Strange Recovery
Is it strange in here, or is it just...strange?
By Vadim Pokhlebkin
5/1/2012 4:00:00 PM
Something doesn't feel right. Look at this:
Filed Under: Bob Prechter, consumer confidence, earnings, Elliott wave, home sales, Robert Prechter, S&P 500, social mood, unemployment
Category: U.S. Economy
By Vadim Pokhlebkin
2/28/2012 5:45:00 PM
"Markets rise on increase in US consumer confidence," said a February 28 Associated Press headline. To decipher the meaning of economic reports like this is the bread and butter of "fundamental" analysis. Inevitably, positive data is supposedly bullish for the stock market, while negative economic reports are bearish. But is this accurate? What a strange question, you may say -- of course it is! Well, take a look at this.
Filed Under: Bear market, bull market, consumer confidence, Elliott wave, gross domestic product (GDP), Robert Prechter, S&P 500, VIX
Category: Stocks
By Bob Stokes
2/24/2012 5:00:00 PM
Are consumers and investors letting their guards down at exactly the wrong time? Well, the evidence about the economy shown in the two charts speaks for itself...
Filed Under: consumer confidence, Elliott Wave Theorist, investor psychology
Category: U.S. Economy
By Bob Stokes
1/31/2012 5:45:00 PM
Will the wide swaths of vacant homes now visible in Detroit, Cleveland, Las Vegas and Florida become common elsewhere?...
Filed Under: consumer confidence, deflation, foreclosures, home sales, housing prices
Category: Real Estate
Luxury May Be Lethal
"...luxury is a classic late-bloomer." -- Financial Forecast, March 2011
By Bob Stokes
10/7/2011 5:45:00 PM
Naturally, anyone has a right to spend their money on whatever they choose. The point to ponder is what the demand for luxury today may be telling us about our economy tomorrow. Find out where in the economic cycle that an increasing demand for luxury usually occurs...
Filed Under: consumer confidence, consumer spending, cultural trends, Elliott wave
Category: U.S. Economy
By Bob Stokes
9/9/2011 2:45:00 PM
There's yet another indicator that our economic deterioration might very well accelerate more rapidly than what happened in 2008. You can see this indicator for yourself...
Filed Under: consumer confidence, consumer spending, economic depression, gross domestic product (GDP), stimulus package
Category: U.S. Economy
The Downturn Returns -- and Houses Get Crowded
"The worst thing about real estate is its lack of liquidity during a bear market." -- Robert Prechter, Conquer the Crash
By Susan C. Walker
8/19/2011 12:15:00 PM
We now all live with a massive glut of real estate, which keeps housing prices low. But either no one wants to buy or they can't afford to buy. Add to that the latest statistics on new home sales and a few other areas, such as consumer sentiment and auto sales, and you can see that the economic downturn has returned.
Filed Under: conquer the crash, consumer confidence, housing prices, social mood
Category: U.S. Economy
By Nico Isaac
6/14/2011 3:00:00 PM
The only time that fundamental analysis of financial markets doesn't make sense is those parts of the week that end in "day." Take, for instance, the slew of news items below discussing the recent price action in the world's leading stock index, the Dow Jones Industrial Average.
Filed Under: Robert Prechter, consumer confidence, crude oil, Dow Jones Industrial Average (DJIA), fundamental analysis, Robert Prechter, Wall Street
Category: Stocks
By Bob Stokes
4/26/2011 5:00:00 PM
British businesses can use the extra coinage. Shoppers there have not parted with their pounds as readily as they did a few years ago. Consumer confidence in the U.K. has been sagging. See the chart...
Filed Under: Bank of England, consumer confidence, european central bank, European Union (EU), eurozone, FTSE
Category: European Markets
By Bob Stokes
2/10/2011 5:15:00 PM
So what happened to the "Great Recession?" Has the economy suddenly "turned around?" Can you even have a "turn around" when housing prices are still in decline and unemployment is still high? What can explain the increased demand for luxury items? Here's what...
Filed Under: consumer confidence, consumer price index, Dow Jones Industrial Average (DJIA), Elliott Wave Principle, New York Stock Exchange (NYSE), recession, sentiment, social mood, supply and demand
Category: U.S. Economy
By Bob Stokes
2/7/2011 4:45:00 PM
How long can market optimism co-exist with a pessimistic populace? Are we approaching a "tipping point," as described by the latest issue of the European Financial Forecast?...
Filed Under: CAC40, consumer confidence, DAX, Elliott Wave Principle, euro stoxx 50, eurozone, european central bank, European Union (EU), eurozone, FTSE, Greek debt, VIX, volatility
Category: European Markets
By Bob Stokes
1/3/2011 5:00:00 PM
Taken together, all the reasons that Bernanke cites point to a downward spiral -- a deflationary trend. The reasons why depend on the given small business situation, but it's credit contraction just the same...
Filed Under: Ben Bernanke, central banks, consumer confidence, credit crisis, deflation, Elliott Wave Principle, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Nico Isaac
6/29/2010 4:30:00 PM
On June 29, the U.S. stock indexes fell from the open, as the S&P 500 hit its lowest level of the year, while the Dow Industrials suffered a triple-digit slide beneath the psychologically important 10,000 level. The fundamental experts rushed to the scene like medics to a car crash. There, they determined one main cause for the rout: a bearish June 29 Conference Board report on falling consumer confidence.
Filed Under: Dow Jones Industrial Average (DJIA), Dow Jones Industrial Average (DJIA), consumer confidence
Category: Stocks
Important Q&As You May Have Been Missing
EWI's Message Board is a free resource to get your questions answered by EWI experts.
By Vadim Pokhlebkin
6/29/2009 5:30:00 PM
At EWI's Message Board, readers ask us dozens of questions, daily. We try and answer everyone, and the best Q&As we publish for all to see. Below are our three nominees in the "Best Question" category for the month of June. Enjoy!
Filed Under: consumer confidence, social mood, Robert Prechter, socionomics
Category: U.S. Economy
By Vadim Pokhlebkin
7/31/2008 5:45:00 PM
On July 29, the U.S. dollar gained strongly against the euro, sending the EURUSD exchange rate down some 200 pips, or two full cents. But if you looked at the day's news for explanations, it probably left you scratching your head...
Filed Under: euro/USD exchange rate, consumer confidence
Category: Currencies