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Deflation Warning: Money Manager Startles Global Conference
History shows that the U.S. should pay attention to economies in Europe

By Bob Stokes
5/17/2013 3:45:00 PM

The economy has been sluggish for five years. There's no shortage of chatter about "why," yet few observers mention deflation. One exception is a hedge fund manager who spoke up at the recent Milken Institute Global Conference.

Filed Under: bloomberg, CNBC, deflation, economic indicators, Elliott wave, great depression, Robert Prechter

Category: U.S. Economy


Lenders and Borrowers "Just Say No" to New Credit
Why low interest rates are not stimulating the economy

By Bob Stokes
5/16/2013 4:30:00 PM

The desire of lenders to lend and of borrowers to borrow has shriveled dramatically. Interest rates have been historically low for years now, yet the economy is barely treading water. History shows that low interest rates are rarely bullish for the economy. Learn why.

Filed Under: conquer the crash, deflation, economic indicators, home sales, Interest Rates

Category: Interest Rates


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


The Growing Case for Global Deflation
Prepare for a major worldwide economic contraction.

By Bob Stokes
4/24/2013 4:30:00 PM

The evidence for global deflation continues to build. Consider the recent plunge in the prices of commodities and Treasury Inflation-Protected Securities (TIPS). Plus, the International Monetary Fund recently warned that ...

Filed Under: commodities, crude oil, deflation, economic indicators, Elliott wave, Gold, inflation, International Monetary Fund (IMF), silver, stock indexes, Treasury bonds

Category: Global Markets


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


How to Protect Your Physical Safety in a Bad Economy
What you don't know can hurt you.

By Bob Stokes
4/9/2013 4:45:00 PM

In a time of economic turmoil, what you know can be as important as what you have. Your possessions can decline in value or be lost altogether, but your knowledge cannot be taken away. You can use what you know to protect what you have. Evidence suggests that many Americans fail to grasp this basic truth. Staying ahead of the crowd begins by reading. As for what to read, few topics are as important as protecting your finances and your physical safety -- and that's what can matter most during a severe economic downturn.

Filed Under: conquer the crash, deflation, economic depression, Elliott wave, European debt crisis, safe haven, soverign debt crisis, stock indexes

Category: U.S. Economy


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


Why Even Federally Insured Bank Deposits Are At Risk
See the newly updated list of the safest U.S. banks

By Bob Stokes
3/19/2013 4:45:00 PM

Cyprus lawmakers voted against the European Union's proposed levy on personal bank accounts in Cyprus. Even so, bank runs in Cyprus may be unavoidable. Depositors in the U.S. can't help but wonder whether bank runs could happen here. It's true that the Federal Deposit Insurance Corporation guarantees U.S. bank accounts up to $250,000. Yet, during a time of severe bank stress, the FDIC's guarantee could actually make a bank crisis even worse. Learn why. Plus, find out how you can access a list of America's safest banks.

Filed Under: banks, Club EWI, conquer the crash, debt crisis, deflation, economic indicators, European debt crisis, Federal Deposit Insurance Corporation (FDIC), media, personal finance, risk management, Robert Prechter, safe banks, safe haven

Category: U.S. Economy


The Biggest Part of the Economy Could Be Headed for a Cool Down
Consumer confidence drops to its lowest level since December 2011

By Bob Stokes
3/15/2013 4:15:00 PM

If you notice fewer shoppers at the mall, fewer buyers on the car lot, fewer patrons at restaurants and fewer movie goers in coming days and months, don't be surprised. Why? The Thomson Reuters/University of Michigan preliminary sentiment index for March fell to its lowest level since December 2011. Learn what else the latest consumer sentiment data may suggest.

Filed Under: bloomberg, conquer the crash, consumer confidence, consumer spending, deflation, economic indicators, Elliott Wave Theorist, financial forecast, sentiment, social mood

Category: U.S. Economy


Why Your Life Insurance Company May Need Health Insurance
Learn what you can do to prepare

By Bob Stokes
3/13/2013 5:00:00 PM

In the second edition of Conquer the Crash, Robert Prechter writes: "Even traditionally safe insurance companies are massively exposed to losses during a major deflation because they invest in standard vehicles such as stocks, bonds and real estate. ... When insurance companies implode, they file for bankruptcy, and you can be left out in the cold. I know, because my insurance broker placed our insurance with ..."

Filed Under: all the same market theory, conquer the crash, deflation, Elliott wave, insurance industry, junk bonds, liquidity, personal finance, Robert Prechter, stock indexes

Category: U.S. Economy


As Home Equity Lines of Credit Surge, The Low-Interest Rate Trap is Set
Borrowers feel confident about the future

By Bob Stokes
3/12/2013 6:00:00 PM

Americans borrowed roughly $1-trillion against their homes in the decade leading up to the housing bubble burst. That dollar figure remains well above recent home equity loan levels, however, CNBC reports that home equity loans are expected to increase in 2013 as homeowners take advantage of low rates. Will a second wave of price declines in real estate come, just as most homeowners think the market has recovered from the first wave?

Filed Under: CNBC, commercial real estate, deflation, Elliott Wave Theorist, financial forecast, foreclosures, home sales, housing prices, Interest Rates, market forecasts

Category: Interest Rates


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


Investors in Student Loan Securities Take on Big Risk
The higher-education bubble is set to burst

By Bob Stokes
3/6/2013 5:30:00 PM

Despite the growing percentage of students who are behind on their loan payments, investor demand for the securities derived from student loans also continues to grow. This grab for yield will likely end badly. The eventual bursting of the student loan bubble will contribute to the larger deflationary trend.

Filed Under: bailouts, debt, deflation, financial forecast, Interest Rates

Category: U.S. Economy


A Real-Time Montage of a Developing Global Deflation
Is the global economy headed for the German economic experience of 1928-1932?

By Bob Stokes
3/1/2013 5:45:00 PM

There's mounting evidence that deflationary forces are at work in the global economy. However, many financial observers remain focused on elevated equity prices and inflation. EWI's Global Market Perspective points to Germany's 1929-1932 economic experience as an example of what global economies could soon face. Get the full real-time economic story as it unfolds in the Asian-Pacific, Europe and the United States.

Filed Under: 1929 Stock Market Crash, Bank of Japan, CNBC, conquer the crash, deflation, economic indicators, eurozone, inflation, recession, Walmart

Category: Global Markets


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


Europe: The Epicenter of a Global Economic Earthquake
Will economic optimism be dashed once again?

By Bob Stokes
2/22/2013 4:45:00 PM

A big economic story can go underreported for only so long. Eventually it will show up in mainstream news headlines – a likely case in point is the euro zone's developing deflationary trend. The evidence suggests that Europe could be the epicenter of the next global economic earthquake.

Filed Under: bailouts, brian whitmer, deflation, economic depression, economic indicators, Elliott wave, european central bank, European debt crisis, European Union (EU), eurozone, Robert Prechter, world central banks

Category: Global Markets


Global Deflation: Protect Your Wealth from What the Majority Do Not Expect
Shield your wealth before trusted facilities close their doors

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

Last month the economy of the United States unexpectedly shrank by 0.1% in the fourth quarter. Deflationary forces are affecting more than just the American markets. In fact, they're even stronger across the pond. The euro zone's accelerating economic contraction should serve as a warning sign to anyone who believes the global economy is on the road to recovery. Opportunities to protect your wealth will close shut once a deflationary trend is well underway. Learn how to access safe storage facilities for your assets.

Filed Under: 1929 Stock Market Crash, all the same market theory, currency, deflation, European debt crisis, eurozone, great depression, gross domestic product (GDP), history, Robert Prechter, safe haven, Sovereign Debt

Category: Global Markets


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


Little to Show for the $3 Trillion Federal Reserve Balance Sheet
The U.S. central bank's bond-buying spree has merely kept the economy running in place

By Bob Stokes
2/5/2013 5:30:00 PM

The Federal Reserve's aggressive bond buying has caused the central bank's balance sheet to balloon to $3 trillion for the first time. But for all of its quantitative easing initiatives, the economy remains fragile. Three economic professionals share a sobering outlook for the economy that's similar to the warnings in the second edition of Conquer the Crash.

Filed Under: Bob Prechter, central banks, CNBC, conquer the crash, deflation, economic indicators, Elliott wave, Federal Open Market Committee (FOMC), U.S. Federal Reserve (the Fed)

Category: U.S. Economy


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