Last week, the Federal Reserve left interest rates unchanged.
What does it mean for the stock market?
You'll find some very surprising answers in our new, September Elliott Wave Theorist. Over 10 pages and 13 charts, the new Theorist examines the Fed's recent decisions and market reactions -- to bring you to some eye-opening conclusions.
You'll also learn whether or not the Fed and its global counterparts -- the European Central Bank, Bank of England and Reserve Bank of Australia -- control interest rates in the first place.
As the new Theorist puts it, "Time to adopt a new perspective."
If a picture is worth 1000 words, imagine what you'll learn from these 13 charts.
Small investors have grown apathetic toward the stock market. On the other hand, institutional investors like hedge funds are extremely bullish. There's a parallel in market history.
Today, there are over 10 trillion dollars' worth of so-called negative yield bonds in the world. These bonds don't pay you a dime; no -- you, the buyer, pay the issuer. In other words, with a negative yield bond, you are guaranteed to lose money. Crazy? You could say that again. But, because bonds are "guaranteed investments," there is one interesting caveat...
In part 2 of this in-depth interview with Wayne Gorman, he tells you why he approaches the Elliott Wave Principle as a science -- and why that makes analyzing and forecasting the markets more exciting.