FUTURE PREDICTIONS CONTRIBUTE YOUR PREDICTION

HS Dent claims this is just the appetizer the 2007 – 2009 recession and that following will be the main course a full blown Great Depression

First comes the bounce in late 2009 and up in early 2010

Then the DOW falls to 3800, and real estate down 40% to 50%

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Dent received his B.A. from the University of South Carolina, where he graduated #1 in his class. He earned an MBA from the Harvard Business School as a Baker Scholar.

WHY?
Demographics tell the story:
Retirement of the baby boomers trending down in spending.
Leaving the work force and saving more…

BUT NOT ALL THAT DENT FOR CLAIMS COMES TRUE:

Dent gives us all something to look forward to, including:

** The Dow hitting 40,000 by the end of the decade

** The Nasdaq advancing at least ten times from its October 2001 lows to around 13,500, and potentially as high as 20,000 by 2009

** Another strong advance in stocks in 2005, with a significant correction into around September/October 2006

** The Great Boom resurging into its final and strongest stage in 2007, and even more fully in 2008, lasting until late 2009 to early 2010

Dent’s amazing ability to track and forecast our financial future is renowned, and here he takes that ability to the next level, showing not only what our economy will look like but also how it will affect us as individuals, as organizations, and as a culture. From the upcoming wealth revolution to the essential principles of entrepreneurial success, the book describes a new society where economic and philanthropic development go hand in hand.

In The Next Great Bubble Boom, Dent shows not only how the economic growth of the late 1990s was a prelude to the true great boom right around the corner but how all of us can reap its benefits.