Harry S. Dent Jr., "The Dean of Demographics," expects the bear market in US equities to kick into high gear.
Surprisingly, the professed "Deflationist" is actually bullish on gold, noting that precious metals will outperform most asset classes!
If the Great Recession of 2008-2009 seems intense, the nascent recession will be 50% worse in every way, notes our guest.
Stocks could decline 86% S&P and Nasdaq over 92%
Similar to 2008-2009, 30-year T-Bond funds such as TLT, and ZROZ (Pimco 25 year zero-coupon bond), which he currently owns, may represent an appealing alternative, given the deep discount prices today.