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Consumer Confidence Hits a 6-Year High: Bullish for Stocks?
Why, of course it is! But please read on to understand why it's a trick question.

By Vadim Pokhlebkin
5/17/2013 4:15:00 PM

To decipher the meaning of economic reports like consumer confidence is the bread and butter of "fundamental" analysis. Inevitably, positive data are supposedly bullish for the stock market, while negative economic reports are bearish. But is this accurate? What a strange question, you may say -- of course it is! Stocks don't fall after good reports, or rise after bad ones...do they? Well, take a look at these financial news headlines and guess when they were published...

Filed Under: Bob Prechter, bull market, buy and hold, consumer confidence, consumer price index, consumer spending, Elliott wave, market forecasts, U.S. Federal Reserve (the Fed)

Category: Stocks

America's Economic Engine Heads for an Overhaul
The economy continues to sputter.

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

Nothing short of a complete overhaul will get the U.S. economic engine purring again. The financial mechanics have been trying to get that engine firing on all cylinders for five years now. They've used every tool at their disposal. Yet the engine continues to sputter. There appears to be only one fix.

Filed Under: bloomberg, conquer the crash, consumer confidence, consumer price index, consumer spending, debt, deflation, economic depression, economic indicators, Elliott wave, monetary policy, monetization, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

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

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

Why Much Bigger Bargains May Be Ahead for Consumers
Consumer confidence is at a 4 1/2-year high

By Bob Stokes
11/29/2012 5:00:00 PM

A look at the past five years of consumer survey data reveals that the two most extreme readings came near financial turning points. Now consider that the latest consumer confidence index figure is at a 4 1/2-year high.

Filed Under: conquer the crash, consumer price index, consumer spending, debt, deflation, economic indicators, Elliott wave, Robert Prechter, sentiment, supply and demand

Category: U.S. Economy

Mutiny on the U.S.S. Borrow and Spend: Why No Captain Can Save This Economic Ship
The downward spiral of deflation has started

By Bob Stokes
8/23/2012 5:15:00 PM

The evidence suggests that a rare deflationary spiral has started. And the end of this process is far from over, regardless of whether the Federal Reserve initiates another round of bond buying or quantitative easing (QE3). Moreover, learn why "another disaster for taxpayers" may be just around the corner...

Filed Under: conquer the crash, consumer price index, consumer spending, debt crisis, deflation, economic depression, economic indicators, Elliott wave, home sales, quantitative easing, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

Is a Real-Life "Breakfast at Tiffany's" Around the Corner?
Will luxury shoppers turn into Holly Golightlys?

By Bob Stokes
11/25/2011 12:30:00 PM

The trip from prosperity to hard times can be shockingly brief. Only a few city blocks separate Fifth Avenue and the South Bronx...

Filed Under: consumer price index, consumer spending, investor psychology, sentiment

Category: U.S. Economy

Has Inflation Taken Hold? Let's Take a Closer Look
Inflation vs. Deflation

By Bob Stokes
5/3/2011 5:30:00 PM

Gas and food costs appear to be such a persuasive argument for inflation that it's easy to overlook other economic data -- such as...

Filed Under: consumer price index, consumer spending, deflation, foreclosures, inflation

Category: U.S. Economy

Love of Luxury: When Have We Seen This Before?
Forgetting There Ever was a "Financial Crisis"

By Bob Stokes
2/10/2011 5:15:00 PM

So what happened to the "Great Recession?" Has the economy suddenly "turned around?" Can you even have a "turn around" when housing prices are still in decline and unemployment is still high?  What can explain the increased demand for luxury items?  Here's what...

Filed Under: consumer confidence, consumer price index, Dow Jones Industrial Average (DJIA), Elliott Wave Principle, New York Stock Exchange (NYSE), recession, sentiment, social mood, supply and demand

Category: U.S. Economy

Where Is "Hyperinflation"?
"If the inflationists’ arguments were correct, we should be in a hyperinflationary mode right now," says EWI's president Robert Prechter.

By Vadim Pokhlebkin
7/8/2010 1:30:00 PM

You may have already heard and read several of Robert Prechter's recent media interviews -- but this one really goes in-depth. On June 19, Prechter spent an hour answering questions from Jim Puplava of Financial Sense Newshour. The full 20-page transcript of the interview is available now, free, to all Club EWI members. Look below this excerpt for details on free instant access.

Filed Under: Robert Prechter, U.S. Federal Reserve (the Fed), monetization, M3 money supply, consumer price index, gold futures, platinum futures, silver futures, inflation

Category: Deflation

Precious Insights Into The Precious Metal... Gold

By Nico Isaac
6/21/2010 6:15:00 PM

Right now, there are more players aboard the gold bandwagon than passengers inside a rush-hour subway car. Doors open and out steps white collar to blue collar; advisors to academics; day traders to buy-and-holders; brokers, economists, barbers, and little old ladies with bags of broken jewelry for sale.

Filed Under: gold futures, Robert Prechter, M3 money supply, consumer price index, inflation, deflation, silver futures

Category: Gold and Silver

Paradox: Spotty Fundamentals, Rising Stocks?
Want to hear the answer that explains this paradox?

By Vadim Pokhlebkin
8/4/2009 4:30:00 PM

If you've followed the stock markets in recent months, you may have asked yourself the same question a reader sent to EWI's Message Board: "With all the bad news, how can investor sentiment become positive and push the markets up like it has been?" Here is a radical answer...

Filed Under: fundamental analysis, social mood, socionomics, consumer price index

Category: Stocks

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