An Economic Earthquake Shakes U.S. Municipalities
"California dreaming" turns into a Golden State nightmare

By Bob Stokes
5/20/2013 5:15:00 PM

Municipalities have borrowed and spent for decades. A substantial number are going broke. The economic earthquake at the state and local level is part of an even larger seismic shift.

Filed Under: debt crisis, deflation, economic indicators, Elliott wave, housing prices, municipal bonds, Robert Prechter

Category: U.S. Economy

---

Has the European Central Bank Defeated the Sovereign Debt Crisis Once and For All?
A three-paneled chart reveals whether the critical precondition for recovery, consumer borrowing, is underway in Europe.

By Nico Isaac
3/21/2013 5:15:00 PM

Filed Under: central banks, debt crisis, euro, europe, european central bank, European debt crisis, european markets, eurozone, liquidity, soverign debt crisis

Category: European Markets

---

Why Even Federally Insured Bank Deposits Are At Risk
See the newly updated list of the safest U.S. banks

By Bob Stokes
3/19/2013 4:45:00 PM

Cyprus lawmakers voted against the European Union's proposed levy on personal bank accounts in Cyprus. Even so, bank runs in Cyprus may be unavoidable. Depositors in the U.S. can't help but wonder whether bank runs could happen here. It's true that the Federal Deposit Insurance Corporation guarantees U.S. bank accounts up to $250,000. Yet, during a time of severe bank stress, the FDIC's guarantee could actually make a bank crisis even worse. Learn why. Plus, find out how you can access a list of America's safest banks.

Filed Under: banks, Club EWI, conquer the crash, debt crisis, deflation, economic indicators, European debt crisis, Federal Deposit Insurance Corporation (FDIC), media, personal finance, risk management, Robert Prechter, safe banks, safe haven

Category: U.S. Economy

---

Retirement Shock: Corporate Pension Plans Fall Short
Why even insured pension plans could be in trouble

By Bob Stokes
2/26/2013 5:15:00 PM

Vast numbers of people may have to keep working past the age when they hoped to retire. That was the case even before the 2007-2009 financial crisis, and the economic environment since the crisis has produced even more delayed retirements. The evidence suggests that this trend will only grow worse. Perhaps you've read about the pension shortfalls that many municipal governments face. But that's only part of the story.

Filed Under: conquer the crash, debt crisis, economic indicators, financial forecast, Robert Prechter

Category: U.S. Economy

---

The Most Noteworthy Takeaway from the 2013 World Economic Forum
A perfumed outlook doesn't mean the economy passes the smell test

By Bob Stokes
1/29/2013 5:30:00 PM

Harsh economic realities versus the disconnected and extreme economic optimism at Davos should serve as an alarm. But the World Economic Forum is not the only place where economic optimism is in overdrive. Get an independent perspective on global markets and economies.

Filed Under: all the same market theory, CNBC, debt crisis, economic indicators, Elliott wave, european central bank, European debt crisis, eurozone, FTSE, Greek debt, International Monetary Fund (IMF), sentiment

Category: Global Markets

---

Economic Reality Takes a Back Seat to Investor Irrationality
Following the investment crowd can be damaging to your portfolio

By Bob Stokes
1/18/2013 5:15:00 PM

The United States faces what a former Treasury Secretary calls a "debt bomb." Yet, investors continue to plow money into risk-assets, like stocks and junk bonds. Learn what Bob Prechter says about irrational investment behavior and its likely outcome.

Filed Under: bloomberg, Bob Prechter, CNBC, debt crisis, Elliott wave, herding, investor psychology, junk bonds, municipal bonds, sentiment, stock indexes, Treasury bonds

Category: U.S. Economy

---

Higher Education: A New Bubble Chapter in the History Books
The education deflation has just started

By Bob Stokes
1/11/2013 3:30:00 PM

Today's higher-education bubble started when attending college became the rule instead of the exception. These days it's common to see magazine cover headlines like "The 25 Best Universities" or other types of university rankings. All the while, tuition costs have soared, and so has the availability of federal student loans. Now there's evidence that a remarkable sea change may be underway.

Filed Under: all the same market theory, debt crisis, deflation, economic depression, Elliott wave, financial forecast, history, long-term trend, mania, unemployment

Category: U.S. Economy

---

How the Psychology of Deflation Becomes Entrenched
A lesson from Japan

By Bob Stokes
12/18/2012 5:00:00 PM

The economic slowdown in the United States has not been nearly as long as Japan's. Yet, Elliott Wave International contends that the U.S. is in the early stages of a deflationary trend. Deflationary psychology is already apparent.

Filed Under: Bank of Japan, conquer the crash, consumer spending, debt crisis, deflation, economic depression, economic indicators, Elliott wave, history, Robert Prechter, supply and demand, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

---

The "Taxman" Will Get His Cut Either Way in 2013
Today's economic trend fits hand-in-glove with higher taxes – no matter who wins the "fiscal cliff" debate

By Bob Stokes
12/7/2012 4:30:00 PM

The just-published December issue of The Elliott Wave Financial Forecast describes in detail why "the emerging thirst for higher taxes is evidence of the potential severity" of what Americans should expect to economically unfold next.

Filed Under: Bear market, conquer the crash, debt crisis, economic indicators, Elliott wave, financial forecast

Category: U.S. Economy

---

Gargantuan and Growing: The U.S. Debt Figure You've Probably Never Heard Of
The widely reported $16.1 trillion federal debt is a drop in the bucket

By Bob Stokes
11/27/2012 5:30:00 PM

Financial transparency is a must for U.S. publicly traded companies. But if the federal government had to abide by those same regulations, more Americans would know that the often-reported $16.1 trillion federal debt doesn't come close to the truth about the nation's liabilities.

Filed Under: credit rating, debt crisis, deflation, economic indicators, Elliott wave, municipal bonds

Category: U.S. Economy

---

Stocks, Gold, Silver Countdown to Fiscal "Cliff" – or Myth?
How to get everything the financial media fails to report

By Gary Grimes
11/20/2012 10:45:00 AM

There's been much ado about the "fiscal cliff," the scenario in which the Bush-era tax cuts expire and federal spending is cut – all automatically in the first two days of 2013. Yet, as soon as the Dow Industrials shot up more than 1% by midday Monday, Nov. 19, the media changed its tune.

Filed Under: debt crisis, Gold, silver, U.S. STOCK MARKET

Category: U.S. Economy

---

$16 Trillion and Growing: A Mind-Blowing Perspective on U.S. Debt
National debt + deficit = Deflationary disaster

By Bob Stokes
10/15/2012 5:30:00 PM

The total amount of global debt, says Robert Prechter in a recent Theorist, is estimated to be around a quadrillion dollars. That's $1,000,000,000,000,000, or one-thousand trillion dollars. Is a day of reckoning ahead?
 

Filed Under: Ben Bernanke, central banks, conquer the crash, debt crisis, deficit, deflation, Elliott wave, gross domestic product (GDP), liquidity, Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

---

The Financial Tsunami Headed To Shore Has Been Building for 80 Years
The size of the wave will surprise most everyone

By Bob Stokes
9/24/2012 4:45:00 PM

When forecasters warn "Move to higher ground!" it's not wise to think, "Until I see the tsunami, I won't believe it's coming." Once it's visible, it's probably too late. It's equally unwise to ignore signs of a financial tsunami...
 

Filed Under: 1929 Stock Market Crash, Ben Bernanke, conquer the crash, debt crisis, deflation, economic depression, economic indicators, Elliott wave, history, market crash, quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed), world central banks

Category: U.S. Economy

---

Mutiny on the U.S.S. Borrow and Spend: Why No Captain Can Save This Economic Ship
The downward spiral of deflation has started

By Bob Stokes
8/23/2012 5:15:00 PM

The evidence suggests that a rare deflationary spiral has started. And the end of this process is far from over, regardless of whether the Federal Reserve initiates another round of bond buying or quantitative easing (QE3). Moreover, learn why "another disaster for taxpayers" may be just around the corner...

Filed Under: conquer the crash, consumer price index, consumer spending, debt crisis, deflation, economic depression, economic indicators, Elliott wave, home sales, quantitative easing, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

---

(Video) ECB and BOE: Why Quantitative Easing Won't Work
Watch minute 2:20 of this free webinar clip for a very vivid answer

By Vadim Pokhlebkin
7/20/2012 5:00:00 PM

Today's magic bullet for fighting the ongoing global economic troubles are the monetary stimulus and quantitative easing programs enacted by the major central banks. Will all these programs work? Probably not. Why? Watch minute 2:20 of this webinar clip recorded by our European analyst Brian Whitmer for a very vivid answer.

Filed Under: Bank of England, debt crisis, european central bank, European debt crisis, Interest Rates, monetary policy, quantitative easing, U.S. Federal Reserve (the Fed)

Category: Global Markets

---

How to Keep Your Head Above Deflation and Economic Depression
Protect your finances and future during the downward spiral

By Bob Stokes
7/13/2012 3:45:00 PM

As the velocity of money slows, a man known for having plenty of it has just changed his long held upbeat economic tune. On July 12, billionaire Warren Buffet...

Filed Under: conquer the crash, debt crisis, deficit, deflation, economic depression, Elliott wave, European debt crisis, housing prices, liquidity, M3 money supply, soverign debt crisis, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

---

What to Expect During the Coming Debt Collapse
Entire nations will likely default, learn what to do now

By Bob Stokes
7/10/2012 3:30:00 PM

Most of us can grasp how individuals, companies and even municipalities can go bankrupt. It's less easy to conceive how a nation can default on its obligations. But history proves that nation's can default on their debt. Learn what Elliott Wave International expects next...     

Filed Under: conquer the crash, credit crisis, debt crisis, debt downgrade, deficit, deflation, economic depression, economic indicators, Elliott Wave Theorist, great depression, Greek debt, history, junk bonds, municipal bonds, soverign debt crisis, U.S. Treasuries

Category: U.S. Economy

---

Will Europe's Economic Wildfire Finally Be Contained?
Inside our new, July 2012 European Financial Forecast...

By Nico Isaac
6/29/2012 6:00:00 PM

 

Filed Under: AEX, Bank of England, CAC40, central banks, DAX, debt crisis, debt downgrade, diversification, Elliott wave, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, inflation, International Monetary Fund (IMF), Swiss Market Index (SMI)

Category: European Markets

---

United States Debt: A Stack of $100 Bills 10,712 Miles High
Evidence that the very high stack is crashing back to earth

By Bob Stokes
6/29/2012 5:00:00 PM

The national debt clock shows that the United States debt stands near $15,820,142,000,000 – as in almost $16 trillion. U.S. total debt is much higher: $56,922,000,000,000. That much debt is unsustainable. And, as Elliott Wave International sees it, there's only one way out...

Filed Under: credit crisis, debt crisis, debt downgrade, deflation, Elliott wave, Sovereign Debt

Category: U.S. Economy

---

American Breadwinners vs. American Bread Lines: What To Expect for the U.S. Economy
Butcher, baker and computer maker: Who will bring home the bacon?

By Bob Stokes
6/20/2012 2:15:00 PM

The news reports about the job market and the unemployment trend do not surprise the analysts at Elliott Wave International. In fact, EWI expects to see more such stories as the economy continues to deteriorate. The question is, how close is the U.S. economy to the bottom? Here's where to look for a reliable clue...

Filed Under: conquer the crash, credit crisis, debt crisis, deflation, Dow Jones Industrial Average (DJIA), economic depression, economic indicators, Elliott wave, financial forecast, great depression, S&P 500, social mood

Category: U.S. Economy

---