Early in the life of this blog, I mentioned the macro-economic views of Harry Dent. In a nutshell (no pun intended), Dent considers the market in the mid stages of a "Bubble Boom" in which the surge of the late Nineties in the equity markets was only the first leg of this bubble. The second leg, according to Dent, is upon us now, due to assert itself and make it all friggin' obvious to us market players at any moment.
Yesterday I received an update from Dent, reaffirming his analysis and suggesting that the friggin' obvious part will make itself known between late/June-early/July and October of this year.
As for Real Estate, Dent suggests that the pending explosion in equity prices will end the Real Estate Boom as money from real estate will flow back into the stock market. Dent expects Fed tightening to be coming to a close and that oil has seen it's highs for at least a year or so.
It's hard to use this kind of trend analysis in trading, maybe even in investing, but I am revisitng it here in case Dent's scenario seems to be coming together later this summer or fall. If so, maybe we can start taking it more seriously.