By Bob Stokes
4/27/2012 4:00:00 PM
Shortly after the fourteenth European debt crisis summit concluded and there was an "extraordinary shift from negativity to optimism," the November 2011 Global Market Perspective flatly said "The current level of unpayable debt is too big to bail." Yet financial journalists and many of the economists they interview have been busy talking about rising markets and recovering economies. Some were even saying that Europe's debt crisis was "under control." It seems not...
Filed Under: debt downgrade, European debt crisis, european markets, European Union (EU), eurozone, Greek debt, International Monetary Fund (IMF), Short Term Update, soverign debt crisis
Category: European Markets
By Bob Stokes
3/22/2012 6:00:00 PM
Our Financial Forecast has said for years that the bailouts and the European Union itself would come to grief, even as other observers were optimistic. Here's a case in point...
Filed Under: Club EWI, euro, euro stoxx 50, european central bank, European debt crisis, European Union (EU), eurozone, financial forecast, International Monetary Fund (IMF)
Category: U.S. Economy
By Bob Stokes
5/5/2011 5:15:00 PM
But after the bailouts of Greece and Ireland, the rally in Europe's bourses seemed like a "pause" button on the sovereign debt crisis. In reality, the "play" button was never turned off...
Filed Under: bailouts, credit crisis, credit default swaps, european central bank, European Union (EU), eurozone, Greek debt, International Monetary Fund (IMF), Irish debt crisis
Category: Global Markets
By Vadim Pokhlebkin
5/4/2011 5:30:00 PM
Please read these financial news headlines and then take a guess as to when they were published...
Filed Under: bull market, buy and hold, credit crisis, Elliott wave, housing prices, International Monetary Fund (IMF), nonfarm payrolls, U.S. Federal Reserve (the Fed), U.S. Treasuries, unemployment
Category: Stocks
By Vadim Pokhlebkin
4/21/2011 2:15:00 PM
You may have noticed that crude oil's recent rally has been rocky. Prices suffered a big setback in early March, when oil lost 10%. More losses came last week, when on April 11 and 12 crude fell from near $113 to $106 a barrel. Here's how some of the mainstream energy market analysts explained that recent decline...
Filed Under: crude oil, Elliott wave, International Monetary Fund (IMF), supply and demand
Category: Energy
By Bob Stokes
2/18/2011 5:30:00 PM
So the question becomes: Is U.S. manufacturing data so influential that within only a few days time, it totally trumps the worries over Europe's debt problems? "No" is the obvious answer. A new 32-minute webinar recording about Europe analyzes what is really driving European market trends...
Filed Under: Bank of England, CAC40, DAX, euro, euro stoxx 50, eurozone, euro/USD exchange rate, european central bank, European Union (EU), eurozone, FTSE, International Monetary Fund (IMF), Irish debt crisis
Category: European Markets
By Bob Stokes
2/9/2011 5:00:00 PM
In fact, some parts of Africa have been growing faster than the much ballyhooed growth-rate of China! Read about the economic forecast for the "forgotten continent"...
Filed Under: Chinese markets, Elliott Wave Principle, International Monetary Fund (IMF), Shanghai Composite Index
Category: Global Markets
By Vadim Pokhlebkin
12/21/2010 11:30:00 AM
After Moody's recent downgrade of Ireland's credit rating and a fresh warning about Portugal's rating being placed "on review" for a possible downgrade, it's clear that the euro zone credit crisis is not over. For a different perspective on Europe's credit crunch, we invite you to read this free report by Elliott Wave International's European Financial Forecast editor Brian Whitmer.
Filed Under: credit crisis, credit crisis, credit rating, Elliott Wave Principle, euro, euro stoxx 50, eurozone, european central bank, European Union (EU), eurozone, International Monetary Fund (IMF), Irish debt crisis, Irish debt crisis, Sovereign Debt
Category: European Markets
By Bob Stokes
5/11/2010 12:15:00 PM
We at Elliott Wave International believe the only way the global credit bubble will be resolved is by "paying the piper" -- in other words, the "accounting books" must be completely balanced. This is quite different than IOUs on top of IOUs, which is essentially Europe's latest plan of attack.
Filed Under: european central bank, U.S. dollar, euro, International Monetary Fund (IMF), euro/USD exchange rate
Category: European Markets
Europe On The Ropes: Financial Punches Fly
The markets are signaling that political approval for bailout is in jeopardy, says EWI's European editor.
By Bob Stokes
5/6/2010 2:30:00 PM
The International Monetary Fund is still slated to offer Greece assistance, but will it be enough? Can Greece count on help from European neighbors? You can try and answer that question using Elliott wave analysis. The editor of EWI's European Short Term Update Chris Carolan shows you how.
Filed Under: euro, International Monetary Fund (IMF), Robert Prechter
Category: European Markets
By Vadim Pokhlebkin
8/20/2008 8:45:00 PM
By claiming that there is a "negative loop between the financial system and the broader economy," the International Monetary Fund is essentially saying that we will be stuck in this bear market forever – literally. Think about it...
Filed Under: International Monetary Fund (IMF), liquidity
Category: U.S. Economy