By Bob Stokes
11/15/2011 5:15:00 PM
A big bet on European sovereign debt was the undoing of MF Global. Our latest Financial Forecast says "...Europe is the epicenter of the credit crisis," and observes that "The current level of unpayable debt is too big to bail." It's reasonable to believe that many more financial shoes will drop. What do we see just ahead?...
Filed Under: bailouts, conquer the crash, credit crisis, credit default swaps, credit rating, debt crisis, debt downgrade, economic depression, European debt crisis, European Union (EU), eurozone, Robert Prechter, soverign debt crisis
Category: U.S. Economy
By Bob Stokes
11/8/2011 5:30:00 PM
The latest Financial Forecast states: "While Europe is the epicenter of the credit crisis, the situation in the U.S. is hurtling toward the same type of abyss..." The recently published issue goes on to reveal the thought-provoking analysis behind that statement...
Filed Under: conquer the crash, credit crisis, credit rating, debt crisis, debt downgrade, Greek debt, soverign debt crisis
Category: U.S. Economy
EUR/USD: Higher or Lower?
There is more identifying the trend in forex than a “good” or “bad” news story
By Vadim Pokhlebkin
10/18/2011 2:30:00 PM
The reason for the latest leg of the EUR/USD decline is said to be Moody's warning that France may lose its Aaa credit rating. This news might have you think bearish -- bearish on the euro, bullish on the dollar, that is -- but first, take a look at this October 17 EUR/USD chart and analysis from EWI’s forex-focused Currency Specialty Service...
Filed Under: credit rating, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, European debt crisis, forex, forex trading, U.S. dollar
Category: Currencies
By Bob Stokes
9/27/2011 5:15:00 PM
What about the safety and stability of the banking system? The September Elliott Wave Theorist states...
Filed Under: conquer the crash, credit rating, municipal bonds, Robert Prechter, banks
Category: U.S. Economy
Gold: Surefire Safe-haven OR "Dangerous Territory"?
Latest intraday forecasts from EWI's Metals Specialty Service reveal why gold's price action now warrants extreme caution
By Nico Isaac
8/9/2011 11:45:00 AM
Over the past few days, the financial world has been wrought with turmoil and turbulence. According to many the mainstream experts, one safe haven from the chaos is gold.
Filed Under: credit rating, Dow Jones Industrial Average (DJIA), Elliott Wave trading, gold futures, safe haven, volatility
Category: Gold and Silver
By Bob Stokes
8/8/2011 4:45:00 PM
The financially "unexpected" is fast moving toward the "unthinkable." Brace yourself for...
Filed Under: Robert Prechter, conquer the crash, credit rating, debt ceiling, debt crisis, soverign debt crisis
Category: U.S. Economy
By Bob Stokes
6/30/2011 4:15:00 PM
The build-up of credit in our financial system is beyond rare; it's unprecedented in at least the past 100 years of U.S. history. See the chart...
Filed Under: consumer credit, credit crisis, credit rating, deflation, Elliott Wave Theorist, great depression, gross domestic product (GDP), history, monetary policy, Robert Prechter, safe haven
Category: U.S. Economy
By Bob Stokes
6/21/2011 5:15:00 PM
Will the financial crisis spread from "peripheral" Europe to "core" Europe? Is that the "next phase" of Europe's debt crisis?...
Filed Under: bailouts, credit crisis, credit rating, european central bank, European Union (EU), eurozone, Greek debt, Irish debt crisis, soverign debt crisis
Category: European Markets
By Bob Stokes
6/15/2011 5:15:00 PM
Well before the current round of headlines about the sovereign debt crisis -- our European Short Term Update forecasted higher yields for some debt plagued European countries. See how one of those forecasts turned out...
Filed Under: credit default swaps, credit rating, Elliott wave, european central bank, European Union (EU), eurozone, Irish debt crisis, Keltner channels, market forecasts, Sovereign Debt, soverign debt crisis
Category: European Markets
By Bob Stokes
6/7/2011 4:45:00 PM
America obviously has a debt crisis of its own. This is not to say the U.S. is currently in the same dire financial straits as Greece, etc. -- or that America's economic future will unfold in the same manner. Yet...
Filed Under: bailouts, credit crisis, credit rating, deficit, deflation, European Union (EU), Greek debt, Irish debt crisis, Sovereign Debt
Category: U.S. Economy
U.S. Dollar: Is This Finally "Curtains" for the Buck?
The U.S. credit outlook is negative, fiscal imbalances are out of control. But the dollar knows how to surprise
By Vadim Pokhlebkin
4/25/2011 1:45:00 PM
When on April 18 the Standard & Poor's ratings agency downgraded the U.S. credit outlook to negative, the U.S. dollar didn't immediately crash -- it actually gained that day. That surprised a lot of people...
Filed Under: credit crisis, credit rating, euro, euro/USD exchange rate, european central bank, inflation, U.S. dollar, U.S. Federal Reserve (the Fed), Elliott Wave trading
Category: Currencies
By Bob Stokes
4/20/2011 2:45:00 PM
Many astute historians and economists have for years warned of the dangers of America's debt and deficit. And politicians have kicked the can down the road the whole time. But now, a major credit rating agency just downgraded the credit outlook for the United States of America. Learn what we see ahead...
Filed Under: credit crisis, credit rating, gross domestic product (GDP), Robert Prechter
Category: U.S. Economy
By Vadim Pokhlebkin
4/19/2011 6:15:00 PM
On April 18, the Standard & Poor's ratings agency downgraded the U.S. credit outlook to negative. Too much bickering among the U.S. policymakers about the country's future fiscal course, they said. The U.S. dollar, of course, promptly collapsed following the announcement (and gold shot straight to the moon). Well, not exactly...
Filed Under: credit rating, euro, forex trading, investor psychology, safe haven, U.S. dollar
Category: Currencies
By Bob Stokes
1/12/2011 8:15:00 PM
It happened during a time in our history when real estate values had soared, and states were spending like there was no tomorrow. But tomorrow came. Could states default again?...
Filed Under: bailouts, credit rating, economic depression, pension funds
Category: U.S. Economy
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
7/30/2010 4:45:00 PM
Obviously the federal government can use its power to tax to collect more money. But rising unemployment and falling consumption already mean less revenue for Uncle Sam. At the same time, debt is piling up...
Filed Under: Elliott Wave Principle, credit rating
Category: U.S. Economy
By Editorial Staff
4/7/2010 1:30:00 PM
Can you imagine a scenario under which precious metal and Treasury bond prices would fall together? Most people would think such an event would be impossible. Yet look at this chart and realize that gold and T-bonds have been going up together for an entire decade...
Filed Under: U.S. Treasuries, Robert Prechter, credit rating, gold futures, silver futures
Category: Gold and Silver
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, Ambac, credit rating
Category: U.S. Economy