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This the same Harry Dent who said the DOW would be at 30,000+ by 2012. Dent is a fascinating speaker but he has a tendency to go overboard in his predictions. I
by Flemlord 17y ago
This the same Harry Dent who said the DOW would be at 30,000+ by 2012. Dent is a fascinating speaker but he has a tendency to go overboard in his predictions. I'm a fan of his and (at one time) subscribed to his newsletter, but don't give this prediction the same weight as one made by somebody like Krugman or Roubini.
- dinkumthinkum 17y agoThe argument, the so-called "Ageing population" factor, smacks of the manufactured stuff that 24/7 cable news producers come up with on slow news days.
- gojomo 17y agoExcept to his credit, Dent's been pushing this generational theory for around two decades, and while his predictions have been somewhat extreme, they've also fit broad patterns well. So I wouldn't take it as gospel but it's a perspective that has shown some value.
- ckinnan 17y agoHis 2012 prediction may still come true-- in inflated dollars though!