No, this is not my prediction.
In fact, this is the prediction by the author,
Harry S. Dent Jr in his book,
The Sale Of A Lifetime - How The Great Bubble Burst of 2017 - 2019 Can Make You Rich.
In the book, he categorized the stock market cycle into 4 seasons (just like the weather) and boldly predicted that end-2017 till late 2022 will be the market winter season (i.e. the greatest danger period for market crashes and recession/depression). He cited a couple of guiding principles in identifying the market bubbles and also some justification for his prediction, which I am not knowledgeable enough to question.
Will his prediction comes true?
No one know and only time can tell.
In any case, many of my financial blogger friends have already been "secretly" loading up the war chest ......
