Can The Fed Rebuild The US Housing Market?
Robert Prechter's latest Elliott Wave Theorist shows you compelling evidence on whether the wait for a housing recovery is almost over
By Nico Isaac
1/23/2012 5:30:00 PM
As the leading US economists look ahead to the future, they see one glaring obstacle standing in the way to lasting recovery: the still, defunct real estate market. And, according to many mainstream experts, there is one surefire way to turn the housing sector around: government stimulus, stimulus, and more stimulus.
Filed Under: central banks, home sales, housing prices, Interest Rates, prechter, Robert Prechter, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, Wall Street
Category: Real Estate
By Editorial Staff
1/10/2012 10:45:00 AM
Many people think that government intervention in the credit markets will cause major inflation. It's a complex issue to understand, but perhaps this analogy will help clarify what has really been happening.
Filed Under: banks, central banks, consumer credit, credit crisis, debt, debt crisis, debt, deflation, Elliott Wave Theorist, hyperinflation, inflation, Robert Prechter, safe haven, U.S., deflation, inflation, prechter
Category: U.S. Economy
By Bob Stokes
12/6/2011 5:15:00 PM
Even though the economy remains weak, the Fed has not announced additional quantitative easing. Has the central bank reached its monetary and political limit?...
Filed Under: banks, central banks, deflation, inflation, monetary policy, monetization, quantitative easing, social mood, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
12/1/2011 5:15:00 PM
Could anything like 1929-1933 really happen again? Make up your own mind as you read the latest Elliott Wave Theorist risk-free. Fully 50% of the issue is devoted to describing the similarities between today and 1929-1933...
Filed Under: 1929 Stock Market Crash, central banks, Elliott Wave Theorist, European debt crisis, market forecasts, Robert Prechter, U.S. Federal Reserve (the Fed)
Category: Stocks
By Nico Isaac
11/30/2011 4:45:00 PM
For weeks on end, the European debt crisis has seemed like an all-eyes-on-the-asteroid hurtling toward earth. It appeared to get closer by the day; but no one could say if the asteroid would burn up mid-air, or crash into the global economy surface and annihilate the financial world as we know it. BUT on Wednesday November 30, the round-the-clock Euro death watch suddenly stopped. European stock markets rocketed to a one-week high, led by a stellar 4%-plus rally in the bellwether Euro Stoxx 50 index.
Filed Under: central banks, debt crisis, euro stoxx 50, europe, European debt crisis, european markets
Category: European Markets
By Bob Stokes
11/30/2011 4:30:00 PM
Fifteen major U.S. and European banks were just downgraded by Standard & Poor's. Please consider this insightful excerpt from a recent Elliott Wave Theorist titled, "The Coming Worldwide Bank run"...
Filed Under: bailouts, central banks, Club EWI, credit crisis, debt downgrade, european central bank, European debt crisis, liquidity, Robert Prechter, soverign debt crisis, stimulus package
Category: U.S. Economy
By Bob Stokes
11/16/2011 4:45:00 PM
Is this the point where Bernanke can no longer use Fed policy to "inflate at will"? Well, Robert Prechter says something "momentous" happened on September 21, 2011...
Filed Under: Ben Bernanke, central banks, deflation, inflation, monetary policy, QE2, quantitative easing, Robert Prechter, stimulus package, Treasury bonds, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
10/28/2011 4:30:00 PM
Stories of her frugality are legendary: she traveled in an old carriage, bought broken cookies in bulk because they were less expensive, and reportedly spent half a night looking for a lost two cent stamp. But the most extreme example of her pathological stinginess relates to...
Filed Under: Ben Bernanke, Robert Prechter, central banks, deflation, history, monetary policy, stimulus package, Troubled Asset Relief Program (TARP), U.S. Federal Reserve (the Fed), Wall Street
Category: U.S. Economy
By Bob Stokes
10/10/2011 5:15:00 PM
Many people still talk about a "recovery," or at worst only see a possible double-dip recession. But what if the mistake was to think the economy was only in a recession in the first place?...
Filed Under: Bank of England, Ben Bernanke, central banks, debt crisis, deflation, economic depression, great depression, Treasury bonds, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
Will The Fed's "Operation Twist" Turn The Economy Around?
Why is Ben Bernanke's goal lower interest rates when EWI's Short Term Update's chart shows that 10-year bond yields are already at a five-decade low?
By Nico Isaac
9/20/2011 3:30:00 PM
Get out your dancing shoes, cuz this Wednesday (September 21) the Federal Reserve Bank is widely expected to "do the twist" -- "Operation Twist,"that is. The strategy (named for the Chubby Checker tune), was first introduced in the 1960s as a tried -- and failed -- method of using monetary policy to turn (or twist) the yield curve in a favorable, i.e. economic growth-inducing, direction.
Filed Under: Bernanke, central banks, credit crisis, debt, Elliott wave, Robert Prechter, Short Term Update, Treasury bonds, U.S. Federal Reserve (the Fed), U.S. Treasuries
Category: U.S. Economy
By Vadim Pokhlebkin
8/25/2011 1:45:00 PM
On August 24, as gold was falling to its biggest one-day loss in 31 years, one headline said, "DJIA Wobbles, VIX Gains as Uncertainty Rises" -- which raises the question: If gold is supposed to be the ultimate hedge against "uncertainty," how come it's falling when uncertainty is rising? Something strange is going on with gold -- if you go along with the conventional perspective, that is. But then there's the Elliott wave perspective...
Filed Under: central banks, Elliott wave, Gold, gold futures, Robert Prechter, risk appetite, safe haven
Category: Gold and Silver
By Bob Stokes
8/17/2011 11:15:00 AM
While he "stared down" that financial crisis, even J.P. Morgan would be no match for today's national debt. In 1907, the Wall Street legend gathered New York City's biggest bankers into his office and demanded that they had 10 minutes to...
Filed Under: central banks, conquer the crash, economic depression, history, monetary policy, New York Stock Exchange (NYSE), quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
8/5/2011 5:00:00 PM
External resistance to the Fed's policies is one thing. But the machinations of America's central bank are also encountering resistance from within the Fed itself, albeit "behind closed doors"...
Filed Under: Ben Bernanke, Robert Prechter, central banks, Elliott Wave Theorist, Greenspan, QE2, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
8/2/2011 5:45:00 PM
During the past few years, the federal government followed Keynes' script by trying virtually everything it could to fix our weak economy. And what did we get in return?...
Filed Under: bailouts, central banks, Federal Deposit Insurance Corporation (FDIC), gross domestic product (GDP), monetary policy, quantitative easing, Robert Prechter, stimulus package
Category: U.S. Economy
By Bob Stokes
7/26/2011 5:15:00 PM
As European bailouts become "politically questionable" and the Federal Reserve continues to lose credibility, what's next for the economies of Europe and the United States?...
Filed Under: bailouts, Ben Bernanke, central banks, debt crisis, european central bank, European debt crisis, European Union (EU), Robert Prechter, U.S. Federal Reserve (the Fed)
Category: Global Markets
By Bob Stokes
7/22/2011 2:45:00 PM
Some in the financial media argue that QE2 worked because the Fed has prevented a Japanese-like deflation. But is inflation alive and well? Keep the above chart in mind as you read...
Filed Under: Ben Bernanke, central banks, deflation, monetary policy, QE2, quantitative easing, Robert Prechter, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Vadim Pokhlebkin
6/28/2011 5:15:00 PM
You may remember the event that dominated last week's U.S. economic calendar: the June 22 Federal Reserve's interest rates announcement followed by Ben Bernanke's press-conference. In a credit-based economy that revolves around lending and borrowing, interest rates are a hugely important component of the overall economic picture. So it's no wonder that Wall Street and Main Street both pay close attention to the Fed's interest rates decisions. But the fact is that the Fed is no more in charge of interest rates than it is of the weather. See this chart...
Filed Under: Ben Bernanke, central banks, Federal Open Market Committee (FOMC), monetary policy, Robert Prechter, stimulus package, Treasury bills (T-bills), Treasury bonds, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Nathaniel Williams
6/24/2011 1:15:00 PM
EWI's Pete Kendall recently spoke with radio host Gabriel Wisdom, and the two discussed a crucial but rarely-asked question about economists and the Federal Reserve. Pete's startling comments flatly contradict conventional wisdom. But what do the facts say?
Filed Under: Campaign for Independent Thinking, central banks, market forecasts, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Nathaniel Williams
6/14/2011 3:45:00 PM
The mainstream financial media almost always make the Fed out to be a group of all-powerful market magicians. This characterization isn't new. But is it accurate? For just one example, let's take a trip back to 1999...
Filed Under: Ben Bernanke, Campaign for Independent Thinking, central banks, Greenspan, market manipulation, real Dow, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
Money in the Bank: Does It Still Mean "Safe and Sound?"
Elliott Wave International's free report "Discover the Top 100 Safest U.S. Banks" explains the true risk that you may face when a bank fails.
By Hope Welborn
6/8/2011 3:15:00 PM
Some economists claim we're in a recovery, yet hundreds of smaller financial institutions still suffer from the debt crisis that began a few years back.
Filed Under: Robert Prechter, central banks, Club EWI, conquer the crash, Federal Deposit Insurance Corporation (FDIC), foreclosures, housing prices, liquidity, personal finance, recession, unemployment
Category: Classic Prechter