Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes.

Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on major news programs and leading publications worldwide. Harry has written numerous books over the years. In his book The Great Boom Ahead, published in 1992, he stood virtually alone in accurately forecasting the unanticipated boom of the 1990s. That same year he authored two consecutive best sellers: The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In his recent bestseller, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich (2016), Harry looks at the upcoming economic crisis and reveals how it could be the single greatest chance to build wealth we’ll ever see and how we can capitalize on such a unique and historical opportunity. He explains how many of the richest Americans in history have used this same kind of opportunity to quickly accumulate incredible amounts of money, in a short period of time.

Dent's Weekly Column & Talk Radio Appearances

Stocks Could Break Up One More Time or Break Down and We’re Done

Let’s look at what’s going on in the markets… 10-year Treasury bonds have seen the clearest trend of all the market, as we have been...

There Are Two Types of Ends to Bubbles

I have been warning now for many months that U.S. markets are in what is called a “rising bearish wedge,” which tends to be...

The Disconnect Between Stocks and the Real Economy

Stocks continue to fly higher than ever after the Trump rally that started in November 2016. In fact, since the bottom in early 2009, stocks...

Looks Just Like the Late Stage Internet Bubble into 2000

Cycles reoccur throughout history, but they more rhyme than duplicate. Each bubble tends to get more extreme than the last one because there’s more wealth...

The Blue and Red Split Continues to Widen, Especially after Trump

It was election time and the country was torn in two. The key chart I shared showed that the difference between the median republican and...

The Dollar is the Best House in a Bad Neighborhood

The most important thing to understand about our economy right now is this: Once in a lifetime we tend to get a period of...

🎧 Economist Harry Dent has a Message for Washington

These words from Eliyahu Goldratt, an Israeli business management guru, may very well be the most important words you read this year. "Good luck is when opportunity meets...
Economic Forecast "Massive Global Heart Attack" Harry Dent 2

🎧 Economic Forecast “Massive Global Heart Attack” Harry Dent

Ahhh, the good life. Early retirement. Watch all the sports you can stand. Eat well. Sit on your ass and just chill… Harry Dent...
After Election, How Bad Will It Get? Harry Dent Predictions

🎧 After Election, How Bad Will It Get? Harry Dent Predictions

You don't have to be a world-class economist to understand that the level of debt the country has taken on is not sustainable. You...

The Dent Method

The Dent Method has the only documented record of success at forecasting long-term economic trends based on the study of and changes in demographic trends and their impact on our economy and the markets. It works by showing how predictable consumer spending patterns, when combined with demographic trends, allow us to forecast the economy years or even decades in advance. Our method is based on five key precepts, which are:

    • Predictable spending patterns at different ages and stages of life: As we move through life, we change our spending in very predictable ways. These predictable spending patterns impact our economy, business, and product trends. Everything from the demand for potato chips and real estate to inflation rates, cycles of innovation, economic growth, immigration rates, and domestic migration — locally, nationally and globally – are impacted. By analyzing this information we can successfully forecast how spending will change in the years and decades to come.
    • Who spends what in the economy and its demographic impact: Personal consumption, or what people do as consumers, represents about 70% of the Gross Domestic Product. That means that how people as consumers spend money is the largest influence on our economic health. As larger groups of consumers age and spend more, the economy grows. When large groups in the population pass their peak stage in spending, this leads to less spenders and slows down the economy.
    • Our birth rate and the immigration adjusted birth index: New generations come along about every 40 years. As they age, they move through predictable earning, spending and productivity cycles. The peaks and troughs of these cycles can be forecasted by moving forward the birth index (which we adjust for the births of all past and future projected immigrants) by the appropriate number of years.
    • Our Spending Wave: If you look at U.S. history, we have had extended booms for 26 to 28 years followed by busts for 12 to 14 years. This happens because new generations come along about every 40 years. As mentioned above, as they age, they move through predictable earning, spending and productivity cycles. We forecast the peaks and troughs of these cycles by moving the birth index forward by the appropriate number of years to estimate peak spending.
    • The Inflation Indicator: Economists think that inflation is largely a monetary phenomenon. It’s not. In reality, inflation is the economy’s means of financing not only the new, young generations that will become highly productive in the future, but also the new technologies these new generations bring. The combination of a slowing economy from declining Baby Boom spending after 2010 and a slowing of workforce expansion will create a deflationary slowdown in the U.S until 2023.