Will the stock market crash more than the 2008 crisis in 2025?
A market meltdown predicted to exceed the 2008 crisis is predicted by economists for 2025
A market meltdown predicted to exceed the 2008 crisis is predicted by economists for 2025. The renowned economist and HS Dent Investment Management founder, Harry Dent, has issued a warning about an impending catastrophic collapse of the world stock market.
The 71-year-old financial expert, who is well-known for his audacious economic forecasts, hinted that a financial catastrophe of never-before-seen proportions might be approaching in an interview with Fox News.
Dent's dire prediction was made just after the world stock market finished May with strong gains, giving many investors hope that things are back to normal.
The financial expert emphasized that the so-called "everything" bubble is still intact and that a blow-up might trigger the "crash of a lifetime" when it does.
During the conversation, Dent emphasized the distinctiveness of the current economic environment by drawing comparisons to the historical market crash of 2008. He noted that the current state of affairs in the financial sector is unique since it is driven by artificial stimuli, in contrast to earlier natural booms in the 1920s.
Thinking back on how long the current bubble has lasted—more than 14 years, which is much longer than most economic bubbles last—Dent emphasized how serious the crash could be.
He projected that sometime in 2025, the effects of this crisis may outweigh those of the Great Recession of 2008–2009, with possible drops of up to 86% in the S&P and 92% in the Nasdaq.
Dent suggests that even market heavyweights like Nvidia would not escape the fall, implying that even high-flying equities could be severely damaged. Dent acknowledged the quality of firms such as Nvidia but cautioned that there could be severe reductions, potentially as much as 98%.