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Running With The Bulls

Think today's economy is booming? Hold on! Harry S. Dent Jr. says here come the roaring 2000s.

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This story appears in the June 1999 issue of Entrepreneur. Subscribe »

When Harry S. Dent Jr. predicted in 1989 that a long-term stock market boom was about to begin, everyone thought he was crazy. The bestseller lists were filled with doom-and-gloom volumes, and Dent had to self-publish his first book, Our Power to Predict: Revolutionary New Tools for Predicting Our Economy and the Future of Business.

Dent also foresaw falling mortgage rates, the elimination of the U.S. government's budget deficit by 1998 and the decline of Japan's economic prowess. He restated that rosy outlook in his first commercially published book, 1992's The Great Boom Ahead: Your Comprehensive Guide to Personal and Business Profit in the New Era of Prosperity (Hyperion Press). Although still swimming against the evidence, it sold 300,000 copies. Now on the bestseller lists is The Roaring 2000s: Building the Wealth and Lifestyle You Desire in the Greatest Boom in History (Simon & Schuster). This time, everyone is paying attention.

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