What does Harry Dent expect for the markets in 2026? A catastrophic scenario

Renowned economist Harry Dent once again raises alarms on Wall Street with a forecast that would send chills down any investor’s spine. According to the founder of HS Dent Investment Company, we are approaching an unprecedented tipping point where the global financial machinery could collapse.

A 17-year bubble ready to burst

Dent’s thesis is clear: we have been accumulating imbalances for nearly two decades that can only be resolved in one way. By early 2026, that Gordian knot of finance is destined to be cut. We are not talking about moderate declines or tactical corrections, but about a 90% crash that would simultaneously affect stocks, real estate, and digital assets alike.

Why would it be worse than the Great Depression?

Dent paints a scenario where the collapse of 1929 would be considered a minor event. The projected magnitude and the interconnectedness of modern markets would create an unprecedented domino effect. Cryptocurrencies and altcoins, especially vulnerable in environments of widespread panic, would suffer catastrophic reductions when the bubble deflates.

The unexpected refuge: U.S. Treasury bonds

In this apocalyptic scenario, Harry Dent identifies a single safe haven: U.S. Treasury bonds. While everything else collapses around them, these instruments would be the only lifeline to preserve capital.

These predictions contrast with parallel warnings about the dollar’s depreciation, creating a contradictory outlook that keeps market operators on edge.