3min chapter

Michael Covel's Trend Following cover image

Ep. 1130: Harry Dent Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

Asia Is the Next Frontier

Asia is the next frontier. You couldn't be more different than Japan and China and India. The emerging world, China is the first emerging country and the largest and one of the wealthiest at this time to peak. By the way, China already peaked in 2010 to 2011. Their demographics for decades to come in spending already peaked. They're still going to go to 80% urbanizing triples the income. People in urban areas make triple what people in rural do in emerging countries like China and Indian.India's spending wave doesn't peak till 2065. Keep in Australia will be one of the last.

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