According to ChainCatcher, citing a report by Gelongbao, Harry Dent, founder of HS Dent Investment Firm, recently warned that the worst market crash in history will arrive in 2026. Dent predicts that the current market bubble, which has lasted for nearly 17 years, will burst, causing the stock market to fall by 90%.
He described it as the worst market environment since the Great Depression, with stocks, real estate, and digital assets all mired in a debt-driven "super bubble."
Dent stated that early 2026—especially January—will be a crucial period for determining whether the bubble will ultimately burst or continue for another year. This is because, historically, a strong stock market performance in the first week and month of January often foreshadows a strong overall market trend for the year; conversely, a weak January would further confirm his bearish outlook.
He concluded that the only asset that might "survive" is U.S. Treasury bonds, because they can print money to repay them. On this point, this economist appears to disagree with some other prominent economists, including Peter Schiff, who previously predicted an unprecedented dollar collapse in 2026.
