Prechter: "I'd Love to Turn Long-Term Bullish Again"
The next buying opportunity is going to be the one of a lifetime.

By Bob Stokes
4/17/2013 4:45:00 PM

Hindsight shows that Robert Prechter's August 1983 then-radical forecast of a "once-in-a-generation money-making opportunity" did happen. Yet that was a two-part forecast, so this question remains: Is the "biggest financial catastrophe" that Prechter foresaw still unfolding, or has the Fed confined the damage to the 2007-2009 financial crisis?

Filed Under: all the same market theory, Bear market, bull market, consumer confidence, consumer price index, deflation, Elliott Wave Theorist, Gold, Robert Prechter, soverign debt crisis, U.S. STOCK MARKET, unemployment

Category: Classic Prechter

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An Epic Economic Trend Change is Underway
Persistent economic weakness sends a message.

By Bob Stokes
4/15/2013 6:15:00 PM

The earlier you spot a market trend, the more likely you can benefit from it. Is there an emerging economic trend in its early stages today? From the evidence, it appears so. Call it a seismic shift in the entire U.S. economy. Despite the evidence, most economic observers still do not expect what is about to swiftly unfold.

Filed Under: bloomberg, CNBC, conquer the crash, consumer confidence, consumer price index, consumer spending, deflation, economic depression, economic indicators, Elliott wave, gross domestic product (GDP), Interest Rates, recession, supply and demand, unemployment

Category: U.S. Economy

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Suburban Poverty Up Nearly 64%
If this is an economic recovery, what will the next contraction look like?

By Bob Stokes
3/25/2013 4:45:00 PM

New research shows that poverty has spread faster in the suburbs than the inner city. Many Americans still haven't recovered from the real estate bust. Unemployment and under-employment remain historically high. Robert Prechter writes, "The Fed is doing everything it can to try to keep the credit balloon inflated. But it’s failing, because the markets and the economy are certainly not zooming, despite all the QEs and 0% interest rates." In the new Elliott Wave Theorist, you'll find 11 charts. Six of them, accompanied by Prechter's unique commentary, show why Americans should brace themselves for a major change in the economy.

Filed Under: CNBC, debt, deflation, economic indicators, Elliott wave, foreclosures, housing prices, Interest Rates, liquidity, personal finance, quantitative easing, Robert Prechter, stimulus package, U.S. STOCK MARKET, unemployment

Category: U.S. Economy

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Use Your Imagination to Prosper During an Economic Downturn
Which job skills will be in strong demand during an economic storm?

By Bob Stokes
3/21/2013 5:30:00 PM

You can prosper during an economic downturn by using your imagination. In the second edition of Conquer the Crash, Robert Prechter writes: "If you have a choice of employment, try to think about which job will best weather the coming financial and economic storm. ... If you are entrepreneurial, start thinking of ways to serve people in a depression so that you will prosper in it. ... Think about what people will need when times get hard."

Filed Under: economic indicators, Elliott Wave Theorist, financial forecast, history, Robert Prechter, unemployment

Category: U.S. Economy

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Labor Force Participation Rate Falls to 32-Year Low
The 7.7% jobless number doesn't tell the whole story

By Bob Stokes
3/8/2013 6:30:00 PM

The Labor Department's just-released 7.7% February jobless number just tells one side of the U.S. unemployment story. Another side seems to be downplayed: the decline in the labor force participation rate. There's yet another way of viewing America's jobs picture. Learn what that is, plus find out how you can prosper during the likely economic contraction ahead.

Filed Under: CNBC, conquer the crash, deflation, economic indicators, Elliott Wave Theorist, unemployment

Category: U.S. Economy

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EURUSD: Story of the Week
Elliott waves in forex markets keep warning you of important trend changes

By Vadim Pokhlebkin
3/1/2013 3:45:00 PM

 

Filed Under: consumer confidence, Elections, Elliott wave, Elliott Wave trading, europe, eurozone, Fibonacci, forex, forex trading, fundamental analysis, gross domestic product (GDP), home sales, housing prices, technical analysis, technical indicators, U.S. dollar, unemployment

Category: Currencies

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To Get a Job in This Economy, Go the Extra 10 Miles
How an 18-year-old got a job offer he didn't even apply for

By Bob Stokes
2/27/2013 4:00:00 PM

The U.S. jobless rate is 7.8%. And the U.S. Bureau of Labor Statistics reports that the January 2013 unemployment rate of 18- and 19-year-old men is a whopping 23.7%. The candidates with the best chances of landing jobs in a tough economy are those determined to go the extra mile – or more. Are you prepared to survive and prosper if the economy and jobs market get worse?

Filed Under: conquer the crash, deflation, economic indicators, great depression, history, unemployment

Category: U.S. Economy

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The Key Factor That Leads Directly to an Economic Depression
Stock market action leads the economy

By Bob Stokes
2/7/2013 4:15:00 PM

Some argue that trends like mounting debt and an ever-widening deficit will trigger a depression. Others say it can happen if the Federal Reserve aggressively raises rates. Then again, the culprit might be chronically high unemployment or plunging home prices. In truth, however, the correct answer is ...

Filed Under: Bob Prechter, CNBC, deficit, deflation, economic depression, economic indicators, Elliott wave, great depression, Interest Rates, recession, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, unemployment

Category: U.S. Economy

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Higher Education: A New Bubble Chapter in the History Books
The education deflation has just started

By Bob Stokes
1/11/2013 3:30:00 PM

Today's higher-education bubble started when attending college became the rule instead of the exception. These days it's common to see magazine cover headlines like "The 25 Best Universities" or other types of university rankings. All the while, tuition costs have soared, and so has the availability of federal student loans. Now there's evidence that a remarkable sea change may be underway.

Filed Under: all the same market theory, debt crisis, deflation, economic depression, Elliott wave, financial forecast, history, long-term trend, mania, unemployment

Category: U.S. Economy

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Why Conventional Stock Analysts Stumble When They Look to the Economy

By Bob Stokes
1/9/2013 5:00:00 PM

It's futile to use the jobless number, gross domestic product, home sales, factory orders, corporate earnings, consumer spending -- or any other economic indicator -- to forecast stocks. Learn why.

Filed Under: Bob Prechter, earnings, economic indicators, Elliott wave, fundamental analysis, gross domestic product (GDP), home sales, housing prices, market forecasts, social mood, unemployment

Category: U.S. Economy

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A Surprising Look Inside America's Pay Envelopes
A downward trend in real U.S. average hourly earnings has just started

By Bob Stokes
12/20/2012 5:30:00 PM

Bob Prechter wrote a book on how to prepare for the unfolding deflationary trend. Conquer the Crash is now in its second edition, and is even more applicable now than when it was first published. In the months ahead, millions of workers will likely see shrinking wages. Many will not even receive a paycheck. Read what Prechter wrote.
 

Filed Under: Bob Prechter, conquer the crash, deflation, economic indicators, Elliott wave, great depression, inflation, unemployment

Category: U.S. Economy

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Wall Street Is Tied to the Whipping Post, And the Lashing Has Only Begun
Public hostility toward the financial sector will likely grow

By Bob Stokes
10/3/2012 5:15:00 PM

Wall Street is being punched, probed and pink-slipped: Nearly four years into the economic "recovery," tens of thousands of people employed in the financial sector are still being shown the door.

Filed Under: banks, economic indicators, Elliott wave, unemployment, Wall Street

Category: U.S. Economy

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Economic Gloom or Recovery? 5 Signs That One is Ahead
The economy has never really recovered since the 2007-2009 financial crisis

By Bob Stokes
9/19/2012 4:45:00 PM

The "Great Recession" never ended. A more accurate way of describing the state of the economy is the onset of "depression." You can learn the exact year that EWI believes the economy will bottom...

Filed Under: deflation, economic depression, economic indicators, Elliott wave, housing prices, recession, unemployment

Category: U.S. Economy

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Prechter's Elections Paper Climbs SSRN Rankings
Socionomics is gaining more attention

By Clifford Smith
8/21/2012 4:00:00 PM

Filed Under: Bob Prechter, gross domestic product (GDP), history, inflation, social mood, socionomics, U.S. STOCK MARKET, unemployment

Category: Socionomics

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Why Jobless Lines Will Likely Grow Longer
A sign of the unemployment picture ahead

By Bob Stokes
8/3/2012 3:15:00 PM

Unemployment has been above 8% for 41 consecutive months. That's a record long time. In the past month alone, some 150,000 people have simply stopped looking for work. And the trend is no more encouraging for people still sending out resumes. What does Elliott Wave International see ahead? EWI believes the economy could be headed into unchartered territory...

Filed Under: deflation, economic depression, economic indicators, Elliott wave, unemployment

Category: U.S. Economy

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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

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Strike a Blow for Independence with EWI's Forecasts
Do YOU hear the beat of a different drummer?

By Susan C. Walker
7/3/2012 2:15:00 PM

Do you think you hear the beat of a different drummer? On this Independence Day, declare your own independence from the usual bullish financial analysis. Come have a look at what Elliott wave analysis has to say.

Filed Under: all the same market theory, credit crisis, Dow Jones Industrial Average (DJIA), europe, financial forecast, real Dow, unemployment

Category: Stocks

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Strange Recovery
Is it strange in here, or is it just...strange?

By Vadim Pokhlebkin
5/1/2012 4:00:00 PM

Something doesn't feel right. Look at this:

Filed Under: Bob Prechter, consumer confidence, earnings, Elliott wave, home sales, Robert Prechter, S&P 500, social mood, unemployment

Category: U.S. Economy

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Stocks "Down on Bad Jobs Report"? This Chart Shows You the Facts
The real reason for the decline is a shift in investor psychology

By Vadim Pokhlebkin
4/9/2012 5:30:00 PM

Stocks fell lower as this week began, and observers in unison blamed last Friday's weak U.S. jobs report. Don't fall for this argument. All you need is one look at this DJIA chart over the past week to see what's really going on.

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Nasdaq Composite, S&P 500, unemployment

Category: Stocks

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Eurozone Unemployment Hits Record High. So Why Is the Euro So Strong?
EUR/USD has been rising despite the euro's "bearish fundamentals" -- but for how long?

By Vadim Pokhlebkin
4/3/2012 2:30:00 PM

Here's a paradox for you. On Monday (April 2), unemployment in the 17 euro nations reached a record high of 10.8% -- highest ever since the euro was introduced in 1999. Reports say eurozone manufacturing activity had fallen to a 3-month low. The words "Eurozone recession" are being muttered. Meanwhile, the latest U.S. employment and manufacturing reports have been strong. You'd think the euro would be crushed -- but no. Why? 

Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, unemployment

Category: Currencies

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