Replies to post #2692 on The Rising Influence of Rising Affluence

[oldberkeley]

The contrarian view: Harry Dent says the crash is coming soon, first in commodities and then in equities.

He sells articles and books and advice by looking at the trend and predicting the extreme.

He predicted Dow 40,000 at the peak of the bubble in 2000, and Dow 3,800 at the bottom of the market in 2009.

About as reliable and useful as one saying during a dry day that the Great Drought is upon us, and on a rainy day that the Great Flood has arrived.