Dent Research

The first global debt bubble came from 2001-08, rising from $77 tr (trillion) to $180 tr. Most of that was in the developed countries (DCs). The second bubble, based on easy money from DC QE policies...

Here in late 2019, the 45-year tech cycle is converging on the last top back in late 1972. More important the 90-year Super-Bubble Cycle is converging on that infamous late 1929 anniversary.The...

Dr. Lacy Hunt was the first economist to explain why money velocity is important: It measures whether a country is investing its money productively to create continued growth. When it’s above...

When I am speaking in Australia, New Zealand, and the U.K., all of whom have big real estate bubbles, I always ask: How do you think this is good for your country that it costs so much to live, and so...

Here are the 7 guiding principles by which I abide at all times when performing research and forecasts.1. All of history and progress is exponential not linear, as knowledge and learning build on...

The tech stocks are likely to have either a final blow-off rally into early 2020 or a bigger correction followed by a final rally to new highs into mid-2020. So, what’s the best way to play...

Wall Street continues to be convinced that the economy is edging back up again after a stall following the tax cut boost and near 3% GDP figures in 2018.I talked last Monday about how there were some...

When David Stockman spoke at our IES conference in October, he had a whole slew of charts that showed that the main street economy had nothing to do with the Wall Street one – and that there...

Somehow the stock market is expecting growth to re-accelerate after a disappointing 2.0% GDP growth in Q2. The only sign of such growth in the stock market is central banks lowering rates and...

High Debt Doesn’t Equal Higher RatesDr. Lacy Hunt breaks one natural assumption made by investors. You would think that rising government debt levels would lead to higher bond interest rates....

Is there no end to talk of how the U.S. dollar will soon be replaced as the world reserve currency by the euro or the yuan or a basket of currencies or gold or bitcoin or Libra? Even Michael Cembalest...

I’ve been victim of this same media mentality since I issued my Mea Culpa last week.Somehow the media has decided that my admission of mistiming the market very short term was a switch from a...

Between late 2014 and November 2016, the markets went nowhere. They made no more than a few, very minor, new highs. It looked like a classic head-and-shoulders, rounded-top pattern, with a break of...

My research in recent months has focused increasingly on how the surprise Brexit vote and Trump’s victory are actually not that surprising after all. They’re a clear sign of a growing...

The menacing fury of economic triggers that began piling up after the Great Recession are only getting larger and we can’t do much but watch it unfold and stay alert.I wrote about this in a...

Dr. Lacy Hunt has been featured more than any outside speaker at our IES conferences. Why? Because he’s the only classical economist I fully admire and he is a successful bond investment manager...