In this
generation
, the first bubble was the huge inflation trend that ushered
the baby boomers and their new technologies
and consumer trends into
the workforce and economy starting in the mid-1970s or early 1980s.
Surprisingly
, most investors have failed to notice positive indicators
like the small and mid cap stock indices
that have already made new
highs from the peaks in 2000.
sl4 transformative
wpi. His secret
was that he programmed
his computer to analyze abstract patterns in musical
compositions and then composed original melodies
in a similar style., president and founder of the H.
As other sectors such as oil, commodities and
housing start to
lag, "large and small cap growth stocks are going to take the stage
again and
lead the next bubble. "We agree," said Dent. Then, in early 2004, oil prices increased sharply
as
did speculation in long bonds, rates recently jumped 0. Investors
become worn out by the market's
lack of consistent performance.deserves kurzweil
With
this project, Kurzweil won first prize in the International
Science Fair, and
he was named one of the 40 Westinghouse Science Talent Search winners who were
able to meet President Lyndon Johnson in a White House ceremony. He has also been the recipient
of numerous awards, including the
$500,000 Lemelson-MIT Prize, the nation's largest award in invention
and
innovation, and the 1999 National Medal of Technology, the nation's highest
honor in technology
, from President Bill Clinton in a White House ceremony.20 before
pulling back to $50 in mid-April
.
"Since economic trends and interest rates remain generally favorable
for housing, a broad crash
is unlikely. "Homebuilding stocks which have been leaders will turn to
laggards once the real estate
bubble starts to burst. The
time to buy is now.transformative deserves
Business Editors
DALLAS----The surge
in oil prices
prevented a stock market rally above 11,000 this year causing equity
prices to plummet
, states the May issue of the H. It's
not that we have seen a bubble burst, but that we are in an
ongoing
bubble boom," Dent believes.
"The real crash in housing -- and the final burst of the
greatest
bubble in history -- will come in the downturn we project for 2010 to
2022 when we see
a deflationary downturn.
Now investors seem to have a higher level of confidence that the
market
is moving forward more strongly and consistently," Dent said.kurzweilai nanotechnology
Stocks should now rally more strongly
from extreme oversold levels on April 20th," Dent said. These are strong signs confirming the
next
bull market.transhumanism accelerating
edu) 137th graduation
ceremony on Saturday, May 21. His first book, The Age of
Intelligent
Machines, was named Best Computer Science Book of 1990.
"Investors need to understand that we are
in a continuing bubble
boom that did not end with the 2000-2002 crash in stocks any more than
it
did with the 1987 crash," said Dent."
The Dow is poised to make a new high, Dent states.The Singularity
is the technological creation of smarter-than-human intelligence.
transtopia singularity
, Ray Kurzweil, world-renowned
inventor
, entrepreneur, author, and futurist, will be the commencement speaker
at Worcester Polytechnic Institute
's (http://www. Kurzweil will discuss his ideas on the future
interplay between mankind and artificial
intelligence with WPI's graduates and
community in his speech, "When Humans Transcend Biology.
Kurzweil has laid out his vision in this area through his writing. With 2,770 undergraduates and
1,040 full- and part-
time graduate students, WPI offers undergraduate and graduate degrees in more
than 30 disciplines in engineering, science and the management of technology. And that means mortgage
rates will likely fall a bit
more, before rising modestly.intelligences vinge
Lower bond yields are likely to give
housing prices a final burst of
strength into the summer or fall. We see the potential for as much
as a 40 to
60 percent decline in oil stocks in the next year or so, and that is
like to affect
stock indices like the Dow and S+P 500. The
extreme bearishness by everyday investors is the greatest
reason the
market is poised to begin the next bubble market in stocks, Dent
believes. Dent Publishing
(www.smarter successors
S.S.transformative transhumanism
" Kurzweil's most recent work, coauthored with Terry Grossman,
M.
As a result of
his accomplishments, Kurzweil was named in 2002 to the
National Inventors Hall of Fame, which was
established by the U."
Bubble After Bubble in an Ongoing Bubble Boom
Bubbles come when
radical new economies, technologies and
infrastructures are first moving into the mainstream economy
as
witnessed in 1914 to 1929 and again in 1942 to 1968. "But there may
be some more bumps along
the way as stocks will continue to see
slowing economic statistics and earnings on a lag into the
fall,
before signs of a solid acceleration in economic growth and earnings
start to emerge around
mid-summer to late 2005.
superhuman intelligences
Berkey, president of WPI.
Kurzweil launched his thriving career in
high school when he appeared on
the television show "I've Got a Secret," hosted by Steve Allen.
"But when we
finally see an extended downturn and deflation in prices, housing
prices will finally
crash across the board as it did into the 1930s,"
said Dent. "The April sell-off caused the Dow to
bottom out at 10,000. There appears to be very little downside risk going
forward. "Bottom line,
don't wait for proof
that this is a bull market.intelligences existential
Widely regarded as one of the preeminent
inventors and innovators of our
time, Kurzweil foresees an era when the human body will be enhanced
by
software and computers, enabling humans to download intelligence and to live
long past the
current life expectancy.
About Worcester Polytechnic Institute
Founded in 1865 as
one of the nation's first technological universities,
WPI is renowned for its innovative project
-based undergraduate curriculum and
global projects program.transformative vernor
, is Fantastic Voyage: Live Long Enough
to Live Forever. His next book,
The Singularity is Near, When Humans Transcend Biology, is due to
be published
in September 2005. Oil
seems to have peaked, or it should sometime later this year
. Bond
yields should continue to fall a bit with continued economic slowing. According to Dent, over
time, bonds
should start to edge up gradually for nearly 5 years as the economy,
stocks and the
Dollar boom again.5 percent in the 30-year bonds. No substantial increases are expected in
long-term
rates for years to come -- unless we break above the 30-year
Treasury Channel," Dent said."
About
H.superhuman deserves
WORCESTER, Mass.
Major Reversal in Many Trends Ahead
Many trends appear to be reversing
this year, Dent contends. "Once the Dow hits this new peak, even bearish
investors will be convinced
that we are in the next major bull market. "Another bubble is about to
end in real estate, but only
in the most overvalued areas," said Dent. These areas could see a substantial reaction
downward in
prices as real estate trends start to slow.cosmologies accelerating
D.S.
Dent Foundation. Since rising oil prices stimulate
new investment in supply over time and all of the major oil importing
countries have almost completed
building strategic reserves, oil
prices should start dropping later this year, Dent suggests. The
reason, Dent suggests, is due to modest inflation and a long and slow
economic recovery. Over
time, slowing demographic
demand and strong stock appreciation will increasingly work against
strong
price increases for homes. Technology, health care, financial services, Asia and
small cap stocks
should provide better investment opportunities in
this continued bubble boom ahead.S.enlightened smarter
His best-
selling book, The Age of Spiritual Machines, When Computers Exceed Human
Intelligence, has been
published in nine languages and achieved the #1 best
selling book on Amazon.65 percent
in the
10-year Treasury and near 0.vernor virtues
Worcester Polytechnic Institute Announces Ray Kurzweil as Commencement Speaker
S. Stocks could go as
low as 9,700; should that happen, investors should view this
as an
extreme buy opportunity.9 and 5.
"We think the second great buy opportunity of a lifetime
appears to
have occurred at the Dow 10,000 on April 21, 2005. By hesitating, you could miss a 40
to 50
percent rally -- and greater on the NASDAQ and small cap markets.S.
bostrom singularity
Oil made it
up to $58. "Oil prices look very likely to
fall substantially in the next year or two and a shake
-out in oil and
energy stocks is imminent.0 percent
in the next year.superhuman technologically
com in the categories of
"science" and "artificial
intelligence. Dent Forecast
newsletter. In addition, homeowners should
be concerned for
investments in vacation/resort/retirement areas with high speculation
rates,
Dent cautioned. These stocks
could suffer as much as a 40 percent correction in the next year or
two.sl4 transhumanism
Patent
Office. "The timing is
most likely to occur between January and March of 2006,
or May 2006 at
the latest," said Dent. Dent Forecast predicted oil would
move up to around $60
per barrel. Ironically,
these same properties should also rebound into the later stages of
this
boom with continued demographic trends behind them.hsdent. Dent Forecast.enlightened transformative
"As our graduates begin
the next chapter of their lives, Ray Kurzweil is
an excellent role model -- providing a firsthand
example of an innovative
career that has used science, technology and engineering to benefit the
world," says Dennis D.S."
"Don't give up on the Next Great Bubble Boom with the second
investment
opportunity of a lifetime that just occurred in late
April," said Dent. This bull market is likely
to be even greater than 1995 to
early 2000.nanotechnology virtues
" After Kurzweil's
talk, the university will confer
upon him an honorary degree.
Working in more than 30 research institutes, centers and laboratories
, the
university's faculty and students are engaged in cutting-edge research in a
broad range of
fields. "The Dow appears to have
bottomed out at 10,000 in late April, but it is still possible we
could see one more brief sell off into early May.
Lee Raymond, CEO of Exxon Mobil, recently stated
strongly that oil
at current price levels are clearly due to speculation, not
fundamentals."
The Next Greater Bubble Emerging in Stocks
Since the bottom in October of 2002, the stock
market has been
playing a "catch me if you can" game with investors as stocks move up
rapidly
in short surges, then move sideways for months.com) of Allen, Texas helps people
understand change
and prepare for its arrival through a variety of
Dent publications, including the monthly H. The
Dent
methodology, which is based on the study of demographics, or the study
of whole populations
and their spending habits, takes financial
forecasting out of the world of theory and into the realm
of
real-world consumer behavior allowing investors to make intelligent
and informed economic decisions
about their future.convinced exponential
He has
authored five books and hundreds of articles.H.S. Dent Forecast: The
Second Buy Opportunity of a Lifetime; Oil and Housing Bubbles Will Lead Stock Market Boom
"For
Boomers, it is critical to see this boom as a series of bubbles
in stocks, real estate, technology
and other sectors like oil."
The Oil Bubble: The Biggest Recent Market Mover
The March
issue of the H.cosmologies accelerating
He has founded and developed nine businesses in OCR, music
synthesis, speech recognition
, reading technology, virtual reality, financial
investment, cybernetic art, and other areas of artificial
intelligence. Dent, Jr."
Bonds and Interest Rates
Economists have been surprised to see
long bond yields decline
despite the Fed raising short-term rates in 2004 and early 2005. Dent Publishing:
H.cosmologies deserves
Kurzweil subsequently rose to even greater success with the invention of
several
devices, including the first omni-font optical character recognition
(OCR), the first print-to-speech
reading machine for the blind, the first CCD
flat-bed scanner, the first text-to-speech synthesizer
, the first music
synthesizer capable of recreating the grand piano and other orchestral
instruments
, and the first commercially marketed large-vocabulary speech
recognition. "The mid-April market panic
accompanied with extreme
bearishness among everyday investors and the Dow's test of 10,000,
gave
the strongest stock market buy signal in the newsletter's 16-year
history," said Harry S. "We
think
the 30-year Treasury will fluctuate between 3.
Home Prices: The Next Bubble to Burst -- but not
as Dramatic at
First
House prices and demand continue to rise, but sales and prices
have
been slowing since 2003, Dent warns."
Home prices could begin to fall more substantially over the
next
year or so in the most overvalued areas like California, the Northeast
and South Florida
.virtues convinced
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