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    Roaring 2000's

    Harry Dent Speaks Out

    Submitted by Meridian on Tue, 08/05/2008 - 10:25am
    • Financial Markets
    • Global Economics
    • Harry Dent
    • Roaring 2000's

    Remember Harry Dent? If not, go to your local bookseller and order a copy of the Roaring 2000's. I first read this book right after Y2K – the biggest non-event ever. But what intrigued me with Harry Dent was his look into the future. He predicted that the first 10 years of the new millennium would be a rip-roaring event that would see financial markets zoom higher. Was he right? Well, partly so. What he failed to see was that people would opt to chase real estate purchases instead of stocks and mutual funds. But, that being said, the DOW and the S&P actually did do quite well. They just did not go as high as he thought. Mr. Dent now admits that he did not envision Oil rising through $100 a barrel and he did not envision in 1999 (when he wrote the book) that we would find our way into a sub-prime mess. To his credit – who could have envisioned such a thing back in 1999?

    • Meridian's blog
    • 1 comment
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