By Bob Stokes
4/20/2012 4:45:00 PM
Four years after we brushed up against "financial Armageddon," it appears our financial system is still not as stable as it needs to be. We believe that you should plan ahead for a run on bank deposits. Here's why...
Filed Under: banks, Ben Bernanke, cash, Club EWI, conquer the crash, credit crisis, Federal Deposit Insurance Corporation (FDIC), Robert Prechter, safe banks, safe haven, subprime lending, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
Vultures Circle the US Housing Market, Again
Why EWI's team of analysts, including Bob Prechter in his Conquer the Crash, foresaw the real estate crash -- and what Elliott wave analysis suggest for housing now
By Nico Isaac
9/27/2011 4:00:00 PM
On site of the gruesome real estate crash, financial paramedics have tried every resuscitating trick in the book to revive their dying patient: Trillions of dollars in government bailouts; repeated first-time buyer tax breaks; and record low mortgage rates. Yet, the US housing market is showing no gain activity.
Filed Under: Robert Prechter, conquer the crash, credit crisis, housing prices, Robert Prechter, subprime lending
Category: Real Estate
By Nico Isaac
7/14/2011 6:45:00 PM
Before you join the financial media in their collective sigh of relief, let me point out that in the May 2011 Elliott Wave Financial Forecast, EWI analysts presented the following chart of the DJIA versus two key financial indexes...
Filed Under: Dow Jones Industrial Average (DJIA), foreclosures, market forecasts, subprime lending
Category: Stocks
By Jason Farkas
6/21/2011 2:15:00 PM
Sovereign debt is making the headlines these days, and here is a new way to look at the different risk levels of bonds -- the Debt Parabola, a.k.a. Debt Man's Curve.
Filed Under: emerging markets, eurozone, Greek debt, municipal bonds, pension funds, Robert Prechter, Sovereign Debt, subprime lending, Treasury bills (T-bills), U.S. Treasuries
Category: U.S. Economy
By Bob Stokes
6/6/2011 5:15:00 PM
Home prices were on a "one-way street" -- namely up. But as we know, the trend in real estate prices did an abrupt U-turn. Now it's traveling swiftly in the opposite lane. How long will this downward trend continue?...
Filed Under: 1929 Stock Market Crash, conquer the crash, economic depression, foreclosures, housing prices, subprime lending
Category: Real Estate
By Bob Stokes
5/26/2011 5:00:00 PM
Does the trend in today's real estate market portend what's ahead in the general economy? We can say this: many of the same deteriorating economic indicators that we saw in mid-2007 are...
Filed Under: Campaign for Independent Thinking, deflation, economic depression, housing prices, Robert Prechter, subprime lending
Category: U.S. Economy
By Bob Stokes
4/29/2011 3:30:00 PM
Commercial real estate's downward trend goes beyond suburban malls. Much office space in business districts is empty. Read this excerpt...
Filed Under: commercial real estate, conquer the crash, credit crisis, deflation, foreclosures, housing prices, Robert Prechter, subprime lending
Category: Real Estate
US Housing Market: The Lost City Of Atlantis
Elliott wave analysis and historical stock market and real estate trend comparisons helped foresee the historic reversal in the US real estate market.
By Nico Isaac
2/10/2011 6:00:00 PM
According to the most recent quarterly real estate market survey from Zillow.com, the percentage of U.S. homes UNDERWATER -- i.e., those whose market values are below what's owed on them -- soared from 20% in August 2010 to 27% today. On top of that, home prices continue to decline while foreclosure rates rose to a new, all-time record high. (February 10, 2011 Associated Press)
Filed Under: foreclosures, housing prices, market forecasts, subprime lending, Wall Street
Category: Real Estate
By Bob Stokes
1/27/2011 4:15:00 PM
Much of what makes a "home and hearth" cannot be measured in dollars and cents. Even so, it's not wise to ignore the financial facts of residential real estate...
Filed Under: consumer spending, credit crisis, economic depression, Fannie Mae, Freddie Mac, housing prices, subprime lending
Category: Real Estate
By Nico Isaac
1/4/2011 3:15:00 PM
Elliott Wave International wasn't around during the Great Depression of 1929. But we were here for the most recent financial flameout in 2007 -- when the most inflated credit environment in all of history entangled itself around the engine of economic growth and sent it hurtling toward a fiery collapse. And contrary to the popular belief that the still continuing meltdown was an unforeseeable event, Elliott Wave International's team of analysts stayed ahead of the bursting of the economy's biggest balloons
Filed Under: 1929 Stock Market Crash, credit crisis, crude oil, eurozone, eurozone, Fannie Mae, Freddie Mac, great depression, housing prices, quantitative easing, subprime lending, Wall Street
Category: U.S. Economy
By Robert Folsom
10/5/2010 1:00:00 PM
It's been barely two years since we all saw exactly how a story like this must end. But this time it's even worse. Previously the toxic assets were based on subprime mortgages; now the toxic assets are based on subprime auto loans. Auto loans, dear reader...
Filed Under: subprime lending, investor psychology
Category: Interest Rates
When Do Bear Markets End?
The simplest answer amounts to a nine-word sentence
By Robert Folsom
9/24/2010 3:00:00 PM
First allow me to show what the end of a bear market is by describing what it is not.
Filed Under: Robert Prechter, Bear market, subprime lending
Category: Stocks
By Susan C. Walker
4/17/2009 6:15:00 PM
Wall Street hires sophisticated number-crunchers to figure out all kinds of risk for investments, but their computer models give only the illusion of evaluating risk.
Filed Under: hedge funds, subprime lending
Category: Classic Prechter
By Vadim Pokhlebkin
12/29/2008 6:15:00 PM
Well, here we are – a year-and-a-half since the start of the crisis, and hardly out of the woods. While we at EWI take pride in having prepared our subscribers, we take no pleasure in watching the devastation that this crisis has been causing. But it is here. And, probably like you and lots of other people, I keep asking myself these three questions...
Filed Under: foreclosures, subprime lending, liquidity, deflation, South Sea Bubble
Category: Stocks
By Peter Kendall
7/10/2008 2:45:00 PM
The chaos in housing is just the leading edge of a “great transformation,” one that extends beyond real estate to the larger economy and many aspects of our everyday lives. See this story about Fannie Mae's recent troubles.
Filed Under: Fannie Mae, housing prices, subprime lending
Category: Real Estate
By Nico Isaac
5/9/2008 4:45:00 PM
In many ways, the May 3 Kentucky Derby tragedy is not unlike the fateful events unfolding in the U.S. real estate market, otherwise known as the mournal Housing Race... The downfall of the housing bull, however, was not a "freak accident," unforeseeable until the damage was already done...
Filed Under: subprime lending
Category: Real Estate
By Editorial Staff
5/2/2008 4:15:00 PM
The big question that still remains about the demise of Bear Stearns is, how did its mortgage-backed securities lose their value so quickly? It's a question that Bob Prechter has pondered in a more general way for his best-selling business book, Conquer the Crash. In this excerpt, Bob carefully explains exactly how financial values can disappear.
Filed Under: Bear Stearns, subprime lending, Bear market, conquer the crash
Category: Classic Prechter
By Robert Folsom
3/13/2008 2:30:00 PM
Once upon a time, the U.S. government created the secondary mortgage market. (During FDR's New Deal, if you're dying to know). With help from the agency known as Fannie Mae, this government creation grew tall and strong. What's more, the government held a virtual monopoly over its creation for several decades -- and after all, the market was its creation....
Filed Under: credit crisis, Freddie Mac, great depression, recession, subprime lending, subprime lending, Wall Street
Category: U.S. Economy
By Robert Folsom
3/12/2008 5:15:00 PM
Amidst all the happy words and noises that followed yesterday's story that "Fed Offers $200 Billion Lifeline for Spurned Debt," most news accounts either failed to include or buried the truly relevant details. Looked at closely, the Fed's "Offer" of a "Lifeline" comes attached with the kind of terms you'd expect from a benevolent loan shark.
Filed Under: U.S. Federal Reserve (the Fed), U.S. Federal Reserve (the Fed), subprime lending, U.S. Treasuries
Category: U.S. Economy
By Robert Folsom
3/7/2008 5:15:00 PM
Yesterday I said that the Economist magazine had just published a favorable review of a book about the housing market crisis. The author is a respected financial journalist, and a thumbs up from a publication like the Economist suggests a book that deserves to be taken seriously. But consider these other quotes, specifically the "who" & "when" behind them...
Filed Under: Bear market, conquer the crash, deflation, U.S. Federal Reserve (the Fed), recession, subprime lending, subprime lending, Wall Street
Category: Real Estate