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Anybody believe this guy? Says baby boomers will crash stocks
Posted on 1/2/17 at 2:53 pm
Posted on 1/2/17 at 2:53 pm
4
Posted on 1/2/17 at 3:07 pm to Halftrack
Read that as Harvey Dent 
Posted on 1/2/17 at 3:08 pm to Halftrack
I think the inheritance of baby boomers will further widen the category of the have's and the have nots. I think it's pretty stratified between the plant operator/engineer with 2 million in a 401k and the others who depended on pensions/SS for retirement. I doubt any of that will crash the market.
Posted on 1/2/17 at 4:05 pm to Halftrack
From the article you linked:
quote:
His often-spectacular misses typically are forgotten in the hype over the next prediction.
Posted on 1/2/17 at 4:06 pm to Halftrack
During the heady dot.com days he could see no end to the upcoming Baby Boom growth. In 2000 and again in 2004 he predicted Dow 40,000 and NASDAQ 20,000. In January 2006 he predicted Dow 14,000-15,000 by year-end. It closed 2006 at 12,463.
Harry knows how to sell books. Period.
Harry knows how to sell books. Period.
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