Harry Dent, "stimulus programs will be short-lived"

By on August 20, 2009

Harry Dent was recently interviewed by Achal Mehra of Little India about what he sees ahead. Dent predicts a massive worldwide bubble continuing to burst into 2012 or so. Dent sees the Dow possibly reaching 11,300 this year before plunging into the abyss. His forecast is not for the faint of heart; Dow 1,800 to 3,800 by late 2010.

Dent reckons real estate will continue to be weak and has different forecasts for the various market segments, including commercial real estate where he sees a bottom between early 2013 and early 2015.

The source article below includes interviews of Martin Weiss, Ravi Batra, and Gerald Celente.

SMA Comment: Caveat – three of the interviewees (Dent, Weiss, and Batra) have demonstrated a high degree of error in past predictions. I’ve never heard of Gerald Celente.

Source:

http://www.littleindia.com/news/127/ARTICLE/5233/2009-08-10.html

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