Is the recovery real? Are stock prices telling us that the "All Clear" has been sounded? Are we finally out of the economic woods? Harry Dent brings you up to date in his latest video presentati...
Is the recovery real? Are stock prices telling us that the "All Clear" has been sounded? Are we finally out of the economic woods? Harry Dent brings you up to date in his latest video presentation, specifically for readers of his latest book, "The Great Depression Ahead."
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I agree there is a correction yet to come. Interest rates at near 0% gets the consumer to spend. More people are overspent with huge debt. In Canada, people are spending 140% of their yearly salery. Stats show housing is up for Nov 73% from last year, with first time home buyers leading. Now the average home owner payes 70% of their salery to their mortgage. Guess what'll happen when they get in trouble.
why don't cnbc and the others get all people who said what the market was going to do and when they are wrong bring them back on t.v. and say you were wrong... they would never do that.... ..
Years ago I enjoyed the book 'Future Shock' and I enjoyed Harry Dent's offerings as well. But pulling the trigger on something and using predictive information to make money is something I haven't done. The only thing I did was sell my house early on from the information I gathered from my readings. That paid dividens. I am intrigued, however, at the possibility of seeing into the future, thus making huge sums of money as a result. As stated, though, it's sometimes hard to pull the trigger.
The market is still going up because people at wall street think 14 to 16 months ahead.But I forsee this high unemployment rate which I see going beyond 14% will catch up with wall street somewhere between May and November of 2010.When wall street sees unemployment getting worse there start selling off.
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this is hilarious !!!
:)
2 scenarions Harry ... the market will go up ... or it will go down ...
might wanna check your charts ...
sooo funny ...
:)