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Could The U.S. Lose Its AAA Status?
P.S. Those three letters mean diddlysquat…

by Nico Isaac
7/11/2008 5:45:00 PM
On Friday, July 11, the pandemonium surrounding Fannie Mae and Freddie Mac’s fall from financial grace prompted some panic-stricken citizens to ask the most dreaded of all questions: If the U.S. government is forced to bailout the flailing mortgage giants, will the leader of the free world lose its coveted AAA status? 
Filed Under: Fannie Mae, Freddie Mac, AAA status, enron, Ambac, MBIA, credit rating
Category: Economy


Two Precursors of What Deflation Might Look Like

by Editorial Staff
3/18/2008 5:00:00 PM

The coming deflation needs to be swift enough to out-run the actions of the Fed and Congress. If it happens fast, they won’t be able to act quickly enough to turn the credit deflation into a currency inflation before the former trend has run its course. Take a good, long look at the chart. This might turn out to be the profile of the stock averages when the big capitulation hits….

Filed Under: Fed, MBIA
Category: Classic Prechter


Rating Services: Safety In Letters?
Time and again, the top-notch Rating Services of Wall Street do not see the real value of a corporation until it's too late.

by Nico Isaac
3/3/2008 5:15:00 PM

According to Wall Street, well-established rating services are to corporations what Roger Ebert is to cinema. Two thumbs up or AAA -- it's all the same. Or is it? Time and again, the hired prognosticators do not "see" the real value of a company until its completely obvious to everyone else. By then, it's too late...

Filed Under: Moody's, enron, AAA rating, investment grade, subprime bonds, conquer the crash, Ambac, MBIA
Category: Economy


Watch Bob Prechter's interview on CNBC Wednesday, Nov. 4. Bob discusses the current juncture, Conquer the Crash II and more.
Robert Prechter on CNBC
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> Do you know of any mutual funds that use Elliott wave analysis? 
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> Prechter's new Theorist: What event can start the next crash in the Dow? 
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.