Host
Chris Waltzek & The International Forecaster
discussion and listener's questions.
2nd
Hour:
Harry
S. Dent Jr.
The Great Depression Ahead
Harry
S. Dent, Jr. is the Founder
and President of the H. S. Dent
Foundation, whose mission is “Helping
People Understand Change”.
Using exciting new research developed
from years of hands-on business
experience, Mr. Dent offers a
refreshingly positive and understandable
view of the future. Mr. Dent is
a well-known author and is known
as the developer of The Dent Method,
a forecasting approach based on
changes in demographic trends.
In
his book The Great Boom Ahead, published
in 1992, Mr. Dent stood virtually
alone in accurately forecasting
the unanticipated “Boom”
of the 1990s. Today he continues
to educate audiences about his predictions
for the next and possibly last great
bull market, from late 2005 into
early to mid 2010. Since 1992 he
has authored two consecutive best
sellers The Roaring 2000s and The
Roaring 2000s Investor (Simon and
Schuster). In his latest book, The
Next Great Bubble Boom, he offers
a comprehensive forecast for the
next two decades and explains how
fundamental trends suggest strong
growth ahead, followed by a longer-term
economic contraction. Mr. Dent also
publishes the HS Dent Forecast newsletter,
which offers current analysis of
economic, and financial market trends.
Mr.
Dent received his MBA from Harvard
Business School, where he was a
Baker Scholar and was elected to
the Century Club for leadership
excellence. Since 1988 he has been
speaking to executives, financial
advisors and investors around the
world. He has appeared on “Good
Morning America”, PBS, CNBC,
CNN/FN, and has been featured in
Barron’s, Investor’s Business
Daily, Entrepreneur, Fortune, Success,
US News and World Report, Business
Week, The Wall Street Journal, American
Demographics and Omni.
While
at Bain & Company he worked
as a consultant with several Fortune
100 companies. He has also been
CEO of several entrepreneurial
growth companies and an investor
in new ventures. A frequent speaker
on economic trends, Mr. Dent educates
clients and partners on The Dent
Method and provides strategic
vision for asset allocation and
investment selection.
Robert
R. Prechter, Jr., CMT, is founder
and president of Elliott Wave
International, the world’s
largest independent financial
forecasting firm. He has been
writing market commentary since
1976. In 1984, Bob set a record
in the options division of the
U.S. Trading Championship with
a real-money trading account.
In December 1989, Financial News
Network (now CNBC) named him "Guru
of the Decade." Bob served
for nine years on the national
Board of the Market Technicians
Association and in 1990-1991 served
as its president. During the 1990s,
he expanded his firm to provide
round-the-clock analysis on global
financial markets. Bob has written
13 books on finance, beginning
with Elliott Wave Principle in
1978, which predicted a 1920s-style
stock market boom. His 2002 title,
Conquer the Crash - You Can Survive
and Prosper in a Deflationary
Crash and Depression, was a New
York Times best-seller. In 1999,
Bob received the CSTA’s first
annual A.J. Frost Memorial Award
for Outstanding Contribution to
the Development of Technical Analysis.
In 2003, Traders Library granted
him its Hall of Fame award.
Prechter’s
current interest is a new approach to
social science, which he outlined in
Socionomics—the Science of History
and Social Prediction (1999-2003). This
two-book set presents a theory of endogenously
regulated social mood and its manifestation
in social action. In July 2007, The
Journal of Behavioral Finance published
“The Financial/Economic Dichotomy:
A Socionomic Perspective,” a paper
by Prechter and his colleague, Dr. Wayne
Parker. Prechter has made presentations
on his socionomic theory to the London
School of Economics, Georgia Tech, MIT,
SUNY and academic conferences. He recently
created the Socionomics Institute, which
is dedicated to explaining socionomics,
and he funds the Socionomics Foundation,
which supports academic research in
the field.
Prechter
attended Yale on a full scholarship.
He is a member of the Shakespeare Fellowship,
the Shakespeare Oxford Society and the
Triple Nine Society.
Robert
Prechter
Executive Director, Socionomics Institute
www.socionomics.net
President, Elliott Wave International
World-Class Market Analysis Since 1979
www.elliottwave.com
