Economy & Markets – Facebook, Released on 1/24/20
For months the Fed’s been preaching what needs to be done, but it’s their actions that really count. They’ve tapered off activity a bit recently, while repos have slowed down, which may be sign that there’s a movement to inject less money into thin air… but how has the market responded to these developments?
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called “Survive and Prosper.” Mr. Dent accurately predicted Japan’s collapse in 1989, the dot-com bubble-bust in 2000 and the housing bust in 2006 to 2007 (among many other things). He’s written numerous books, including The Great Boom Ahead (1992), The Great Depression Ahead (2008), The Great Crash Ahead (2011) and The Demographic Cliff (2014). His most recent novels are The Sale of a Lifetime and Zero Hour.
HARRY DENTED’S REPUTATION AS A GOLD/SILVER ANALYST HAS BEEN SEVERELY DENTED AND THE HARRY DENT VEHICLE IN GENERAL IS CONTINUING TO TAKE HITS..
Yes, he was wrong for so LOOOONG he finally figured out to say he has two scenarios: One the market keeps going up and the second scenario is that the market declines. Now he can claim he got it right either way….But, then again about everyone has been wrong if they actually made a call.