Michael Covel's Trend Following cover image

Ep. 150: Harry Dent Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Perversion of the Free Market Capitalist System

Japan has done this. Their first crash, they didn't do QE in the early 90s but their second crash from 97 on,. They've been doing QE now for a decade and a half or more. Europe and the United States came in with budget deficits, trade deficits in many cases. Even China is slowing. The emerging markets are slowing because commodity prices are falling. We predicted a long time ago as well. That's a 30-year cycle that's pretty predictable. I think it's harder when everybody's going down and to do this, but the truth is, yes, governments are doing it to two levels I would have never, we knew there'd be stimulus.

Play episode from 16:44
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app