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VIDEO: Asian Stocks -- From Boom To Bust?
Is there a connection between angry public protests and stock market declines?

By Vadim Pokhlebkin
Fri, 27 Jun 2008 17:00:00 ET
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Asian stocks hit by oil, financial jitters – AFP, June 27
Asian stocks mixed as uncertainty creeps in -- ABS CBN News, June 26
Asian Stocks Fall on Accelerating Inflation, Record Oil Price – Bloomberg, June 27
 
This is just a tiny sample of the latest news headlines about Asian stocks markets. Asian stocks have been tumbling together with their American and European counterparts. But you may have noticed something else in recent stories from Asia – news of mass public protests. These are just some highlights:
 
  • Fuel-price protests in Thailand, India and Malaysia
  • U.S.-beef protests in Korea
  • Iraq-war protests in Australia, Japan, South Korea, Jakarta, Manila, Bangkok and Beijing. 
Is it a coincidence that these protests broke out at the same time when Asian, Australian and Indian stock markets have taken big hits? Not if you look at it from an Elliott wave perspective.
 
Watch this free video where Elliott Wave International Asian Equity Analyst Mark Galasiewski explains the connection between trends in stocks and angry protesters.
 
 

RISK-FREE OFFER
: Read the complete forecasts for Asian stocks online now,
inside the NEW July Issue of EWI's Asian Financial Forecast.
 
You'll discover updates on the following markets:
 
Japan’s Nikkei 225
  China’s Shanghai Composite
Hong Kong’s Hang Seng
  Singapore’s Straits Times Index
NEW! South Korea's KOSPI 200
  India's SENSEX
NEW! Taiwan's TAIEX
  Australia’s & New Zealand’s All Ordinaries
 
Plus, fascinating sections on…
 
  • How to use the stock prices of publicly-listed exchanges in Asia to forecast their related indexes.
  • What the recent divergence in Australia and New Zealand's stocks may mean for both.
  • What the violent stabbings of 17 people in downtown Tokyo may mean for the Nikkei 225.
  • What the recent anti-government protests in South Korea may mean for the KOSPI 200.
  • The relationship between outbreaks of avian influenza in Hong Kong and the Hang Seng.
  • Other valuable insights.  

Click here for more details on the July Asian Financial Forecast.

Tags: fuel price protests, us beef protest, iraq war protest, asian stocks

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