In this fascinating lecture delivered to a standing-room-only audience at the London School of Economics in 2004, Robert Prechter reveals compelling evidence in support of socionomic theory. Prechter presents his arguments with the aid of 75 charts and other illustrations to explain the origin of trends in the stock market, economic production, presidential elections, domestic and international conflicts, demographics, innovations and popular culture.
Robert Prechter has described several times in stunning detail the theory that reveals the true cause-and-effect of financial and social behavior. A field of study he coined as socionomics.
Prechter began developing this idea in the 1970s and started presenting it to academic audiences in 1997. In 2004, when students of the London School of Economics and Political Science invited him to come to their campus to speak, we took that opportunity to film his presentation. In it, he condenses three decades of research into a two-hour presentation that anyone can follow and understand.
Prechter's presentation will bring a unique clarity to the way you look at financial markets. History will become relevant to you in a way it never has before. Attendees agreed: they will never read the news the same way again.
Give yourself the chance to make sense of the swirl of financial and social events going on around you.
Robert Prechter began his professional career in 1975 as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York. He has been publishing The Elliott Wave Theorist since 1979 and is the president of Elliott Wave International. He is also Executive Director of the Socionomics Institute, which studies social mood and its impact on social action, including the stock market and the economy.