The Next Great Bubble Boom: How to Profit from the Greatest Boom in History: 2006-2010 - Softcover

Dent Jr., Harry S.

Softcover

ISBN 10: 0743288483 ISBN 13: 9780743288484

Publisher: Free Press, 2006

Synopsis

For over fifteen years, New York Times bestselling author Harry S. Dent, Jr., has been uncannily accurate in predicting the financial future. In his three previous works, Dent predicted the financial recession of the early nineties, the economic expansion of the mid-nineties, and the financial free-for-all of 1998-2000.
The Next Great Bubble Boom -- part crystal ball, part financial planner -- offers a comprehensive forecast for the next two decades, showing new models for predicting the future behavior of the economy, inflation, large- and small-cap stocks, bonds, key sectors, and so on. In taking a look at past booms and busts, Dent compares our current state to that of the crash of 1920-21, and the years ahead of us to the Roaring Twenties. Dent gives advice on everything from investment strategies to real estate cycles, and shows not only how bright our future will be but how best to profit from it.
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.

About this title

From the Inside Flap

Harry S. Dent has been among the most successful forecasters of his time: His books The Great Boom Ahead and The Roaring 2000s predicted the 1990s boom ahead of anyone else.

In this new, provocative look at the coming years, Dent again casts his discerning contrarian eye on what he sees as the good times to come—and the woes to follow. Among his key predictions:

· A third and final bubble takes the Dow to 35,000 to 40,000 and the Nasdaq to 13,000 by late 2009 or early 2010.

· A second technology boom brings cellular, Internet, and broadband connections to 90% of U.S. households by 2009.

· Inflation falls into early 2006 and rises mildly into 2009; then we see deflation between 2010 and 2023.

· Another devastating crash occurs between 2010 and 2012, which ushers in a thirteen-year bear market into 2022.

· Technology, financial services, health care, and Asia will be the best sectors from 2005 to 2009. Long-term bonds, health care, and Asia will be the best after 2009.

About the Author

Harry S. Dent, Jr. is the president of the H.S. Dent Foundation, whose mission is "Helping People Understand Change." He is the founder of HS Dent, which publishes the HS Dent Forecast and oversees the HS Dent Financial Advisors Network. He is the author of the New York Times bestseller, The Great Depression Ahead, as well as of The Great Boom Ahead, in which he stood virtually alone in accurately forecasting the unanticipated "boom" of the 1990s. A Harvard MBA, Fortune 100 consultant, new venture investor, and noted speaker, Mr. Dent is a highly respected figure in his field.

Rodney Johnson is the president of HS Dent, an independent economic research and investment management firm. He oversees the daily operations of the companies and is a regular contributor to the HS Forecast and the HS Dent Perspective. A graduate of Georgetown University and Southern Methodist University, Mr. Johnson is a frequent guest on radio and television programs to discuss economic changes in the United States and around the world.

About this edition

• Publisher: Free Press
• Publication date: 2006
• ISBN 10: 0743288483
• ISBN 13: 9780743288484
• Binding: Paperback
• Number of pages: 384