Double Trouble for the Economy
How the low-government era morphed into the big-government era
By Bob Stokes
4/19/2012 4:00:00 PM
Two acts of Congress in 1913 turned out to be double trouble for the economy, even to this day. Robert Prechter says the "...results of big government are on the brink of getting much worse"...
Filed Under: Bob Prechter, central banks, debt, deflation, gross domestic product (GDP), history, inflation, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
4/18/2012 2:30:00 PM
Many market observers may not realize just how historically intense the interest in technology names has been. Recently, NASDAQ volume reached its highest level in its 16-year history! However, there's been a change...
Filed Under: Elliott wave, history, Nasdaq Composite, sentiment, volume
Category: Stocks
By Bob Stokes
4/13/2012 5:15:00 PM
As bubbles balloon in individual sectors of the economy, the psychology of the pre-financial crisis days have returned. That's why it's important to remember that hardly anyone was concerned about the real estate market in 2006. Then the whole house of cards fell in. Now consider the entire global debt market: the biggest bubble of all time...
Filed Under: commercial real estate, credit crisis, debt crisis, deflation, history, home sales, housing prices, Robert Prechter
Category: U.S. Economy
By Bob Stokes
4/10/2012 3:45:00 PM
You can't do much as an individual to solve the nation's debt and economic problems, yet you can prepare for a worsening economic downtrend. Do we see evidence for an economic turn for the worse? Well, the evidence is so overwhelming that...
Filed Under: conquer the crash, debt crisis, debt downgrade, deflation, economic depression, great depression, history, safe banks
Category: U.S. Economy
By Bob Stokes
4/9/2012 4:45:00 PM
Some market participants are saying that the correction may have a little more to go, yet they also think a pullback will be shallow and the market will soon continue its climb. In other words: the quotes above represent the language and market sentiment of the 1990s. We know how that decade turned out...
Filed Under: Dow Industrials, financial forecast, history, investor psychology, mania, Nasdaq Composite, S&P 500, sentiment, Short Term Update
Category: Stocks
By Bob Stokes
3/27/2012 4:45:00 PM
There is a reason that citizens should be concerned about excessive sovereign debt. National governments have defaulted on their obligations, and those events do have consequences. Read what Robert Prechter has to say about the impending credit implosion...
Filed Under: conquer the crash, credit crisis, debt crisis, deflation, European debt crisis, history, Robert Prechter, soverign debt crisis
Category: U.S. Economy
Bubble, Bubble: Stocks in Trouble?
400 years of history show: AFTER a mania, prices fall lower than they were BEFORE it
By Bob Stokes
3/21/2012 4:00:00 PM
It's easy to say you'll get out before the bubble bursts -- but there's always someone saying "stocks have more to run," or "this pullback is healthy for stocks"... in other words, "tulips are headed even higher"...
Filed Under: Bear market, CNBC, deflation, herding, history, mania, market crash, Robert Prechter, sentiment, stock indexes, technical indicators
Category: Stocks
By Paul DeBoer
3/14/2012 5:30:00 PM
Sociologists, historians, and even psychologists have long studied the when and why of major wars. Their theories range from economics to demographics to resources to religion to lust for empire.
Such explanations offer some insight regarding some wars -- yet none is universal enough to apply to most of history's major wars. Once again, this is where socionomics steps forward and offers unrivaled insight.
Filed Under: history, social mood, socionomics
Category: Socionomics
By Bob Stokes
3/12/2012 5:15:00 PM
In 1868 construction began on an office building of record-height. Construction was completed in 1873, and the Equitable Life building in New York stood 130 feet. Many people considered it America's first skyscraper. What does that have to do with today?...
Filed Under: deflation, economic depression, Elliott wave, history
Category: U.S. Economy
By Bob Stokes
3/8/2012 5:15:00 PM
The 1929-1933 financial collapse was of Supercycle degree. The rally that followed the 1929 low lasted only five months. But the market rally that began in 2009 has lasted three years. Why so long and when can we expect the rally to say good-bye?...
Filed Under: Elliott wave, Fibonacci, great depression, history, market forecasts, Robert Prechter, stock indexes, Traders
Category: Stocks
By Jill Noble
3/6/2012 9:45:00 AM
Socionomic correlations go well beyond fashion and movies. Watch this space each week for a new video clip from History's Hidden Engine, to help you gain a better understanding of Prechter's socionomic insight leading up to the 2nd annual Socionomics Summit.
Filed Under: history, history's hidden engine, social mood, socionomics, socionomics summit
Category: Socionomics
By Bob Stokes
1/30/2012 5:15:00 PM
Our Elliott wave analysis strongly suggests that the markets and economy are at rare historical junctures. Read what Robert Prechter recently said...
Filed Under: 1929 Stock Market Crash, deflation, Efficient Market Hypothesis (EMH), Elliott wave, herding, history, market forecasts, Random Walk Theory, Robert Prechter, social mood
Category: Stocks
By Jill Noble
12/13/2011 1:00:00 PM
Learn the thought process that makes for a successful market forecast -- and how to put it into action -- with our one-hour presentation recorded at the 2010 Legends of Trading Forum in Chicago.
Filed Under: Elliott Wave Education, Elliott Wave trading, history, market forecasts, Robert Prechter
Category: Commodities
By Editorial Staff
12/12/2011 5:45:00 PM
People default to physics when predicting social trends. The Law of Conservation of Momentum makes possible our modern technological world. People rely on it every day. Despite its use in so many areas, however, it is inapplicable to predicting social change.
Filed Under: cultural trends, history, investment decisions, investor psychology, social mood
Category: Classic Prechter
By Bob Stokes
11/1/2011 10:00:00 AM
Don't blame Martin Van Buren for America's first deflationary depression. What is more powerful than a President of the United States? The answer is...
Filed Under: conquer the crash, debt crisis, deflation, economic depression, great depression, history, social mood, South Sea Bubble
Category: U.S. Economy
By Bob Stokes
10/28/2011 4:30:00 PM
Stories of her frugality are legendary: she traveled in an old carriage, bought broken cookies in bulk because they were less expensive, and reportedly spent half a night looking for a lost two cent stamp. But the most extreme example of her pathological stinginess relates to...
Filed Under: Ben Bernanke, Robert Prechter, central banks, deflation, history, monetary policy, stimulus package, Troubled Asset Relief Program (TARP), U.S. Federal Reserve (the Fed), Wall Street
Category: U.S. Economy
By Bob Stokes
10/27/2011 3:00:00 PM
When it comes to your finances, linear thinking puts you on a path full of pitfalls. Today's markets may not resemble tomorrow's markets. This truth cannot be over-emphasized: Change is not an occasional occurrence: throughout history, it has been the only constant. Find out what market changes we see ahead...
Filed Under: Robert Prechter, Elliott Wave Principle, history
Category: Stocks
Will Commodities Save Your Portfolio? Connect the Dots
If stocks and hard assets are "supposed to" move in opposite directions, how do you explain this chart from Bob Prechter's "Conquer the Crash"?
By Nico Isaac
10/6/2011 5:45:00 PM
In 2008, the mainstream experts were dead set on the idea that commodities would provide shelter from the maelstrom raging within stocks and bonds. Their outlook was based on expectations for a repeat of the 1970's inflation and the theory that stocks and commodities always move in opposite directions. YET -- from its July 2008 peak, the Reuters/Jefferies CRB Index of commodities plummeted 58% in its biggest decline in 28 years -- right alongside plunging stock markets.
Filed Under: 1929 Stock Market Crash, Robert Prechter, CRB index, deflation, Elliott wave, Elliott Wave Theorist, fundamental analysis, history, inflation, liquidity, technical analysis
Category: Commodities
By Jill Noble
10/6/2011 5:15:00 PM
In this clip from his presentation at the London School of Economics, Bob Prechter discusses neurobiology and the biological impulses that make "rational self-interest" so difficult.
Filed Under: herding, history, personal finance, Robert Prechter, Robert Prechter, volatility
Category: Classic Prechter
By Bob Stokes
8/17/2011 11:15:00 AM
While he "stared down" that financial crisis, even J.P. Morgan would be no match for today's national debt. In 1907, the Wall Street legend gathered New York City's biggest bankers into his office and demanded that they had 10 minutes to...
Filed Under: central banks, conquer the crash, economic depression, history, monetary policy, New York Stock Exchange (NYSE), quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed)
Category: U.S. Economy