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During the market sell-off in 2022 — which pales in comparison to Dent's projections — CBS News reported that 401(k) and IRA plan participants experienced an estimated loss of around $3 trillion.
However, economist Harry Dent foresees an even more severe crisis on the horizon. Don't miss Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in.
For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. ... The stock market has been on fire over the past couple of years, and many investors have watched their ...
Dent, born in Columbia, South Carolina, is the son of Republican political strategist Harry S. Dent Sr. Dent is the founder of HS Dent Investment Management, an investment firm based in Tampa, Florida that advises, and markets, the Dent Strategic Portfolio Fund mutual fund. Dent is also the president and founder of the Dent Research and ...
For example, in U.S. contemporary economics, Harry Dent, a University of South Carolina and Harvard Business School graduate and Fortune 100 consultant, has popularized the baby-boomer spending wave theory. [1] According to Dent, [2] the stock-market decline of 2008 was a result of baby boomers aging past their peak
Stock indexes retreated as investors digested Thursday commentary from Fed Chair Jerome Powell. The odds of a 25-basis-point rate cut in December fell sharply after Powell's address.
He added that Federal Reserve easing and a broadening market rally will only help fuel further gains. Deutsche Bank also raised its year-end target for the S&P 500 last month, up to 5,750 from 5,500.
NEW YORK (AP) — U.S. stock indexes closed their best week in two months with a flourish on Friday. The S&P 500 climbed 1% to clinch its first winning week in the last three. The Dow Jones ...