Economist Harry S. Dent tells Investor’s Business Daily Fiscal Cliff is Least of Stock Market’s Worries
TV talking heads and news headlines are heralding the fiscal cliff's danger to the U.S. economy. But a greater threat lies in wait thanks to the European debt crisis and slowing growth in China, says Harry Dent.
The CEO and founder of HS Dent, a Tampa, Fla.-based economic research and forecasting firm, says we're on the brink of a "global meltdown" once the "debt bubble" explodes, regardless of what happens in Washington. He explains why this is and how ETF investors can protect their money.
Dent developed the Dent Method, which bases economic outlooks on demographic trends.
John Del Vecchio, forensic accountant and co-portfolio manager of the Ranger Equity Bear ETF (NYSEArca: HDGE), has a new book out that puts indexing in a favorable light, but with a few important twists. Del Vecchio told IndexUniverse.com
Dallas Morning News business columnist Will Deener reviews What's Behind the Numbers? Expose Financial Chicanery... written by John Del Vecchio, forensic accountant / co-manager of actively managed all short Ranger Equity Bear ETF and Tom Jacobs Portfolio Manager of Motley Fool Special Ops.
"I would recommend the book to those compelled toward stock picking or to anyone who wants to better understand how companies manipulate their earnings. It’s an easy read — you don’t need an accounting degree to understand it — and the insights are applicable whether you prefer to go long or short. . . Avoiding the big losses is more important than getting the big win, and that is the message of this book."
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