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Debt Crisis 2.0, Forecasts for the U.S. Dollar & More

Episode 79

Updated: June 22, 2017

As the amount of household debt rises, so does the risk of another financial crisis. Learn why the next debt implosion could be bigger than the one 10 years ago. Next up, our Currency Pro Service editor gives you his outlook for the dollar. Our last feature lays out evidence that shows economic news impacts the stock market less than you may think.

Show Notes:

Features in this episode include:

Debt Crisis 2.0: How the Pieces are Falling into Place
"We're looking at two stories in the U.S. dollar right now"
How Applying "Cause and Effect" Ideas to the Stock Market Can Cost You

Since the mid-1990s, the only significant pullback in the uptrend [of outstanding credit card balances in the UK] occurred from May 2005 to July 2009, as the real estate downturn generated the biggest financial crisis since the Great Depression. By January 2011, though, outstanding credit card balances had pushed to a new all-time high, and the trend has been up ever since. -- June 2017 Elliott Wave Financial Forecast

Much of the time, the trends are allied, but if physics reigned in this realm, they would always be allied. They aren't. The fourth quarter of 1987 saw the strongest GDP quarter in a 15-year span (from 1984 through 1999). That was also the biggest down quarter in stock prices for the entire period. Action in the economy did not produce reaction in stocks. The four-year period from March 1976 to March 1980 had not a single down quarter of GDP and included the biggest single positive quarter for 20 years on either side. Yet the DJIA lost 25 percent of its value during that period. Had you known the economic figures in advance and believed that financial laws are the same as physical laws, you would have bought stocks in both cases. You would have lost a lot of money. -- The Elliott Wave Theorist

Elliott Wave Weekly

With our Elliott Wave Weekly podcast, you'll get a roundup of the best market insights and Elliott wave analysis from interviews, presentations and webinars with our researchers and analysts at Elliott Wave International. And, best of all, you can download or listen online (it's free).

Alexandra Lienhard is the host of the popular podcast Elliott Wave Weekly. She is also the Chief Correspondent for ElliottWaveTV, a channel dedicated to providing the latest information from key Elliott Wave Analysts. Alexandra has been working with Elliott Wave International since 2009. Before that she worked for CNN in their Atlanta headquarters and on their entertainment desk in Los Angeles. Alexandra graduated from the University of Southern California with degrees in Broadcast Journalism and Business.