Harry S. Dent's January 2012 Market Update

Harry S. Dent published his market forecast for the coming year on January the 11th (available on YouTube).


  • Time to get out of stocks NOW.
  • Austerity is the right policy from his point of view, even if it means short term pain, but can avoid long term insolvency.
  • Worldwide slowdown coming
  • 4,000,000 foreclosures in the pipeline, which banks have been holding down.
  • By the time the Fed reacts with Q3, it will be too late.
  • This looks like the final rally. Where do we top is the final question. 1371 is the top of the range they forecast.
  • The USD will rally while equities, commodities including gold, and real estate will fall massively.


Tiho said...

That guy has no idea! Following people with no idea, also do not help you very much either...

pej said...

I think he's been quite right actually. Do you have any particular example of when he was wrong?

Tiho said...

yeah: total newb when he predicted a recession in August 2011 and a total market collapse... just like you really.

I still remember your quote: "US economic indicators are collapsing and we are now in a recession."

Just like that guy Mish Shedlock too. Total news man. These people have been predicting a recession in 2009, 2010, 2011 and now again in 2012.

Eventually it will come, but in the mean time S&P 500 has gone up from 666 to 1350. More than doubled!

Total newb man!