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The Reality Is, We Have a Very Weak Economic Recovery
Let's take a closer look at the government's statistics

By Editorial Staff
3/24/2015 11:45:00 AM

For years, the U.S. government has been manipulating its unemployment statistics to line up with its claim that the economy has recovered strongly. Jim Clifton of Gallup finally couldn't stand it anymore and wrote a terrific op-ed on the subject. Take a look.

Filed Under: economic depression, gross domestic product (GDP), unemployment

Category: U.S. Economy

(Video, 4:17 min.) The Fed's Coming Rate Hike: The One "Little Indicator That Could"
Economic trends drive central banks' interest rate decisions less than you think -- see for yourself

By Vadim Pokhlebkin
3/19/2015 2:30:00 PM

No one knows for sure when the Fed will raise interest rates. Yet there is one indicator worth paying attention to, with a history of forecasting central banks' moves. See for yourself.

Filed Under: economic indicators, Elliott wave, Federal Open Market Committee (FOMC), forecasts, Interest Rates, U.S. Federal Reserve (the Fed), video, Video - Featured

Category: U.S. Economy

(Video, 4:15 min.) Deflation Watch: Key Economic Measures Turn South
A developing deflationary trend hinders the economic "recovery"

By Bob Stokes
3/18/2015 4:15:00 PM

Can the Federal Reserve stop deflation? Well, despite unprecedented stimulus, key economic measures have turned south. Take a look at these charts.

Filed Under: consumer price index, deflation, economic indicators, Elliott wave, video, Video - Featured

Category: U.S. Economy

(Video, 2:54 min.) Why Inflation Has Gone Missing
Central banks are no match for the developing trend of deflation

By Bob Stokes
3/9/2015 2:45:00 PM

U.S. inflation remains low despite the Federal Reserve's unprecedented policy of monetary easing. Global inflation is also subdued. See a major indicator that reflects worldwide economic weakness.

Filed Under: central banks, deflation, Elliott wave, inflation, U.S. Federal Reserve (the Fed), video, Video - Featured

Category: U.S. Economy

(Video, 3:14 min.) Small Businesses "Just Say No" to New Loans
Is a historic credit contraction about to begin?

By Bob Stokes
3/5/2015 3:15:00 PM

Since 1949, the amount of credit in our financial system has expanded dramatically. But a reversal appears to be in the making. Many merchants are rejecting credit even though it's almost free.

Filed Under: deflation, Elliott wave, video, Video - Featured

Category: U.S. Economy

(Video, 3:17 min.) What the Nosedive in U.S. Manufacturing Jobs Means
U.S. economy goes from "making things" to "financing things"

By Bob Stokes
3/3/2015 3:30:00 PM

Manufacturing jobs were the foundation of the U.S. economy. But since 1979, manufacturing jobs have been disappearing. We've gone from "making things" to "financing things." Learn why this is a harbinger of economic deterioration. 

Filed Under: economic indicators, Elliott wave, video, Video - Featured

Category: U.S. Economy

(Interview, 2:02 min.) Why Investing in Deflation Is So, SO Difficult (Part 3)
Elliott Wave International’s Chief Market Analyst offers his perspective on what you should be doing with your money right now

By Editorial Staff
3/2/2015 1:30:00 PM

In the third clip from Steve Hochberg’s recent interview with MarketWrap Radio, our Chief Market Analyst explains that in a deflationary environment, you shouldn't expect to get a return on your money. Instead... Well, listen.

Filed Under: deflation, Gold, interview, investment strategy, steve hochberg, video

Category: U.S. Economy

(Video, 3:42 min.) Public Pensions: No Longer Untouchable
The financial future looks uncertain for many retired government workers

By Bob Stokes
2/27/2015 3:30:00 PM

Many retirees could receive a smaller payout from their pension plans than they expect. Once considered out of the question, pension plan cuts are now on the table. One governor has just proposed a freeze on his state's pension plan.

Filed Under: Elliott wave, pension funds, U.S. STOCK MARKET, video, Video - Featured

Category: U.S. Economy

"Audit the Fed"? We've Already Done That (Well, Kind of)
Our conclusion: The Fed is not in control of the economy -- here's why

By Nico Isaac
2/26/2015 6:30:00 AM

The controversial "Audit the Fed" bill is soon before Congress. But, we at EWI have long since conducted our own "audit" of the Fed -- and the results might shock you.

Filed Under: bailouts, banks, Bob Prechter, central banks, charts, Club EWI, commodities, Conquer the Crash, credit crisis, crude oil, debt, debt crisis, deflation, Elliott wave, Elliott Wave Education, Elliott Wave Theorist, great depression, gross domestic product (GDP), inflation, Interest Rates, market myths, quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

(Interview, 5:08 min.) The Markets Are Bigger Than Central Banks (Part 2)
Elliott Wave International's Chief Market Analyst explains that it's not the cost of credit, it's the quantity of credit

By Editorial Staff
2/25/2015 11:45:00 AM

In part two (of three) from EWI's Chief Market Analyst Steve Hochberg's recent interview, Hochberg explains why the Fed and ECB don't really control the markets.

Filed Under: credit crisis, debt, deflation, interview, steve hochberg, video

Category: U.S. Economy

(Video, 3:50 min.) Another Looming Subprime Loan Crisis?
A new crop of nonbank lenders enter the subprime marketplace

By Bob Stokes
2/20/2015 4:15:00 PM

Subprime loans have reached the highest level since the start of the financial crisis. A new crop of nonbank lenders has entered the subprime marketplace. We've seen this movie before and it doesn't end well.

Filed Under: Elliott wave, subprime lending, video, Video - Featured

Category: U.S. Economy

(Interview, 2:49 min.) The "Good Deflation" Myth (Part 1)
Elliott Wave International's Steve Hochberg answers the one key question about deflation

By Editorial Staff
2/20/2015 3:45:00 PM

In this first (of three) clip from a recent interview, EWI's Chief Market Analyst, Steve Hochberg gives you our take on talk about the stock market and recent volatility.

Filed Under: deflation, Elliott wave, inflation, interview, steve hochberg, U.S. STOCK MARKET, video, volatility

Category: U.S. Economy

Autos Subprimed for a Fall
A big clue to this potential is the source of much of the industry's recent sales surge: debt.

By Steve Hochberg and Pete Kendall
2/19/2015 12:45:00 PM

With gas prices tumbling and car sales surging in December, analysts expect total vehicle sales to rise to 17 million units in 2015, close to the 17.3 million record in 2000. But here's a closer look.

Filed Under: economic indicators, subprime lending

Category: U.S. Economy

Why the Workforce Still Shrinks as Job Growth Rises
The answer, we think, is the emerging force of deflation. Here's why.

By Steve Hochberg and Pete Kendall
2/19/2015 12:45:00 PM

Why is the U.S. Labor Force Participation Rate falling when job growth is rising? Notice that the peak participation rate of 67.3% came in January-March 2000, as the major stock indexes topped, after which inflation first began to falter. When stocks rallied to their 2007 top...

Filed Under: deflation, economic depression, economic indicators, Elliott wave, inflation, steve hochberg, U.S. STOCK MARKET, unemployment

Category: U.S. Economy

Here's What's Wrong with the "Good" Deflation Argument
Deflation is more than just "low prices" -- so don't fall for the "good deflation" argument

By Steve Hochberg and Pete Kendall
2/17/2015 4:30:00 PM

Deflation is more than just "low prices." It's a decline in the supply of money (and credit) relative to goods and services. And history shows that deflationary episodes are invariably accompanied by comparable declines in equity, factory and retail prices.

Filed Under: consumer confidence, consumer spending, deflation, economic indicators, Elliott wave, housing prices, inflation, U.S. STOCK MARKET

Category: U.S. Economy

(Video, 2:53 min.) Cheap Gas: Where Did the Money Go?
There's been a shift in people's psychology, the main driver of trends in the economy and stock market

By Vadim Pokhlebkin
2/13/2015 5:30:00 PM

Remember how back in December, when crude oil fell below $50 a barrel for the first time in years, many analysts cheered -- and said that whatever the American public saves at the gas pump will go straight into the economy? Yeah, that's not happening.

Filed Under: consumer confidence, consumer credit, consumer spending, crude oil, debt, Elliott wave, Interest Rates, U.S. STOCK MARKET, video, Video - Featured

Category: U.S. Economy

(Video, 3:20 mins.) $200 Trillion Debt: The Next Crisis Trigger?
Worldwide debt today exceeds 2007

By Bob Stokes
2/9/2015 3:15:00 PM

Global financial stability is on shaky ground. A new McKinsey survey of 47 countries finds that debt levels are higher now than in 2007. Business debt has also reached a precarious extreme.

Filed Under: Conquer the Crash, debt, Elliott wave, video, Video - Featured

Category: U.S. Economy

(Video, 3:34 mins.) The "Big Lie" About the U.S. Jobs Picture
Some 30 million people are either out of work or severely underemployed

By Bob Stokes
2/5/2015 3:15:00 PM

Washington and Wall Street alike have celebrated the 5.6% U.S. jobless rate. But the CEO of a major polling organization says the official unemployment figure is a "big lie." U.S. workers face the emerging force of deflation.

Filed Under: Conquer the Crash, Elliott wave, unemployment, video, Video - Featured

Category: U.S. Economy

(Video, 3:12 mins.) Is Another "Mortgage Meltdown" on the Way?
Federal mortgage agencies cajole private lenders to lower credit standards

By Bob Stokes
1/30/2015 3:15:00 PM

Very few observers expect a repeat of the subprime mortgage crisis. But the former chief credit officer of Fannie Mae is sounding the alarm. We have a forecast of our own.


Filed Under: bloomberg, Elliott wave, housing prices

Category: U.S. Economy

Copper Hasn't Lost its Diagnostic Touch
Contrary to popular belief, the red metal's 45% sell-off since 2011 does match overall economic health

By Nico Isaac
1/21/2015 6:30:00 AM

Question: How does a crashing copper market fit into the mainstream's story of soaring economic growth and recovery? Answer: It doesn't...

Filed Under: Bear market, Bob Prechter, charts, commodities, copper futures, CRB index, deflation, Elliott wave, Elliott Wave Theorist, Gold, housing prices, precious metals, silver, U.S. STOCK MARKET

Category: U.S. Economy

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