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CATEGORY: U.S. ECONOMY Return to Free Updates Home Page

Wall Street Pay Gets Whacked: Why Should You Care?
Is Main Street next?

By Bob Stokes
2/22/2012 5:15:00 PM

Here's an irony: while recent news reports were upbeat about the decline in unemployment (to 8.3 percent), Wall Street bonuses were being downsized. Is Main Street next?...

Filed Under: financial forecast, Wall Street

Category: U.S. Economy


Inflation vs. Deflation: See the Chart That Settles the Debate
Inflation has been decelerating for over three decades.

By Bob Stokes
2/8/2012 5:15:00 PM

See the chart that addresses the inflation vs. deflation debate. Then, read the analysis... 

Filed Under: deflation, Elliott Wave Theorist, financial forecast, inflation, rate of change

Category: U.S. Economy


Today and 1929: The Eerie Economic Similarity
Deflation and the real employment picture.

By Bob Stokes
2/7/2012 5:00:00 PM

Take note: there's an eerie similarity between what is developing economically today and what happened from 1929-1933...

Filed Under: 1929 Stock Market Crash, Ben Bernanke, deflation, economic depression, financial forecast, unemployment

Category: U.S. Economy


The 'Most Bearish Chart in the World Today' – Or Is It?
Can the Baltic Dry Index Really Be Used as a Leading Indicator?

By Gary Grimes
2/1/2012 5:15:00 PM

A number of news articles say the Baltic Dry Index reveals what's ahead for U.S. stock prices and the global economy. But does it really signal a stock crash and economic calamity?

Filed Under: Baltic Dry Index

Category: U.S. Economy


Fast Start to Financial Safety
Learn how to protect your wealth.

By Bob Stokes
1/25/2012 4:15:00 PM

Did you know the Federal Deposit Insurance Corporation (FDIC) only has enough funds to cover a small fraction of bank deposits -- in the event of widespread bank failures?...

Filed Under: banks, economic depression, Federal Deposit Insurance Corporation (FDIC), investment decisions, risk management

Category: U.S. Economy


(VIDEO) Credit Crisis: Are We Set Up for The Perfect Storm?
Robert Prechter discusses what's backing your dollars

By Alexandra Lienhard
1/25/2012 3:30:00 PM

In this video clip, taken from Robert Prechter's interview with The Mind of Money, Prechter and host Douglass Lodmell discuss "real" money vs the FIAT money system, and what is backing your dollars under our current system.

Filed Under: video, Robert Prechter, deflation, real money, credit crisis

Category: U.S. Economy


You've Seen Housing Starts This Bad Before -- If You're Ninety Years Old
Many know about home prices, few know about housing starts

By Robert Folsom
1/23/2012 5:45:00 PM

The difference here is that Prechter examines mostly long-term data, which is why he's able in turn to reveal the very long-term economic story. Most conventional economists only scrutinize marginal changes in monthly data. It doesn't even occur to them to study a 100-year chart, much less glean the trends that emerge from many such charts...

Filed Under: Bob Prechter, Elliott Wave Theorist, home sales, housing prices

Category: U.S. Economy


"Safe" Municipal Bonds: A Buy Signal for 2012?
"...the evidence continues to mount that a change for the worse is underway."

By Bob Stokes
1/20/2012 4:45:00 PM

Investors believe municipal bonds are safe, but the evidence suggests that a change for the worse is underway. That evidence includes...

Filed Under: financial forecast, municipal bonds, mutual funds, pension funds

Category: U.S. Economy


U.S. Bonds: Loved By No One... But Outperforms Them All. Learn Why
Newsflash: U.S. bonds outperform U.S. stocks! Another investment theme EWI got right -- here's how

By Nico Isaac
1/12/2012 4:45:00 PM

On the financial playground, long-term bonds are generally the last picked for the winning team -- well behind equities, commodities, high-yield (junk) bonds, even the barely established emerging markets. The reason being: the amount of time it takes to actually reap the fruits of your return. BUT, as a January 5, 2012 CNBC articlereveals, the asset that supposedly nobody loves has outperformed them all.

Filed Under: conquer the crash, credit crisis, debt, debt crisis, deflation, Elliott wave, emerging markets, hyperinflation, inflation, Interest Rates, liquidity, prechter, QE2, quantitative easing, social mood, Treasury bonds, U.S. Federal Reserve (the Fed), U.S. Treasuries

Category: U.S. Economy


"Timing Deflations: The Kondratieff Cycle"
Is the downside of the cycle over?

By Bob Stokes
1/11/2012 4:15:00 PM

The average Kondratieff cycle is 54 years, so one cannot expect precise timing; yet it remains a useful analytical tool. For example, the Kondratieff cycle has been "spot on" when it comes to forecasting the overall trend of Treasury bond yields. Take a look at this chart...

Filed Under: deflation, Elliott wave, inflation, market forecasts, Treasury bonds

Category: U.S. Economy


Jaguar Inflation - A Layman's Explanation of Government Intervention

By Editorial Staff
1/10/2012 10:45:00 AM

Many people think that government intervention in the credit markets will cause major inflation. It's a complex issue to understand, but perhaps this analogy will help clarify what has really been happening.

Filed Under: banks, central banks, consumer credit, credit crisis, debt, debt crisis, debt, deflation, Elliott Wave Theorist, hyperinflation, inflation, Robert Prechter, safe haven, U.S., deflation, inflation, prechter

Category: U.S. Economy


This "Economic Drag" is Holding Back a Recovery
Debt trumps recent positive economic reports.

By Bob Stokes
1/5/2012 4:45:00 PM

Recent positive economic reports are enough to tip someone with an "on the fence" economic outlook onto the bullish side. But is that wise? A less-widely reported (and read) economic story has this to say...

Filed Under: debt crisis, deflation, Elliott Wave Theorist

Category: U.S. Economy


New Year, New High Hopes for Stocks
Except, when have we heard that before?

By Vadim Pokhlebkin
1/3/2012 6:30:00 PM

You can probably relate: Every year, come January 1, I just can't help but feel that "every little thing is gonna be all right," as Bob Marley sang. This year, the mainstream financial community is sharing the same sentiment. Here's how our own December 30 Short Term Update summarized it...

Filed Under: Dow Jones Industrial Average (DJIA), market forecasts, Nasdaq Composite, S&P 500, sentiment, unemployment

Category: U.S. Economy


Preparing Your Finances for 2012
Looking ahead to a new year and planning for the future

By Hope Welborn
12/28/2011 2:15:00 PM

Now is a good time to look back over the past year and assess your finances. Do you have the information needed to make wise decisions in the next year? Prepare and take action now so that you'll be ready for what's ahead.

Filed Under: conquer the crash, debt, deflation, Elliott Wave Theorist, hyperinflation, inflation, Robert Prechter, safe haven, U.S., deflation, economic depression, great depression, investment decisions, personal finance, prechter, recession, risk management, Robert Prechter, safe banks, safe haven

Category: U.S. Economy


$15-Trillion and Counting: Will the Debt Mountain Just Grow Higher?
"Anti-spending sentiment is on the rise."

By Bob Stokes
12/23/2011 4:45:00 PM

Many people say that the Federal Reserve will just keep "printing money." But to say that the government will just keep "stimulating" is to ignore the simple truth that institutions consist of people. Even people in authority come under the influence of prevailing psychology -- which today is one of increasing... 

Filed Under: Ben Bernanke, debt crisis, deflation, Elliott Wave Theorist, great depression, monetary policy, monetization, QE2, quantitative easing, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


How Does the Value of the U.S. Dollar Fit Into the Big Picture for the Economy?
Robert Prechter discusses his views on the credit crisis and the U.S. dollar

By Debbie Iseler
12/20/2011 11:15:00 AM

More credit is denominated in U.S. dollars than any other currency. What does this mean for the value of the dollar as the credit crisis continues its strangle-hold on the world economies? Enjoy this video clip of Bob Prechter.

Filed Under: credit crisis, forex, prechter, U.S. dollar, video

Category: U.S. Economy


A Not-So-Funny Thing Happened on the Way to the Economic Recovery
If this is what a "recovery" looks like, imagine the "economic reversal"

By Bob Stokes
12/15/2011 5:30:00 PM

After reading this, you may wonder how healthy the "economic recovery" really is...

Filed Under: banks, debt downgrade, deflation, Federal Open Market Committee (FOMC), Interest Rates, monetary policy, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Real Estate: Did we rely on UNreliable data to tell us how bad it is?
Homes are harder to sell. So how does that NOT affect house prices?

By Robert Folsom
12/15/2011 11:00:00 AM

In this already-bizarre news story, the most bizarre sentence may be this: "The... revisions will be published next Wednesday and will not affect house prices." Well. We'll have to wait and discover exactly how THAT can be accurate. Check my math, but: If home sales are overstated, there's a greater imbalance of too many sellers/too few buyers...

Filed Under: Elliott wave, home sales

Category: U.S. Economy


The Magic Way to Solve the 99% vs. 1% Problem

By Susan C. Walker
12/15/2011 10:45:00 AM

if you want to know how those percentages might become less extreme, don't look to Occupy Wall Street protestors for the solution. Instead, look for a bear market. It has always been the great leveler.

Filed Under: Bear market, personal finance, social mood

Category: U.S. Economy


How DEEP Will Cuts in Government Services Go?
Plus: The check is STILL in the mail.

By Bob Stokes
12/8/2011 4:15:00 PM

The pace of the deteriorating economic trend appears to be accelerating. Our analysis suggests that it's part of a larger deflationary trend that has a long way to go. Learn how to prepare and protect yourself...

Filed Under: Club EWI, conquer the crash, deflation, Robert Prechter

Category: U.S. Economy