Elliott Wave InternationalmyEWISocioniomics.Net

(Interview, 4:12 min.) Swiss National Bank Didn't "Choose" Anything -- Market Chose for Them
Elliott Wave International's European Financial Forecast editor explains why the SNB cried uncle

By Editorial Staff
2/19/2015 3:45:00 PM

Here, EWI's European analyst, Brian Whitmer, tells you why the Swiss National Bank really decided to unpeg the Swiss franc from the euro -- and offers his take on when the "domino effect" from the decision will end.

Filed Under: Brian Whitmer, europe, european central bank, European debt crisis, european markets, interview, Swiss franc, video

Category: European Markets

My Big Fat Greek Stalemate
And why bailouts 1 and 2 failed to jumpstart the Athens Composite Index in the first place

By Nico Isaac
2/11/2015 2:15:00 PM

Cue radical claim: Bailouts are not bullish for Greek stocks. Moreover, they actually helped us confirm early on that Greek stocks had entered a bear market.

Filed Under: bailouts, Bear market, charts, debt, Elliott wave, euro, europe, European debt crisis, european markets, eurozone, financial forecast, Greek debt, International Monetary Fund (IMF)

Category: European Markets

(Video) The Leaning Tower of Europe's Economy
Two amazing charts show you how interest rate cuts and government bailouts have failed to prop up the pillars of economic growth

By Nico Isaac
6/2/2014 5:15:00 PM

In 2008, Europe's economy came crashing down. Ever since, the EU's monetary engineers have been trying to stabilize the sinking consumer foundation and sliding banking sector. Yet, take a look at these two charts.

Filed Under: bailouts, Bank of England, banks, charts, consumer price index, europe, european central bank, European debt crisis, european markets, eurozone, Interest Rates, video

Category: European Markets

(Video) EU Banks: “Stress Test”? Here’s the Toughest “Test” Yet
Psst: You don't have to wait until October to find out if European banks passed THIS “stress test”

By Nico Isaac
5/6/2014 3:45:00 PM

Five years after sovereign Debtzilla wreaked holy havoc on Europe's financial sector, is it finally safe to reinvest? Are -- as so many mainstream pundits would have you believe -- Euro banks the ultimate recovery play?

Filed Under: banks, europe, European debt crisis, european markets, European Union (EU), eurozone, financial forecast, video, Video - Featured, Video - FRUP

Category: European Markets

One Sentiment Gauge in Europe Reaches Epic Proportion
A visual history of complacency and fear as seen by the 10-year spread over German Bunds

By Nico Isaac
4/24/2014 2:00:00 PM

You never truly prepare for the worst until you experience it first-hand. Then, and only then, do you go above and beyond to protect your health and welfare. Nowhere is this more apparent than in the world of finance. Here is a real-world example...

Filed Under: Elliott wave, euro, europe, European debt crisis, european markets, eurozone, financial forecast, forecasts, risk appetite, sentiment

Category: European Markets

(Video) Why Europe’s Consumer Recovery Story is Just an Illusion
And “the man behind the curtain” is the European Central Bank

By Nico Isaac
4/14/2014 4:00:00 PM

Human mind is made of pliable stuff, willing to bend -- and believe the impossible. How many people believe, for instance, that monetary policy can reverse the course of economic decline -- even though no such power is actually proven to exist?

Filed Under: bailouts, eu, euro, european central bank, European debt crisis, european markets, European Union (EU), eurozone, Interest Rates, video, Video - Featured

Category: European Markets

(Video) The Crisis in Ukraine: What’s Next?
Social mood is another term for the shared inclination of a society. The conflict between Russia and Ukraine is a dramatic example of social mood in action.

By Vadim Pokhlebkin
3/3/2014 4:30:00 PM

For 3 years, Russia’s stock market has been drifting lower. Here is why that’s important to the ongoing conflict between Ukraine and Russia.

Filed Under: authoritarianism, Bear market, debt crisis, deflation, Elliott wave, emerging markets, europe, European debt crisis, european markets, European Union (EU), eurozone, investment strategy, social mood, video, Video - Featured

Category: European Markets

Rome: Will Italy's "Eternal City" Go Bankrupt?
"Rome has wasted money for decades"

By Bob Stokes
2/28/2014 6:15:00 PM

The last time Rome, Italy faced financial collapse was during the days of Nero. Now, some 2000 years later, the Eternal City stares at the possibility of bankruptcy. However, the financial alarm bells are also ringing in other parts of Europe. 

Filed Under: Brian Whitmer, Elliott wave, European debt crisis, European Union (EU)

Category: European Markets

Should You Count on Ireland's Comeback? See This Chart First
The European Financial Forecast tells you whether Ireland's rebound is a symbol of success -- or of complacency

By Nathaniel Williams
1/9/2014 2:15:00 PM

Not that long ago, Ireland was an epicenter of Europe's debt crisis. Now, it is hailed as a symbol of success. But are things in Ireland really that rosy?

Filed Under: Brian Whitmer, European debt crisis, european markets, European Union (EU), eurozone, Irish debt crisis

Category: European Markets

The Chart Shows Why European Central Bank Is Losing Fight with Deflation
Greece reports highest deflation since monthly records began – and there is more to the story

By Bob Stokes
12/31/2013 3:45:00 PM

The European Central Bank recently slashed its main refinancing rate, but almost no one wants the virtually free money. See a chart that shows the failure of the ECB's cheap credit policy.

Filed Under: deflation, economic depression, Elliott wave, european central bank, European debt crisis, Greek debt, soverign debt crisis

Category: European Markets

Protect Your Portfolio from European Sovereign Debt
The SafeWealth Group offers secure physical storage

By Bob Stokes
12/9/2013 4:15:00 PM

Europe's major banks have loaded up on sovereign debt. This will not end well. Take steps to prepare for Europe's next debt crisis.

Filed Under: banks, Conquer the Crash, European debt crisis, personal finance, risk management, Robert Prechter, safe banks, safe haven, Sovereign Debt

Category: European Markets

U.S. Bank Depositors: Pay Attention to Fragile European Banks
European Union bank depositors may face losses in 2015

By Bob Stokes
11/15/2013 4:00:00 PM

The European Union's debt crisis persists as the Continent's finance ministers grapple about what to do with the EU's fragile banks. Bank depositors in Europe could face losses in 2015. U.S. bank depositors will do well to pay attention and prepare.

Filed Under: banks, Elliott wave, European debt crisis, European Union (EU), Robert Prechter, Sovereign Debt

Category: U.S. Economy

Deflation Soon to Grab Attention in the European Union
Four European nation's show a long slide in consumer prices

By Bob Stokes
11/6/2013 1:15:00 PM

Europe's lack of respect for deflation will soon be transformed into rapt attention. Inflation is already at its lowest level since November 2009.

Filed Under: deflation, Elliott wave, European debt crisis, eurozone

Category: European Markets

Eurozone's Descent Down the Financial Rabbit Hole
European Union business activity disappoints in October

By Bob Stokes
10/24/2013 5:30:00 PM

Disappointing business activity and falling tax receipts are just two economic factors that dog the European Union's growth prospects. See two charts that help explain Europe's slide into deflation.

Filed Under: debt, deflation, Elliott wave, European debt crisis, eurozone

Category: European Markets

Eurozone Deflation: Ignore At Your Own Risk?
Deflation manifests as a contraction in the amount of outstanding debt

By Bob Stokes
9/26/2013 3:00:00 PM

Elliott Wave International believes that the next financial crisis will be more severe than what occurred from 2007 to 2009, and, indeed, could surpass the severity of the Great Depression. Learn why a chart that shows the European Union's rate of total credit growth is a warning sign.

Filed Under: 1929 Stock Market Crash, banks, credit crisis, deflation, Elliott wave, European debt crisis, European Union (EU), eurozone, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

Deflation Will Take the Majority by Surprise
Google searches offer an insightful glimpse into economic expectations

By Bob Stokes
7/23/2013 5:30:00 PM

The last thing on the minds of most people is deflation. It’s easy enough to determine that with a quick quiz -- and that quiz is found in the just-published Elliott Wave Theorist. In this July-August Theorist, Robert Prechter uses Google searches to make a point about deflation. Here's what those searches reveal ...

Filed Under: deflation, economic indicators, Elliott wave, European debt crisis, inflation, Robert Prechter, unemployment

Category: U.S. Economy

The June Funk in Europe's Junk Bond Market
How our analysis prepared for the selloff.

By Nico Isaac
7/15/2013 5:45:00 PM

Q1 of 2013. At the time, investor interest in all things high-yielding was moving at a swifter clip than Stephen Strasburg's fastball. But then came June. Europe's junk bond market strikes out as high-yield bond issuance goes from a record inflow to a record outflow. And, the cost of insuring European corporate bonds against losses embarks on a five-week-long uptrend -- its longest rising streak in two years.


Filed Under: europe, european central bank, European debt crisis, european markets, eurozone, Greek debt, junk bonds, world central banks

Category: European Markets

Major Contractions Coming to an Economy Near You
The IMF revises downward its global economic growth outlook – we’re not surprised

By Bob Stokes
7/10/2013 5:30:00 PM

All the king’s horses and all the king’s men – and all the financial stimulus by governments around the globe -- appear to be falling short of the hoped-for results, namely, robust economic growth. A recent International Monetary Fund downward revision of world economic growth is no surprise to Elliott Wave International. Learn why you can expect more downward revisions in the months ahead.

Filed Under: Bank of Japan, central banks, Chinese markets, deflation, economic indicators, Elliott wave, European debt crisis, european markets, International Monetary Fund (IMF), quantitative easing, Shanghai Composite Index, Sovereign Debt, U.S. STOCK MARKET

Category: Global Markets

Growing Debt Accelerates Worldwide Economic Contraction
Big asset manager calls for 60% chance of global recession in the next 3-5 years.

By Bob Stokes
6/12/2013 4:30:00 PM

A big asset management firm says recessions come about every six years, and global debt has increased since the recession that began in 2007. So the firm has raised its estimate of a worldwide recession to over 60% in the next 3-5 years. But much of the world already appears to be facing economic challenges. Robert Prechter argues that "recession" is not the right word to describe the state of the global economy.

Filed Under: Bank of Japan, BRIC, CNBC, credit crisis, economic depression, economic indicators, Elliott wave, emerging markets, European debt crisis, Indian markets, liquidity, Robert Prechter, Shanghai Composite Index, Sovereign Debt, Wall Street, world central banks

Category: Global Markets

Cyprus Banking Bailout: Costs Rise, Heads Roll
The officials and experts who didn't see the crisis coming were supposed to prevent it in the first place.

By Nico Isaac
4/16/2013 5:00:00 PM

The cost of the Cyprus bailout seems to get bigger every week. It has gone from 10€ to 17€ and now to 23€ billion euros. What's more, recent reports say the island nation will need a bigger bake sale to raise the necessary funds to foot the growing bill. On April 12, rumors swirled that the European Central Bank will force Cyprus to liquidate half-a-billion dollars of its gold reserves.

Filed Under: bailouts, banks, central banks, europe, european central bank, European debt crisis, eurozone, financial forecast

Category: European Markets

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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.