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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST

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To: Julius Wong who wrote (182377)1/7/2022 5:13:16 PM
From: Gemlaoshi1 Recommendation

Recommended By
Julius Wong

   of 219465
 
"Why do people listen to Harry Dent in light of his obvious inability to accurately predict the future?"
Back in the 80's and early 90's Harry Dent actually made some important contributions in economic forecasting by his work in demographic trends and spending patterns at various life stages. Other academic economists expanded upon his work, leading to enhanced forecasts.

Unfortunately, Dent didn't seem to grasp the difference between quantitative forecasting and fortune telling. He got off into selling his fortune telling services, newsletters, and books. He became a real huckster and ruined whatever relevance he had in the academic world.
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