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Harry Dent: India A Better Long-Term Bet Than China
IndexUniverse Staff (September 16th, 2009) Writes:
The author says forget about most of Europe and Japan. He also talks about his new ETF and the role of demographics in investing.
Harry Dent is founder and chief executive of Tampa, Fla.-based HS Dent Investment Management LLC. He is a best-selling author and money manager who has developed quantitative investment models based on demographic research.
He took time on Tuesday to discuss his latest views on the market with IndexUniverse.com Editor Murray Coleman. They also discussed Dent's new exchange-traded fund, the AdvisorShares Dent Tactical ETF (NYSEArca: DENT). It's scheduled to begin trading on Wednesday. Below are excerpts of that conversation.
IU.com: You’re fairly pessimistic about the market now, aren’t you?
Dent: We do think we’re at the end of this rally. This isn’t like past recessions. Consumer spending by baby boomers is peaking. It’s the end of a long surge that began in the 1980s. Clearly, baby boomers are
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