http://finance.yahoo.com/blogs/dail...-commodities-already-20110331-080715-415.html Video from March 2011. Interestingly he says that commodities will be hit first this time round and stocks will follow. Any opinions on his opinion? I am hoping that he is talking about the initial deflation that Maloney et al. talk about when he refers to a short terms crash (maybe he meant the bounce off $50 etc.).
just read sone of dents book: he recomends short and long-term US bonds to guard against what is coming. diametrically opposed to what shiff suggests. one suggests the worlds biggest bubble and one suggests a 2% appreciation in yield plus. i guess dent doesnt think the qe will contonue, or that it will be enough.
Dent has been spot on in the past, but he's at odds with most on this issue. I think he's worth listening to, but as with most things look at other points of view to get a balance. Cheers!
Dent made a good call with the US demographics causing a peaking of the stock market in 2008, but I haven't seen accuracy on his other timing calls.
