just sensationalized clickbait pushed by those with an agenda?Investment advisor Harry Dent popularized demographic cliff fears in the mid-2000s to sell his financial advice (and a book, of course). From there, it became a favored trope in education, where school administrators - from K-12 to college - worried about not having enough enrolled students. Recently, concerns have shifted to plummeting birth rates in South Korea, China, and Canada. But throughout history, similar narratives have repeatedly stoked moral panic about changing demographics - from Gen X's alleged lack of work ethic to Millennials' supposed disinterest in homeownership and parenthood. Cutting through the hype, Farrah and Adam expose who gains from pushing demographic doomsday myths and why resisting these misleading narratives matters.Mentioned Resources:Harry Dent's book "The Demographic Cliff": https://www.amazon.com/Demographic-Cliff-Survive-Prosper-Deflation/dp/1591847273New York Times article on China's demographic challenges: https://www.nytimes.com/2023/01/16/business/china-birth-rate.htmlWhy Pew Research Center is no longer reporting on generations: https://www.pewresearch.org/short-reads/2023/05/22/how-pew-research-center-will-report-on-generations-moving-forward/New York Times Op Ed on the population of school-aged children dropping: https://www.nytimes.com/2023/06/14/opinion/declining-enrollment.htmlNational Post article on the Canadian birth rate drop off: https://nationalpost.com/opinion/canadas-birth-rate-has-dropped-off-a-cliff-and-its-because-nobody-can-afford-housingFind us at www.inthedemopodcast.com where you can also sign up for our newsletter.You can also find us on twitter or instagram at @inthedemopod for updates and clips, and on LinkedIn. Hosted on Acast. See acast.com/privacy for more information.
Harry Dent believes the dot com crash and the Great Financial Crisis were just a warmup for what is coming in the market, and he thinks that when reality finally hits, the level of wealth destruction will be monstrous. Harry discusses how your average retail investor can find shelter from the storm, how he views the future of gold and silver, the growing move away from the U.S. dollar, and much more. Harry's Free Newsletter: https://harrydent.comThe HS Dent Forecast: https://hsdent.com/hs-dent-forecast Follow Jesse Day on X: https://twitter.com/jessebdayCommodity Culture on Youtube: https://youtube.com/c/CommodityCulture
Jason and Mark Moss delve into the media landscape's sensationalism and fear-mongering, particularly in financial spaces. Moss criticizes analysts like Harry Dent, noting their linear thinking and failure to account for the changing dynamics post-2008 crisis. Moss predicts continued government intervention to prop up markets, leading to prolonged debt expansion and diminishing returns. Despite concerns over inflation, Moss argues elites benefit from inflationary policies, making it a preferable choice over deflationary collapse. Moss's insights underscore a nuanced view of economic dynamics and media narratives, emphasizing systemic complexities. #EconomicAnalysis #FinancialInsights #MarketTrends #MacroEconomics #Inflation #DebtCrisis #CentralBanks #GovernmentPolicy #FinancialStrategy #InvestmentOutlook #AssetAllocation #EconomicForecasting #MarketAnalysis #FinancialEducation #RiskManagement #GlobalEconomy #MonetaryPolicy #QuantitativeEasing #MarketManipulation #AssetPrices Key Takeaways: 1:01 Is the sky falling? 15:20 The law of diminishing returns 19:24 Crashing down and up 20:55 Maniacal focus on the yield curve 26:47 Nothing moves in a straight line 28:01 Kicking the can down the road by year 2035 30:29 Choose where you want your focus to be 32:32 The first billion dollar solopreneur via Ai
Jason discusses a survey on the US housing shortage by 11 major firms, emphasizing the severity of the shortage in the entry-level market. He also brought up the rise of romance scams, the importance of reporting them, and urged caution. Lastly, Jason mentioned the increasing trend of STIs. Join the Empowered Investor cruise https://www.jasonhartman.com/ https://www.baselane.com/jason Jason and Mark Moss delve into the media landscape's sensationalism and fear-mongering, particularly in financial spaces. Moss criticizes analysts like Harry Dent, noting their linear thinking and failure to account for the changing dynamics post-2008 crisis. Moss predicts continued government intervention to prop up markets, leading to prolonged debt expansion and diminishing returns. Despite concerns over inflation, Moss argues elites benefit from inflationary policies, making it a preferable choice over deflationary collapse. Moss's insights underscore a nuanced view of economic dynamics and media narratives, emphasizing systemic complexities. #EconomicAnalysis #FinancialInsights #MarketTrends #MacroEconomics #Inflation #DebtCrisis #CentralBanks #GovernmentPolicy #FinancialStrategy #InvestmentOutlook #AssetAllocation #EconomicForecasting #MarketAnalysis #FinancialEducation #RiskManagement #GlobalEconomy #MonetaryPolicy #QuantitativeEasing #MarketManipulation #AssetPrices Key Takeaways: Jason's editorial 2:07 The housing shortage, as told by 11 major research firms 5:43 Romance scams reported in the US 7:38 Complain to your government 10:20 STI's are on the rise in Europe 11:49 Join the Empowered Investor cruise https://www.jasonhartman.com/ 12:51 https://www.baselane.com/jason Mark Moss interview 13:44 Is the sky falling? 28:04 The law of diminishing returns 32:08 Crashing down and up 33:39 Maniacal focus on the yield curve 39:31 Nothing moves in a straight line 40:45 Kicking the can down the road by year 2035 43:13 Choose where you want your focus to be 45:16 The first billion dollar solopreneur via Ai Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Happy 2024 from the team at Keen Wealth Advisors! The Dow sent us into the New Year on a high note -- literally -- by hitting a new all-time high in December on the back of some very positive economic news. Employment and job creation are still strong. It looks like we're going to avoid the recession that some analysts have been predicting for the better part of two years. And the Federal Reserve is hinting that it might be done with interest rate hikes as well. That's a pretty good jumping-off point for a year that, I can confidently predict, sure won't be boring. Elections, Olympics, big changes to how and where we work, advances in AI and other tech, ongoing conflicts across the globe, Leap Day -- there's a lot to look forward to in 2024, but also a lot of very serious matters to keep tabs on, and a lot of potential distractions to filter out of your financial planning. On today's show, we dispel one such distraction from financial writer Harry Dent and share some economic data that should ground your thinking about your money in the year ahead. My co-hosts and I also share our New Year's goals with the hope that we'll get a little extra accountability from each other and our Keen on Retirement audience.
It's Tuesday, January 2nd, A.D. 2024. This is The Worldview in 5 Minutes heard at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Vietnamese Christians hassled by Thai police Vietnamese Christians already persecuted out of their country into Thailand have now been arrested by the Thai police. International Christian Concern reports that an evangelist, Lù A Da, was arrested on December 7 in Bangkok. He is incarcerated at a local police station. In addition, 11 Montagnard Christians, who were arrested in November, were kept in prison over Christmas — at an Immigration Detention Centre. Japanese earthquake An earthquake registering 7.6 on the Richter scale hit the west coast of Japan's big island of Honshu on New Year's Day, reports CBS News. After homes collapsed and officials issued tsunami warnings, coastal residents headed for higher ground. Six people were killed That's the most powerful earthquake that has hit Japan since 2015. Japan is usually in the top six nations experiencing the most earthquakes each year. Indonesia and Mexico are usually #1 and #2 on the list. Why Ohio GOP Governor vetoed anti-transgender bill Conservatives in America are grappling with why Ohio's Republican Governor Mike DeWine vetoed a bill that would have disallowed puberty blockers for children, and banning boys, pretending to be girls, from playing on girls sports teams in public schools. According to the Federalist Papers, it turns out Governor DeWine received $40,300 from the Ohio Children's Hospital Association, Cincinnati Children's, Nationwide Children's Hospital, and ProMedica Children's Hospital for his election campaign. The president of Ohio Children's Hospital Association, Nick Lashutka, had testified against the Republican bill in the House, the bill which the Governor subsequently vetoed. To register your objection, send Governor DeWine an email through a special link in our transcript today at www.TheWorldview.com. Or send a letter to Governor Mike DeWine, 77 South High Street, 30th Floor, Columbus, OH 43215. U.S. stock compared to global stocks Are American stocks overvalued? The NASDAQ stock index has hit an all-time high, closing Friday at 16,826. That's up from 1,204 in 2009, a 14-fold increase. The Dow Jones Industrial Average closed for the year 2023 at 37,690, up from 7,060 in 2009. That's a 5-fold increase. Meanwhile, almost every other stock market in the world hasn't come close to these valuations. WolfStreet.com reports that the Chinese Shanghai composite is still where it was in 2009. Japan's Nikkei is leveled off where the index stood in 1989. The UK FTSE Index is up about 50% since 2009. Spain's IBEX index is still where it was sitting in 2009. Canada's Index is up about 40% from 2008. Economist predicts 2024 “biggest single crash year in our lifetimes” Is the American industry really doing 20 to 100 times better than England, China, and Japan? U.S. economist Harry Dent told Fox Business: “Since 2009, this has been a 100% artificial [economy], with unprecedented money printing and deficits; $27 trillion over 15 years, to be exact. … We're in a dangerous state. 2024 is going to be the biggest single crash year we'll see in our lifetimes." The economist forecasts an 86% crash in the S&P, a 92% crash in the NASDAQ, 96% for crypto, and significant deflation on housing prices. But Jesus said, “Take heed and beware of covetousness, for one's life does not consist in the abundance of the things he possesses.” (Luke 12:15) Our Savior also said, “Lay up for yourselves treasures in Heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also.” (Matthew 6:19-21) Taylor Swift: Time's Person of the Year A pop music star turned out to be Time Magazine's Person of the Year for 2023. Taylor Swift is the latest goddess of pop culture. Her 131-date “Eras” world tour is on track to be the highest-grossing concert tour of all time — estimated to top $1.4 billion. Taylor Swift is known for her pro-homosexual songs such as “Welcome to New York” and “You Need to Calm Down,” as well as nihilistic themes found in “Anti-hero” and “I Don't Wanna Live Forever.” Notable Christian leaders who died in 2023 And finally, let's remember a number of notable Christian leaders who died in 2023. They include Pastor Jack Hayford, George Verwer, Pastor Charles Stanley, Pastor Tim Keller, Christian Broadcaster Pat Robertson, and Sarah Young, author of Jesus Calling. In the words of Ecclesiastes, “Man also does not know his time. … Let us hear the conclusion of the whole matter: Fear God and keep His commandments, for this is the duty of all mankind. For God will bring every work into judgment, including every secret thing, whether good or evil.” (Ecclesiastes 9:12, 12:13-14) Close And that's The Worldview in 5 Minutes on this Tuesday, January 2nd in the year of our Lord 2024. Subscribe by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Join Gabriel Shahin, CFP® and the host of More Knowledge, More Wealth, as he dismantles predictions from a renowned economist, Harry Dent, who foresees a major crash in 2024. Uncover the flaws in Dent's track record and gain a fresh perspective on market dynamics. Tune in for practical advice, expert insights, and tips to navigate the financial challenges within your own life. If you're looking for personalized guidance, Falcon Wealth Planning is here to help. Call (855) 963-2526 or visit falconwealthplanning.com for a free financial assessment tailored to your unique situation.
This week we are continuing in our conversation with Harry Dent where bond yields, real estate, and the rise of cryptocurrencies like Bitcoin take center stage.Unravel the complex relationship between inflation, economic growth, and investment strategies as the conversation sheds light on unexpected vulnerabilities in luxury real estate and potential dramatic shifts in the tech and crypto markets.Tune in to gain invaluable insights on your investments approach in an ever-changing economic landscape.Loral's Takeaways:Inflation, Bonds, And Real Estate Investments (00:43)Housing Market Downturn And Inflation (03:42)Cryptocurrency Market Trends And Potential Future Growth (08:37)Stock Market Trends And Potential Crashes (13:02)The Impact Of A Potential Economic Downturn On Small Businesses (16:57)Global Economic Bubble And Safe Investment Options (22:23)Investing During Economic Downturns (28:13)Economic Forecasting And Market Analysis (33:53)Meet Harry Dent:Harry S. Dent, Jr. is a best-selling author and one of the most outspoken financial editors in America. Using proprietary research, Harry developed a unique method for studying economies around the world, and uses his analysis to provide insights on what to expect in the future. Instead of focusing on endless graphs that assume people behave rationally, Harry instead looks at real people, making real economic decisions for themselves and their families. He combines demographics with actual spending to inform his research. Harry received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. He then joined Bain & Company as a Fortune 100 business consultant and now heads the independent research firm HS Dent Publishing. Since then, he's spoken to executives, financial advisors and investors around the world about demographics and the power of identifying different trends. Harry has appeared on “Good Morning America,” PBS, CNBC and CNN, Fox News and is a regular guest on Fox Business. He has also been featured in Barron's, Investor's Business Daily, Fortune, U.S. News and World Report, Business Week, The Wall Street Journal, and many other publications. Harry has written numerous bestselling books over the last few decades, from The Great Boom Ahead in 1992 to Zero Hour in 2017. In 2019, Harry published his latest book Spending Waves, where he shares decades of extensive research covering over 200 businesses across 14 different industries to give readers insight into business and investing trends for the years ahead. Connect with Harry:https://harrydent.com/Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to...
In this compelling episode, renowned economist Harry Dent shares his unconventional journey and insights into the world of economics, challenging traditional theories with his practical approach. Having honed his analytical skills at Harvard Business School, Dent shifted his focus from the corporate sphere to aiding small businesses and individual investors. His groundbreaking research on generational spending cycles reveals a clear, predictable pattern in economic booms and busts, influenced by human behavior and life stages. This episode is more than just an economic discussion; it's a deep dive into the mind of a maverick economist who brings clarity to the complex world of finance.Loral's Takeaways:Economics, Business, And Personal Experience (01:19)Economic Trends And Predictability (03:25)Economic Cycles And Generational Spending Patterns (08:59)Demographic And Economic Trends In China And India (14:46)Economic Bubbles And Inflation (25:59)Financial Asset Bubble And Its Potential Impact On Investors (31:01)Economic Bubbles And Their Impact On The Market (36:13)Meet Harry Dent:Harry S. Dent, Jr. is a best-selling author and one of the most outspoken financial editors in America. Using proprietary research, Harry developed a unique method for studying economies around the world, and uses his analysis to provide insights on what to expect in the future. Instead of focusing on endless graphs that assume people behave rationally, Harry instead looks at real people, making real economic decisions for themselves and their families. He combines demographics with actual spending to inform his research. Harry received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. He then joined Bain & Company as a Fortune 100 business consultant and now heads the independent research firm HS Dent Publishing. Since then, he's spoken to executives, financial advisors and investors around the world about demographics and the power of identifying different trends. Harry has appeared on “Good Morning America,” PBS, CNBC and CNN, Fox News and is a regular guest on Fox Business. He has also been featured in Barron's, Investor's Business Daily, Fortune, U.S. News and World Report, Business Week, The Wall Street Journal, and many other publications. Harry has written numerous bestselling books over the last few decades, from The Great Boom Ahead in 1992 to Zero Hour in 2017. In 2019, Harry published his latest book Spending Waves, where he shares decades of extensive research covering over 200 businesses across 14 different industries to give readers insight into business and investing trends for the years ahead. Connect with Harry:https://harrydent.com/ Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of...
Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana are joined by Emily Austin as they discuss the Colorado Supreme Court banning Donald Trump from the 2024 Republican primary ballot, the upcoming release of 170 associates of Jeffrey Epstein, and Stephen A Smith's reaction to Minnesota Timberwolves star Anthony Edwards' texts encouraging an Instagram model to get an abortion. 0:00 - Is Tom Ellsworth is an ELITEST? 5:30 - Emily discusses backlash over her comments about Miss Universe transgender owner Jakkaphong Jakrajutatip 13:30 - Emily receives death threats following debate over Israel and Palestine with Nerdeen Kiswani 2343 - Lindsey Graham says that Israel must accept a two-state solution to resolve the conflict with Palestine 46:05 - Yemen's Houthi rebels attack commercial vessels in the Red Sea 1:05:10 - Colorado Supreme Court bars Trump from appearing on the state's presidential primary ballot. 1:19:29 - U.S. economist Harry Dent says 2024 will be the "biggest crash of our lifetime." 1:26:54 - Southwest Airlines offering free seats to obese people 1:34:10 - More media layoffs coming in 2024 according to The Wrap 1:42:22 - Stephen A Smith's reaction to Minnesota Timberwolves star Anthony Edwards texts being released encouraging Instagram model to get an abortion. 1:49:35 - 170 people with ties to Jeffrey Epstein will be named in court documents in January Follow Emily on Instagram: https://bit.ly/3NXY4qP Follow Emily on X: https://bit.ly/3GRgPrN Follow Emily on TikTok: https://bit.ly/3tpzHuQ Subscribe to Emily's YouTube channel: https://bit.ly/48uhWJT Check out Emily's line of beauty products, People's Beauty: https://bit.ly/3tpzRlW Purchase Patrick's new book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD Connect one-on-one with the right expert to get the answers you need with Minnect: https://bit.ly/3MC9IXE Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! SUBSCRIBE TO: @VALUETAINMENT @vtsoscast @ValuetainmentComedy @bizdocpodcast @theunusualsuspectspodcast Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support
In times of change and economic shifts, I'm dialing up one person to make sense of it all… Harry Dent. Harry is a market mover and best-selling author with unparalleled expertise in the history (and future) of the economy. That's why, today, I interview Harry on what's been happening in the economy to bring about these unprecedented and uncertain times to make sense of what's to come. Back in ‘08-2009, central banks were in panic mode and started printing money to avoid recessions… A move Harry STRONGLY disagrees with, and for good reason… Though no one really loves recessions, they're as essential as booms for a thriving economy. But, those wielding monetary power have been trying their best to delay the inevitable burst of the economic bubble… Which Harry now predicts will hit late 2024… And it's likely we're headed for a great depression rather than a small recession. BUT, like businesses, the free market economy thrives on both failure and success… The economy is trying to deflate and we should let it or face an even bigger bust. The bubble is about to burst, so err on the side of caution and take action to protect your wealth. Tune in today to discover how the economy self-corrects and where the markets are headed so you can prepare for the best (and the worst) times ahead! Take Control, Hunter Thompson Resources mentioned in the episode: Harry Dent Website Interested in investing with Asym Capital? Check out our webinar. Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital? Check out our new FREE webinar - How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register. CFC Podcast Facebook Group
Ric discusses Harry Dent's new book "Crash of a Lifetime," which predicts a significant stock market crash in 2024. Ric examines Dent's history of inaccurate market predictions, highlighting his consistent record of being wrong about major market movements over the past 30 years. The episode also touches on the benefits of diversification in investment portfolios, including discussions on bitcoin, crypto, and gold investment strategies.Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ricRic's Books: https://www.amazon.com/stores/Ric-Edelman/author/B000APYJPM-----Links from today's show:The Truth About Crypto by Ric Edelman: https://www.amazon.com/Truth-About-Crypto-Easy-Understand/dp/1668002329/Global X Gold Explorers ETF (GOEX): https://www.globalxetfs.com/funds/goex/-----Follow Ric on social media:Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/X (formerly Twitter): https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman-----Brought to you by:Global X ETFs: https://www.globalxetfs.com/Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlSchwab: https://www.schwab.com/Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee-----
If there’s a time in your life when you’re going to be cautious in investments, and that’s everything, stocks, normal corporate and high-yield bonds, everything but the Treasury bonds, which are the safest in the world, the 10 and 30-year, it’s now. Joining your host, Dennis Tubbergen, on Retirement Lifestyle Advocates radio this week is…
(10/18/23) Retail Sales doubled in September...but, on non-retail store sales; non-seasonally adjusted sales were acutally down 5%. All nuymbers are subject to revision. This is how we formulate government economic policy, on backwards-looking, lagging data. Markets started lower in Tuesday, but rallied before the close to end essentially unchanged on the day. There's not much concern in earnings reports. Harry Dent's dire predictions of an 80% drop in the markets next year. Are we in The Fourth Turning (Neil Howe)? What is the risk of correction? Bond Traders betting on treasuries are expecting dazzling returns with little risk. We take a look at historic data and charts. Gotta have charts. SEG-1: Retail Sales Double on Non-Retail Sales SEG-2: Harry Dent's Crash of a Lifetime SEG-3: Drafting Mrs. Roberts, & Correction Risks SEG-4: Bond Math & Charts Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=CKLpCph-nvI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=11s -------- The latest installment of our new feature, Before the Bell, "Late-day Buying Sustains Markets" is here: https://www.youtube.com/watch?v=MFyAmfTFjJg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Consequences Are Always Unintended" https://www.youtube.com/watch?v=ruR9XJGuRFY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles Mentioned in this Show: "Consequences Are Always Unintended" https://realinvestmentadvice.com/consequences-are-always-unintended/ "October Weakness Before The Year-End Run?" https://realinvestmentadvice.com/october-weakness-before-the-year-end-run/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Watch our past Candid Coffee: https://www.youtube.com/watch?v=Sdi_-TQpNb8&list=PLVT8LcWPeAugq7q4XzOcad3oSN5Z1Zd-Z&index=1&t=2s ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #MarketCrash #HarryDent #MarketCorrection #RetailSales #EconomicRecession #BondMath #Treasuries #Markets #Money #Investing
(10/18/23) Retail Sales doubled in September...but, on non-retail store sales; non-seasonally adjusted sales were acutally down 5%. All nuymbers are subject to revision. This is how we formulate government economic policy, on backwards-looking, lagging data. Markets started lower in Tuesday, but rallied before the close to end essentially unchanged on the day. There's not much concern in earnings reports. Harry Dent's dire predictions of an 80% drop in the markets next year. Are we in The Fourth Turning (Neil Howe)? What is the risk of correction? Bond Traders betting on treasuries are expecting dazzling returns with little risk. We take a look at historic data and charts. Gotta have charts. SEG-1: Retail Sales Double on Non-Retail Sales SEG-2: Harry Dent's Crash of a Lifetime SEG-3: Drafting Mrs. Roberts, & Correction Risks SEG-4: Bond Math & Charts Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=CKLpCph-nvI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=11s -------- The latest installment of our new feature, Before the Bell, "Late-day Buying Sustains Markets" is here: https://www.youtube.com/watch?v=MFyAmfTFjJg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Consequences Are Always Unintended" https://www.youtube.com/watch?v=ruR9XJGuRFY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles Mentioned in this Show: "Consequences Are Always Unintended" https://realinvestmentadvice.com/consequences-are-always-unintended/ "October Weakness Before The Year-End Run?" https://realinvestmentadvice.com/october-weakness-before-the-year-end-run/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Watch our past Candid Coffee: https://www.youtube.com/watch?v=Sdi_-TQpNb8&list=PLVT8LcWPeAugq7q4XzOcad3oSN5Z1Zd-Z&index=1&t=2s ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #MarketCrash #HarryDent #MarketCorrection #RetailSales #EconomicRecession #BondMath #Treasuries #Markets #Money #Investing
Jason talks about the increase in housing inventory in the United States, attributing it to housing affordability issues. Despite the increase, inventory is still lower than it was last year by around 10%. He also anticipated misleading headlines and disaster scenarios, dismissing them as fake news. He emphasized the need for understanding the dynamic nature of the market, and expressed appreciation for his audience's engagement and feedback. Furthermore, Jason discussed a special financing offer of 2.9% for a podcast or Youtube session, and presented a forecast of home prices for 2023, noting that he had correctly predicted the trend. He criticized those who spread doom and gloom narratives about the housing market, implying their advice may have led to significant financial losses in the past. Then renowned economist Harry Dent returns as he discusses key economic indicators, cycles, and market trends. He emphasizes the potential for a significant market downturn due to demographic shifts, overvalued real estate markets, and high levels of debt. Dent suggests investing in high-quality Treasury bonds (ETFs like TLT and ZMF) as a safe haven during potential market crashes. He also recommends being cautious with stock and real estate investments, as he anticipates a period of economic turbulence ahead. #EconomicIndicators #MarketTrends #Demographics #MarketDownturn #InvestmentStrategy Key Takeaways: Jason's editorial 1:27 We love your comments! And keep those reviews coming as well 2:06 Housing inventory and affordability 4:18 Inventory is still lower YOY 7:05 LIVE Zoom meeting featuring an awesome financing deal. For more details. get on our mailing list today! 8:42 Chart: 2023 Year end home price forecast 12:13 Leverage Harry Dent Part 2 17:43 Chart: 2 Tech cycles per 45 years & 1 generational per 39 19:54 Chart: Current FED hike of 525bps already most since 1981 21:32 Chart: Russell 2000 triangle pattern ultimate sign of long-term 23:04 Chart: China's real estate crash keeps coming back 26:58 "You can't have a crash without distressed home owners" - Harry picks Jason theory apart 30:50 Standard of living is declining: buyers and renters just have to accept less 33:18 Work force and the death of southern Europe and east Asia and how America is far better off 35:57 Impact of technology and AI and the generational transfer of wealth 37:31 Some of Harry's action steps Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
In this episode, Jason welcomes bestselling author Harry Dent as a returning guest. Harry Dent, known for his bearish outlook on the economy, has appeared on the show multiple times over the years. The discussion revolves around whether Harry's long-held economic predictions are finally coming true. Jason highlights Harry's approach of studying demographics and predictable spending patterns, which he finds reliable. However, the complexity of the economy is acknowledged, with a humorous reference to economics being invented to make astrologers seem credible. The episode also promotes an upcoming cruise event and delves into an article from The Atlantic about the inaccuracy of recession predictions. The article explores factors like positive economic indicators, the role of the Federal Reserve, and the psychology of public perception. Ultimately, the episode concludes that economic forecasting is not a precise science, leaving the future of the US economy uncertain. #EconomicOutlook #HarryDent #Demographics #RecessionPredictions #Demographics #FederalReserve #EconomicForecasting Stay tuned for details regarding our upcoming 5 day Cruise on April 2024. Then renowned economist Harry Dent discusses the current state of the economy and his predictions for the near future. He highlights the impact of massive stimulus injections, printing money, and raising interest rates. Dent explains that the combination of the 5.2 trillion dollar stimulus and tightening monetary policy will likely lead to a significant weakening of the economy over the next year. He emphasizes the importance of understanding the lags in economic responses and suggests that by the summer or fall of 2024, the economy could be facing a deep recession or even a depression. Learn more about Dent's insights into economic cycles and technology trends. Key Takeaways: Jason's editorial 1:28 About Harry Dent 2:46 Upcoming LIVE Cruise on April 2024 3:25 Article: How the recession doomers got the US economy so wrong Harry Dent interview part 1 10:59 Welcome Harry "The Bear" Dent 12:31 2007 Baby boomer peak spending 16:01 Immigration adjusted birth index and peak spending years for each generation 23:12 Chart: FED printed 44% more money in 2 years AFTER COVID than 2008 to2014 28:12 Is the future still deflationary? Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
The everything-bubble is now beginning to burst. In the next 12-18 months, we'll see more bank failures and significant downturns in stocks, bonds, real estate, etc. Our guest this week on Retirement Lifestyle Advocates radio, Harry Dent, tells us to get out of the markets now. If he's wrong, you might lose a few points…
The Fed just raised rates another 25 basis points despite global banking instability and investor angst. This wasn't a surprise. Curtailing inflation continues to be their primary motivation. How long will the Fed continue to raise rates? Well, inflation has to be clearly under control and/or there must be something else that happens that threatens […] The post 361: The Calm Before the Storm with Harry Dent appeared first on Wealth Formula.
In my early twenties, my brother handed me a copy of one of Harry Dent's books, and I was an instant fan. In The Great Boom Ahead, he stood virtually alone in forecasting the economic growth of the 1990s, and in The Demographic Cliff, he foreshadowed the deflation that was about to hit. Fast forward to today, and I couldn't be more excited to talk to Harry about his new book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage. His latest work outlines why we're on the verge of massive social, economic, and political upheaval and the steps everyone can take to protect themselves. In our conversation today, we dig into his powerful methodology for accurately predicting boom and bust cycles, how living off of stimulus simply fuels inflation and delays the inevitable, and why high-end residential and commercial real estate are likely to get hit hardest. He also shares some great tips and how to prepare your portfolio for the coming crash and the potentially incredible buying opportunities on the other side. Key Takeaways with Harry Dent Why Harry thinks that our current bubble has peaked for stocks–and why he's expecting to see certain stocks drop by as much as 86%. Why certain real estate markets will likely drop by at least 25-30% in the years to come. The advantages of owning apartments and investing for cash flow–and why now's the time to sell your assets that don't cash flow. How the Fed's decisions during the Great Recession and the COVID crisis propped up an economy that should've stayed sideways. Why 2025 could be our next big economic boom. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/346 Rate & Review If you enjoyed today's episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign up for the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com
My guest today is Harry Dent, an American financial newsletter writer and the founder of HS Dent Investment Management. Dent is also the president and founder of Dent Research and director of H.S. Dent Publishing. He writes and markets an economic newsletter that reviews the economy in the US and around the world by focusing on generational consumer spending patterns, as well as financial markets. He has written eleven books. The topic is Economics/Fed/Demographics. In this episode of Trend Following Radio we discuss: Political/economic moves How economic crisis affects the stock market FED policy/demographics A new global monetary system Optimistic perspective on Bitcoin Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
On this 66th episode of The CEO Story, I have Harry Dent. Dent is the founder of HS Dent Investment Management, an investment firm based in Tampa Florida that advises, and markets, the Dent Strategic Portfolio Fund mutual fund. Dent is also the president and founder of Dent Research and director of H.S. Dent Publishing.Dent writes and markets an economic newsletter that reviews the economy in the US and around the world by focusing on generational consumer spending patterns, as well as financial markets. He has written eleven books, two recent ones being bestsellers. His most recent book, The Sale of a Lifetime, was released in September 2016.The basis of Dent's investment thesis, spending wave theory, is that consumer spending related to the generational formation of families has a profound effect on the market value of investments such as financial securities, real estate, and gold. Dent's spending wave theory posits that young adults spend little within the greater economy, and spending increases while they rear children. It peaks as children leave home and then slows during the last 15 years of working life. According to Dent, the decreased spending patterns of the current generation of US baby boomers entering retirement will cause a pronounced downturn in the greater macro economy and an associated decline in the value of financial markets.With weekly podcasts released, "The CEO Story" takes a deep dive into the success (and sometimes pitfalls) of being your own boss! We encourage each and every individual to candidly share their stories to help other entrepreneurs understand the highs and lows that come with the journey. As always be sure to check out more of our podcast episodes:*Podcast Website - https://ceostory.buzzsprout.com*Website: https://www.togethercfo.com/*Facebook: https://www.facebook.com/TogetherCFO/*LinkedIn: https://www.linkedin.com/company/together-cfo*Instagram: @Togethercfo*Stay up to date with Harry Dent *Website - www.hsdent.com*Twitter - https://twitter.com/harrydentjr?lang=en
In this podcast Paul invites listeners to an upcoming free event and addresses the following topics: • Jeremy Grantham and Harry Dent have made bold predictions about catastrophic future returns. Should we take them seriously? • How have the Vanguard and Best In Class ETF recommendations performed this year? • Would investing in VTI give the same returns as […] The post Should you believe predictions of catastrophic future returns? appeared first on Paul Merriman.
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
Robert Kiyosaki wrote about the next crash in his book “Prophecy” after 2008 crash. Since then, financial experts warned that over-correction by the government and bubbles in asset classes would cause another crash. Today's guest explains how this is no ordinary correction, and where he advises the safest place to put your money through 2023. Harry Dent, author of “Zero Hour” says, “If we see another wave down as we did in July, we'll see the DOW down by 50% by next year.” Hosts Robert and Kim Kiyosaki and guest Harry Dent discuss what Harry describes as a “crash of a lifetime,” who has the most opportunity, and what you can do to survive. Learn more from Harry Dent at www.harrydent.com