Harry Dent Economic Predictions
Hi Faith,
Harry Dent has a good track record. His predictions are highly probable.
I’d suggest it may happen slightly sooner or at least a continued decline before November.
The US Stock Market is already in trouble and will be under continued pressure from the latest economic news and the reality that the so called recovery in the US wasn’t really a recovery at all.
The US Federal Reserve can do little to stop it as interest rates are already zero and quantitative easing policies haven’t worked in the past and a further round of them isn’t going to help either.
However they aren’t about to tell the public that.
The US Property Market hasn’t yet bottomed either, however there will be some good opportunities to profit soon from the US Property Market. We plan to teach more on this soon.
We also may invite Harry Dent to Australia to speak to our 21st Century Members next year in Australia and I do recommend his work.
The Australian Property Market is very different and the best in the world.
It will slow from its high growth in the last 18 months however I’m still bullish over the long term due to our large Population Growth.
The Australian economy will become a two speed economy again.
Mining sector booming.
The rest of the economy is struggling and under pressure.This will affect many companies reporting and put downward pressure on the Australian Stock Market combined with Global double dip recession fears compounding this.
Regards,
Jamie McIntyre
RE:
Hi Jamie I am interested to know what your thoughts are on an American Economist by the name of Harry Dent who is predicted a sharemarket crash and downturn to happen around Nov 2010 – Jan 2011. He wrote the book “A great depression ahead” which was on the New York Best Seller list. Are you familiar with his work and books? How accurate are his predictions in your opinion? Regards Faith
Thank you for your prompt response Jamie:)
I have been following Harry Dent for the past couple of months and because I respect where you have come from and how hard/smart you have worked to become the man that you are today, I was interested to see what your thoughts were about Mr Dent’s predictions.
Its great to see that you hold him in good regard and Im positive that your 21st Century members, will feel the same way, when they get the opportunity to hear him next year.
I better get my skates on and become a member:)
I have been blessed to read your books and admire immensely the work that you do around the world.
May God continue to bless you Jamie!
Great stuff