Every Big Economic Collapse Has a First Domino
When will the dominoes begin to tumble, or has it already begun?

By Bob Stokes
3/26/2013 4:45:00 PM

Financial history shows that every major credit boom is followed by a credit bust. The latest round of financial headlines remind us that unsustainable debt is crippling Europe. In the U.S., heavy debt burdens have put local and state governments in deep financial trouble. Federal debt rapidly approaches $17 trillion. What will be the first financial domino to fall?

Filed Under: 1929 Stock Market Crash, banks, Ben Bernanke, bloomberg, central banks, debt, economic indicators, Elliott wave, European debt crisis, gross domestic product (GDP), Interest Rates, monetary policy, quantitative easing, Robert Prechter, soverign debt crisis, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

$16 Trillion and Growing: A Mind-Blowing Perspective on U.S. Debt
National debt + deficit = Deflationary disaster

By Bob Stokes
10/15/2012 5:30:00 PM

The total amount of global debt, says Robert Prechter in a recent Theorist, is estimated to be around a quadrillion dollars. That's $1,000,000,000,000,000, or one-thousand trillion dollars. Is a day of reckoning ahead?

Filed Under: Ben Bernanke, central banks, conquer the crash, debt crisis, deficit, deflation, Elliott wave, gross domestic product (GDP), liquidity, Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

The Consequences of an Overdose on Financial Amphetamines
Prepare for what few other people expect

By Bob Stokes
10/1/2012 4:45:00 PM

In the decades since WWII, inflation has arguably been the main economic worry. That's a long time to beat the same economic drum. No wonder it's hard for people to think about...

Filed Under: Ben Bernanke, central banks, conquer the crash, deflation, economic depression, economic indicators, Elliott wave, inflation, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

The Financial Tsunami Headed To Shore Has Been Building for 80 Years
The size of the wave will surprise most everyone

By Bob Stokes
9/24/2012 4:45:00 PM

When forecasters warn "Move to higher ground!" it's not wise to think, "Until I see the tsunami, I won't believe it's coming." Once it's visible, it's probably too late. It's equally unwise to ignore signs of a financial tsunami...

Filed Under: 1929 Stock Market Crash, Ben Bernanke, conquer the crash, debt crisis, deflation, economic depression, economic indicators, Elliott wave, history, market crash, quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed), world central banks

Category: U.S. Economy

EUR/USD: What Does the Recent Euro Strength Mean for the U.S. Dollar?
Elliott Wave International's forex expert sheds some light on the dollar weakness.

By Vadim Pokhlebkin
9/17/2012 5:15:00 PM

Last week, the euro-dollar exchange rate, a.k.a. EUR/USD, went "through the roof" -- the roof being the $1.30 price level, that is. But it didn't stop there: On Friday, September 14, EUR/USD climbed as high as $1.3170. So I simply had to tap on the shoulder our resident forex expert, Jim Martens (who also edits our trader-focused Currency Specialty Service) and ask him what is going on.

Filed Under: Ben Bernanke, Elliott wave, euro, forex, monetary policy, quantitative easing, U.S. dollar

Category: Currencies

EUR/USD: Above $1.31
Draghi speaks, and the euro gains. Bernanke speaks -- and the euro gains again?

By Vadim Pokhlebkin
9/14/2012 7:45:00 PM

Here's a seeming paradox for you. When at the September 6 European Central Bank meeting the ECB President, Mario Draghi, repeated several times “the euro is irreversible” and pledged a new round of economic support for the European Union via an unlimited bond-buying program, the euro gained. So when...

Filed Under: Ben Bernanke, Elliott Wave Education, euro, european central bank, forex, quantitative easing, technical analysis, U.S. dollar

Category: Currencies

Bernanke's Bigger Bubble: QE-3 and the Coming Economic Crash
Why monetarist theory is flawed

By Bob Stokes
9/14/2012 5:30:00 PM

We've all heard the definition of insanity: doing the same thing over and over and expecting a different result. Why should we think QE-3 will work when the previous two failed? (Don't think they failed? Then ask yourself why we need a third one.) Monetary policy cannot make the global credit bubble simply vanish. Only a deflationary crash can do that. The chart below reveals why...

Filed Under: 1929 Stock Market Crash, Ben Bernanke, central banks, conquer the crash, credit crisis, credit rating, debt, deflation, economic depression, economic indicators, Elliott wave, Interest Rates, liquidity, monetary policy, quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

Gold Prices: Are All Bullish Systems A Go?
EWI’s Metals Specialty Service uses Elliott wave analysis to steer a clear course through gold’s near-term gyrations.

By Nico Isaac
9/4/2012 4:30:00 PM

On August 29, I discussed the very conflicted media reports surrounding the (then) upcoming Jackson Hole, Wyoming monetary policy meeting AND its expected impact on the near-term trend in gold prices. According to the mainstream financial experts, the Jackson Hole meeting was bearish for gold, bullish for gold, and completely irrelevant to gold.

Filed Under: Ben Bernanke, contracting triangle, Elliott wave, Gold, precious metals, U.S. Federal Reserve (the Fed)

Category: Gold and Silver

When Will the Fed Raise Interest Rates? When the Market Says So
The Federal Reserve Bank's interest rate policy is not as "independent" as most people think

By Vadim Pokhlebkin
8/30/2012 5:15:00 PM

You probably know what event dominates this week's U.S. economic calendar: the August 31 Federal Reserve chairman Ben Bernanke's speech at the policy meeting in Jackson Hole, Wyoming.

Filed Under: Ben Bernanke, monetary policy, Treasury bills (T-bills), Treasury bonds, treasury yields, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

Gold’s Next Big Move: The Jackson Hole Dilemma?
EWI’s Metals Specialty Service uses Elliott wave analysis to steer a clear course through gold’s near-term gyrations

By Nico Isaac
8/29/2012 4:30:00 PM

Gold prices gained over $80 per ounce between August 15 and August 27. And, according to the mainstream financial experts, the next big fundamental catalyst in gold’s pathway is the upcoming August 31-September 1 monetary policy meeting in Jackson Hole, Wyoming. But, while the usual experts have the WHAT nailed down, they’re not so clear about the HOW said meeting will alter the course of gold.

Filed Under: Ben Bernanke, Elliott wave, fundamental analysis, Gold, U.S. Federal Reserve (the Fed)

Category: Gold and Silver

EUR/USD: Keeping an Eye on What Really Matters
EUR/USD is sporting an Elliott wave pattern that has clear implications for the trend.

By Vadim Pokhlebkin
8/27/2012 7:15:00 PM

Forex traders are watching three upcoming events right now...

Filed Under: Ben Bernanke, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, forex, technical analysis, trade targets

Category: Currencies

What's a Central Bank To Do?
What if the ECB has an ace up its sleeve, and the next round of stimulus FINALLY does the trick?

By Vadim Pokhlebkin
8/1/2012 12:15:00 PM

With so much focus on the hopes of further economic stimuli by central banks, it's important to consider what difference (if any) the already HUGE amount of economic stimulus has made. Let's look at Europe.

Filed Under: AEX, Bank of England, Ben Bernanke, CAC40, DAX, diversification, Elliott wave, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, golden ratio, Interest Rates, International Monetary Fund (IMF), monetary policy, quantitative easing, Swiss Market Index (SMI)

Category: European Markets

Morphine-Injected Economy: Patient Remains Bed-Ridden
Position yourself properly for "a gigantic public disaster"

By Bob Stokes
7/27/2012 4:45:00 PM

Many people do not realize how long U.S. economic growth as been slowing. Moreover, this slowdown has a parallel to the lead-up to the Great Depression. Look at this chart...

Filed Under: Ben Bernanke, debt, deflation, economic depression, Federal Open Market Committee (FOMC), great depression, gross domestic product (GDP), Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

The Federal Reserve Has No Cure for What Ails the Economy
Learn why the credit crisis will inevitably conclude in a deflationary depression

By Bob Stokes
7/18/2012 3:30:00 PM

The Federal Reserve will not be able to prevent a global credit collapse. EWI's Financial Forecast Service offers ideas on how to position yourself. These are ideas you can put to work right away. The unprecedented build-up of credit in the past 80 years means the economic collapse could be swift. It's best to prepare now...

Filed Under: banks, Ben Bernanke, central banks, credit crisis, credit rating, debt, deficit, deflation, economic depression, economic indicators, Elliott wave, european central bank, European debt crisis, Federal Open Market Committee (FOMC), Greenspan, liquidity, M3 money supply, monetary policy, monetization, QE2, quantitative easing, Sovereign Debt, Treasury bonds, U.S. Federal Reserve (the Fed), unemployment

Category: U.S. Economy

S&P 500: Waiting for Bernanke (NOT)
"Triangles appear to reflect a balance of forces..."

By Vadim Pokhlebkin
7/17/2012 7:00:00 PM

This week's trading in U.S. stocks began with a slow, sideways move. Analysts explained why: The Fed Chairman Ben Bernanke is testifying before Congress on Tuesday and Wednesday. In Elliott wave analysis, there is a name for a sideway-moving market like that: a triangle. On Monday, July 16, here's what that sideways move in the S&P 500 looked like on a price chart.

Filed Under: Ben Bernanke, Dow Jones Industrial Average (DJIA), Elliott Wave trading, futures trading, Nasdaq Composite, S&P 500, trading lessons

Category: Stocks

Fed: 0% Interest Rates Through 2014 -- Maybe 2015. Bullish or Bearish for Stocks?
The answer is probably NOT what you are expecting

By Vadim Pokhlebkin
6/26/2012 5:15:00 PM

On January 25, Ben Bernanke said that the Fed's near-zero interest rate policy would be unchanged for another two years, through 2014. But now, reports The Wall Street Journal, ... recently revised projections from Fed officials have some economists guessing the Fed might decide to stick with its easy-money policy into 2015. Question: What does this mean for the stock market through 2014 -- or 2015?

Filed Under: Ben Bernanke, Bob Prechter, Dow Jones Industrial Average (DJIA), Elliott wave, Federal Open Market Committee (FOMC), Interest Rates, Nasdaq Composite, Robert Prechter, S&P 500, stock indexes

Category: Stocks

U.S. Financial System: Is It Finally Stable?
Bernanke comments raise questions about banks

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

Does Bernanke's Speech Mean the Risk Trade is On?
The Russell 2000: The smaller they are, the harder they fall?

By Bob Stokes
3/26/2012 4:15:00 PM

A look at the performance of small-capitalization stocks is one way to tell whether investors are in the mood for risk taking. See a revealing chart...

Filed Under: Ben Bernanke, quantitative easing, risk appetite, stock indexes, Traders

Category: Stocks

Gold and Silver Take A Flying Leap: Now What?
EWI's Metals Specialty Service uses Elliott wave analysis to reveal today what tomorrow's news will bring for gold and silver.

By Nico Isaac
3/1/2012 1:30:00 PM

February 29, 2012 was a calendar Leap Day. But for the world's biggest precious metal markets, it was Take-A-Flying-Leap-Off-the-Edge-Of-A-Cliff-Day. Gold prices ended the session $77 per ounce lower in their steepest single-day drop in six months. AND silver joined the rout with a near 7% nose-dive.

Filed Under: Ben Bernanke, Elliott wave, fundamental analysis, Gold, precious metals, silver, Elliott Wave trading

Category: Gold and Silver

Today and 1929: The Eerie Economic Similarity
Deflation and the real employment picture.

By Bob Stokes
2/7/2012 5:00:00 PM

Take note: there's an eerie similarity between what is developing economically today and what happened from 1929-1933...

Filed Under: 1929 Stock Market Crash, Ben Bernanke, deflation, economic depression, financial forecast, unemployment

Category: U.S. Economy

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Browse Recent Media Articles that Mention EWI or Feature EWI Analysts
As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.

Every Big Economic Collapse Has a First Domino When will the dominoes begin to tumble, or has it already begun?

$16 Trillion and Growing: A Mind-Blowing Perspective on U.S. Debt National debt + deficit = Deflationary disaster

The Consequences of an Overdose on Financial Amphetamines Prepare for what few other people expect

The Financial Tsunami Headed To Shore Has Been Building for 80 Years The size of the wave will surprise most everyone

EUR/USD: What Does the Recent Euro Strength Mean for the U.S. Dollar? Elliott Wave International's forex expert sheds some light on the dollar weakness.

EUR/USD: Above $1.31 Draghi speaks, and the euro gains. Bernanke speaks -- and the euro gains again?

Bernanke's Bigger Bubble: QE-3 and the Coming Economic Crash Why monetarist theory is flawed

Gold Prices: Are All Bullish Systems A Go? EWI’s Metals Specialty Service uses Elliott wave analysis to steer a clear course through gold’s near-term gyrations.

When Will the Fed Raise Interest Rates? When the Market Says So The Federal Reserve Bank's interest rate policy is not as "independent" as most people think

Gold’s Next Big Move: The Jackson Hole Dilemma? EWI’s Metals Specialty Service uses Elliott wave analysis to steer a clear course through gold’s near-term gyrations

EUR/USD: Keeping an Eye on What Really Matters EUR/USD is sporting an Elliott wave pattern that has clear implications for the trend.

What's a Central Bank To Do? What if the ECB has an ace up its sleeve, and the next round of stimulus FINALLY does the trick?

Morphine-Injected Economy: Patient Remains Bed-Ridden Position yourself properly for "a gigantic public disaster"

The Federal Reserve Has No Cure for What Ails the Economy Learn why the credit crisis will inevitably conclude in a deflationary depression

S&P 500: Waiting for Bernanke (NOT) "Triangles appear to reflect a balance of forces..."

Fed: 0% Interest Rates Through 2014 -- Maybe 2015. Bullish or Bearish for Stocks? The answer is probably NOT what you are expecting

U.S. Financial System: Is It Finally Stable? Bernanke comments raise questions about banks

Does Bernanke's Speech Mean the Risk Trade is On? The Russell 2000: The smaller they are, the harder they fall?

Gold and Silver Take A Flying Leap: Now What? EWI's Metals Specialty Service uses Elliott wave analysis to reveal today what tomorrow's news will bring for gold and silver.

Today and 1929: The Eerie Economic Similarity Deflation and the real employment picture.

Every Big Economic Collapse Has a First Domino
When will the dominoes begin to tumble, or has it already begun?

$16 Trillion and Growing: A Mind-Blowing Perspective on U.S. Debt
National debt + deficit = Deflationary disaster

The Consequences of an Overdose on Financial Amphetamines
Prepare for what few other people expect

The Financial Tsunami Headed To Shore Has Been Building for 80 Years
The size of the wave will surprise most everyone

EUR/USD: What Does the Recent Euro Strength Mean for the U.S. Dollar?
Elliott Wave International's forex expert sheds some light on the dollar weakness.

EUR/USD: Above $1.31
Draghi speaks, and the euro gains. Bernanke speaks -- and the euro gains again?

Bernanke's Bigger Bubble: QE-3 and the Coming Economic Crash
Why monetarist theory is flawed

Gold Prices: Are All Bullish Systems A Go?
EWI’s Metals Specialty Service uses Elliott wave analysis to steer a clear course through gold’s near-term gyrations.

When Will the Fed Raise Interest Rates? When the Market Says So
The Federal Reserve Bank's interest rate policy is not as "independent" as most people think

Gold’s Next Big Move: The Jackson Hole Dilemma?
EWI’s Metals Specialty Service uses Elliott wave analysis to steer a clear course through gold’s near-term gyrations

EUR/USD: Keeping an Eye on What Really Matters
EUR/USD is sporting an Elliott wave pattern that has clear implications for the trend.

What's a Central Bank To Do?
What if the ECB has an ace up its sleeve, and the next round of stimulus FINALLY does the trick?

Morphine-Injected Economy: Patient Remains Bed-Ridden
Position yourself properly for "a gigantic public disaster"

The Federal Reserve Has No Cure for What Ails the Economy
Learn why the credit crisis will inevitably conclude in a deflationary depression

S&P 500: Waiting for Bernanke (NOT)
"Triangles appear to reflect a balance of forces..."

Fed: 0% Interest Rates Through 2014 -- Maybe 2015. Bullish or Bearish for Stocks?
The answer is probably NOT what you are expecting

U.S. Financial System: Is It Finally Stable?
Bernanke comments raise questions about banks

Does Bernanke's Speech Mean the Risk Trade is On?
The Russell 2000: The smaller they are, the harder they fall?

Gold and Silver Take A Flying Leap: Now What?
EWI's Metals Specialty Service uses Elliott wave analysis to reveal today what tomorrow's news will bring for gold and silver.

Today and 1929: The Eerie Economic Similarity
Deflation and the real employment picture.