The new science of socionomics takes hundreds of popular notions about mass psychology, culture and the stock market and stands them on their heads. This 2-book set will transform your understanding of how our society works. It will change the way you read the newspaper. It will even show you how to predict news trends months in advance. Learn for yourself the science of social prediction.
What drives social action? And can you predict it?
Bestselling author Robert Prechter gives a revolutionary answer in this compelling 2-book set.
Mood impels action. An increasingly positive social mood causes people to buy stocks and expand businesses... [while] an increasingly negative social mood causes people to sell stocks and contract businesses. ... Actions do not affect mood - it's the other way around.
These two books examine the historical correlation between shifts in social mood and their most sensitive register, the stock market. They also present you with engaging studies that relate social mood trends to music, sports, corporate culture, peace, war and the global economy.
This book introduces you to the new science of socionomics and shows you how history unfolds not as cycles, but as form-driven fractal waves. Learn a radical and bold application of the Wave Principle.
This book completely turns around the conventional direction of causality between financial markets and social moods and behaviors. Peruse more than 20 years of research into this new model of thought, the science of socionomics.
Robert Prechter began his professional career in 1975 as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York. He has been publishing The Elliott Wave Theorist since 1979 and is the president of Elliott Wave International. He is also Executive Director of the Socionomics Institute, which studies social mood and its impact on social action, including the stock market and the economy. Prechter has been named "one of the premier timers in stock market history" by Timer Digest, "the champion market forecaster" by Fortune magazine, "the world leader in Elliott wave interpretation" by The Securities Institute, and "the nation's foremost proponent of the Elliott wave method of forecasting" by The New York Times.