Escape quickly! Experts: in a few years the Dow Jones industrial average plunged 17,000 points

Harry Dent market observers think, Trump theme rally, will make the stock market inevitably faced collapse. Investors embraced the Trump theme, stocks hit a record high of repeatedly, but Dent believes that trouble was brewing. Dent Dent told the CNBC, founder of Research, said: "I think stocks will come once in a lifetime highs, and then faced the early 30 's collapse. This is one thing.

He added: "I want to be the end of the bull market rally.


"Although he expected that the bull market will end up, but he also expected, Dow Jones industrial average will rise in the coming months a range. Since Trump was elected United States President, the Dow Jones industrial average rose 8%, and closed at a record high level as much as 14 times.


Financial stocks also rose 19%, the US 10-year yields also rose, to 2.47%. "Markets assume that Donald Trump will bring stability to sputter to grow, but in the population structure is not possible when the market understanding that this situation will collapse.

"Dent said. Dent pointed out that United States labour force will grow over the next 50 years the population will grow only 0.25%. He also mentioned that the productivity of bottoming, even in the medium-term tax cuts will not solve. "When profit did not grow, the stock market cannot use this rate goes up. I think that after a few years the Dow will fall to 3000-5000 points.

"He said. Dent believes that factors triggered the stock market plunge, possibly early next year, Trump can't do what he promised, and the economy is slowing. Most likely factor, it is Italy.

He said that Italy went bankrupt, and its bond yields than the United States has really exaggerated. Another Dent fear factor, it is China.

He said China has been placed on the biggest real estate bubble in history, and will one day be broken. But he also said that this point in time is the best profit for decades. "The next few months, investors have the opportunity to convert investment strategy, and a lot of profit.

"He said. He said investors should sell shares as soon as possible when you close to highs, and then converted into high quality bonds. He proposed a 30-year Treasuries, as well as AAA grade corporate bonds.