TOPICS IN THIS INTERVIEW:-We're not coming out of this.-Dumb money coming into this stage of the market.-Millennials pouring into market at bubble territory.-Baby boomers are dumb money. Millennials will be beneficiaries of this financial system.-Tech stocks will fair well early, but will crash 70-80%.
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the dot-com bubble-bust in 2000 and the housing bust in 2006 to 2007 (among many other things). He's written numerous books, including The Great Boom Ahead (1992), The Great Depression Ahead (2008), The Great Crash Ahead (2011) and The Demographic Cliff (2014). His most recent novel The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich, was published in 2016.