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Is This Eastern U.S. City Headed Toward Default?

Plus, look how much unfunded state and local pension liabilities have skyrocketed

by Bob Stokes
Updated: September 29, 2017

Many U.S. municipalities face a large and looming financial crisis. With the stock market's string of record highs getting most of the headlines, this next likely crisis will seem to arrive out of nowhere. Remember how the 2007-2009 financial crisis caught most everyone flat-footed? Find out what EWI analysts expect.

 

Heed the epic lesson of 2007-2009: The next economic crisis WILL catch most of your fellow investors off-guard.

Can you recall a single major Wall Street voice warning you to protect your portfolio BEFORE 2007 to 2009, when the biggest economic earthquake since the Great Depression shook the globe?

However -- less than one month before the October 2007 stock market top -- the September 2007 Ellliott Wave Theorist warned:

Investors should stay in the safest cash equivalents. There is a high probability that a financial crisis will expose weaknesses in overly leveraged banks.

THAT is how EWI helped subscribers prepare for the financial calamity that followed.

Discover what EWI's analysts are saying now by reviewing our Financial Forecast Service, risk-free for 30 days. For a limited time, you'll also receive the Investor Starter Pack ($247 value, FREE).


Elliott Wave International’s Financial Forecast Service

All month long, FFS shows you the patterns in U.S. stock indexes, bonds, gold, silver, the U.S. dollar, as well as market psychology and cultural trends. We show you where the trend is now, and when prices should turn -- specifically, we show the pattern at multiple degrees of trend, with precise risk/reward calculations. If you have fewer surprises, you can be better prepared.

Here’s how it works:

 

1

Subscribe now and read the current issues within FFS.


 

2

Fine-tune your portfolio plan.


 

3

Relax. Watch the markets with your targets in mind.




Your Financial Forecast Service Team Helps Put YOU in Control of the Market’s Trends and Turns


Your Financial Forecast Service guides -- three of the best-known market analysts in the world:

  1. 1. Robert Prechter, Author of 16 market-related books, New York Times Best-Selling Author and Editor of Elliott Wave Theorist
  2. 2. Steven Hochberg, Editor of the Short Term Update and Co-editor of The Elliott Wave Financial Forecast
  3. 3. Peter Kendall, Author of The Mania Chronicles and Co-editor of The Elliott Wave Financial Forecast

As featured in:



Here's what you get with the Financial Forecast Service


Every Month

At the end of each month, you get a 30-60 day look ahead at the markets. Elliott Wave Financial Forecast lays out expected trends and turns in stocks, gold, USD and bonds.

Three Days Per Week

At market close every Monday, Wednesday, and Friday, you get the Short Term Update, alerting you to what’s changed and what’s upcoming in the next several days.

Latest Research

Every month, Robert Prechter sends you his latest research about waves of social mood in the markets in the Elliott Wave Theorist, so you always know the full picture.

To welcome you to the world of Elliott waves, we've created a valuable bundle. It gives you the Financial Forecast Service plus $247 worth of essential starter resources at no additional cost. These essential resources are those that other investors have found most useful in quickly acclimating to the current market environment.

We call it the Investor Starter Pack.


Here's what you get in your Investor Starter Pack


Free Video on Market Forces from Robert Prechter

The Stock Market Is NOT Physics
Streaming Video | 37 min | $59 value


Does the news really move the markets? Watch Robert Prechter debunk the myth.

Prechter's Classic Rules--Free PDF

Money Making Rules for the Investor
PDF | 30 pages | $39 value


Prechter shows you his 6 rules to master your portfolio in make-or-break situations.

Free Video on the Wave Principle's Applicability

Understanding the Extraordinary Value of the Wave Principle
Streaming Video | 1 hour | $149 value

Prechter walks you through the most important market junctures since the Great Depression so you can see how valuable the Wave Principle can be when applied properly.

1 month of Financial Forecast Service PLUS your FREE Investor Starter Pack ($247 value).
Cost: $325 $59