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Bubble After Bubble in The Ongoing Bubble Boom - Oil Bursts- the Housing Bubble Fades and Now Stocks code 9.7
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| 4 stars (Next best thing to a crystal ball) - Harry Dent has a good track record in calling the larger movements and turn-arounds in the stock market and other investments. He uses both fundamentals (e.g. demographics) as well as technical (i.e. charts) t |
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Description: Bubble After Bubble in The Ongoing Bubble Boom : Oil Bursts, the Housing Bubble Fades and Now Stocks Emerge Into a Greater Bubble that Finally Ends in 2010 review:4 stars (Next best thing to a crystal ball) - Harry Dent has a good track record in calling the larger movements and turn-arounds in the stock market and other investments. He uses both fundamentals (e.g. demographics) as well as technical (i.e. charts) to predict what will happen in the stock market, housing prices, oil prices, etc. No one can predict the future prefectly but Dent appears to have a better crystal ball than almost anyone else. I know for sure it's better than mine. I will be making some changes in my investment strategies based on this, but I will also keep an eye out for if things aren't materializing the way he projects.The main negative I have with this booklet is it is very repetitious.5 stars (Fascinating) - More than ever, a degree in economics is required in order to make sense of the macroeconomic forces shaping our world.2 stars (Nothing is roaring, DJI has been flat since 2001) - Dow Jones is still going through its major corrections after the roaring 80s and then the 90s. We are experiencing the same cylical phase that happened in the 70s - when war, energy crises, international market expansions, and demographic changes were gradually driving the economy to a malaise.The main difference is that the country was in little debt 30 years ago. We are now owing other countries trillions of dollars, and the trade deficit will continue to soar. The economy may sink as a result, but it has nothing to do with bubble bursting. That was already done in the stock market years ago. Should the economy finally collapse, it will have to do with our structural economic problems. Most probably prefer a soft-landing rather than a hard collapse. It will take some sacrifice and some political leadership to achieve a peaceful and endurable transition. It will be about our committment to paying down the debt, ending our oil dependence, and educating the workforce to take on the jobs of the new century that are not to be 'outsourced' to other places. As this review is being written, the alleged 'greater bubble' has yet to be materialized. However, stocks will NOT emerge into a greater bubble unless the American people can become optimistic about the economy again. Dent has been wrong in his past predictions, so please do not take this book too seriously either. | Short tags: download, vista, xp, free, software, shareware | System Requirements: n | Change Info: no | |
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