Dent’s predictions are all over the place. He did call the Japanese downturn but he also predicted a 40K Dow. He seems to go with the shotgun approach to predicting, throwing a lot of stuff out there and capitalizing on the predictions that happen to be right. One website that rates economists and funds gave him the “Ultimate Charlatan” award.
http://www.maxfunds.com/?q=node/319
I would take what he has to say with a grain of salt.
Thank you very much, it was a very useful link in my opinion, and I’m going to share the summation of Mr. Dent with my friend. Again, thank you for taking the time to provide me with that link.