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Preparing Your Finances for 2012
Looking ahead to a new year and planning for the future

By Hope Welborn
12/28/2011 2:15:00 PM

Now is a good time to look back over the past year and assess your finances. Do you have the information needed to make wise decisions in the next year? Prepare and take action now so that you'll be ready for what's ahead.

Filed Under: conquer the crash, debt, deflation, Elliott Wave Theorist, hyperinflation, inflation, Robert Prechter, safe haven, U.S., deflation, economic depression, great depression, investment decisions, personal finance, prechter, recession, risk management, Robert Prechter, safe banks, safe haven

Category: U.S. Economy


$15-Trillion and Counting: Will the Debt Mountain Just Grow Higher?
"Anti-spending sentiment is on the rise."

By Bob Stokes
12/23/2011 4:45:00 PM

Many people say that the Federal Reserve will just keep "printing money." But to say that the government will just keep "stimulating" is to ignore the simple truth that institutions consist of people. Even people in authority come under the influence of prevailing psychology -- which today is one of increasing... 

Filed Under: Ben Bernanke, debt crisis, deflation, Elliott Wave Theorist, great depression, monetary policy, monetization, QE2, quantitative easing, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


America's First Deflationary Depression: Is a Bigger One Ahead?
Social psychology precipitates economic depressions

By Bob Stokes
11/1/2011 10:00:00 AM

Don't blame Martin Van Buren for America's first deflationary depression. What is more powerful than a President of the United States? The answer is...

Filed Under: conquer the crash, debt crisis, deflation, economic depression, great depression, history, social mood, South Sea Bubble

Category: U.S. Economy


"Darkest Days" for the Economy: Behind Us, or Just Ahead?
Economic skies forecast: slowly clearing, heavy rain returning, or cyclone?

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


Is the Market's "Panic Phase" Coming to an End?
Beware a fear-driven market

By Bob Stokes
10/4/2011 4:00:00 PM

So where are we in today's stock market pattern? We've seen a lot of hard selloffs, yes -- but we've also seen some huge rallies. Do they suggest that maybe the "panic phase" is over -- and that it's safe to get back in?...

Filed Under: Dow Jones Industrial Average (DJIA), great depression, market forecasts, Robert Prechter, U.S. STOCK MARKET, Elliott Wave Principle

Category: Stocks


Days of Markets Past, Present, and Future
Does past and present market psychology give us insight into the future?

By Bob Stokes
9/22/2011 4:15:00 PM

When did fund managers have that "record commitment to stocks"? Answer: just a few months before the early May 2011 high. Take a look at the chart...

Filed Under: 1929 Stock Market Crash, economic depression, Elliott Wave Theorist, great depression, investor psychology, market crash, market forecasts, Nasdaq Composite, Robert Prechter, sentiment, volatility

Category: Stocks


...Or, Is the Market's "Panic Phase" Over?
Beware a fear-driven market

By Bob Stokes
8/26/2011 5:15:00 PM

Robert Prechter then describes the market's price form, and how it should unfold in the immediate months and years ahead. After providing subscribers his thorough analysis, Prechter says...

Filed Under: Bear market, Dow Industrials, economic depression, Elliott Wave Principle, Elliott Wave Theorist, great depression, market forecasts, Robert Prechter, volatility

Category: Stocks


"You're Hired!" Will More People Be Hearing That Soon?
Or will payrolls shrink even more?

By Bob Stokes
8/19/2011 6:00:00 PM

"...because the current bear market is of one larger degree than that of 1929-1932, the depression it creates will be deeper, which in turn means that the unemployment rate will exceed that of 1933. The peak rate in 1933 was 25 percent. Therefore, unemployment in the U.S. should rise to about..." Read the rest of this quote from the second edition of Conquer the Crash now...

Filed Under: conquer the crash, economic depression, great depression, Robert Prechter, unemployment

Category: U.S. Economy


Dow Dips Below 11,400 - Prepare for the Next Move
Others can panic even as you stay calm - learn how to keep ahead of the markets.

By Jill Noble
8/5/2011 3:15:00 PM

As the market's current trend continues to unfold, take this opportunity to study the past with Robert Prechter's presentation, "Understanding the Extraordinary Value of the Elliott Wave Model: Lessons in Real-Time Application."

Filed Under: economic depression, Elliott Wave Principle, great depression, history, market crash, Robert Prechter, Ralph Nelson Elliott

Category: U.S. Economy


Should We Expect the "Financially Rare Event"?
Elliott Waves Tell a Multi-Generational Story

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


New Bear Market or "Healthy Correction"?
What Will Follow "Three Peaks" in the Dow Jones Industrials?

By Bob Stokes
6/20/2011 6:00:00 PM

Could the bullish author be right -- that the next leg up will be even bigger than the rally that began in early 2009? Or will a very different market scenario unfold?...

Filed Under: Bear market, bull market, Dow Jones Industrial Average (DJIA), Elliott Wave Theorist, great depression, Robert Prechter

Category: Stocks


What Leads Directly to an Economic Depression?
A Historic Chart Reveals the Answer

By Bob Stokes
6/14/2011 5:00:00 PM

Robert Prechter's observation is based on facts and financial history. He shows that three of the biggest market declines of the past 300 years did indeed...

Filed Under: conquer the crash, economic depression, great depression, Robert Prechter, stock indexes

Category: U.S. Economy


Stocks: Four Straight Weeks of Declines. When Have We Seen This Before?
EWI's analysis reveals whether today's market has the momentum of a long-term bull

By Nico Isaac
5/31/2011 5:45:00 PM

Filed Under: bull market, crude oil, Dow Jones Industrial Average (DJIA), Elliott wave, great depression, momentum, S&P 500

Category: Stocks


The "Rational Bubble" Theory Goes Bust
Bob Prechter's Theorist Asks: Is the Herd EVER Rational?

By Nico Isaac
4/25/2011 5:15:00 PM

How often did you hear the phrase "Rational Bubble" used in 2006 and early 2007, to describe the speculative fever in stock prices, credit, and home values? The phrase was consistent with the EMH, which said that because the bubble was born of "rational" risk-taking, its undoing would be gradual. The euphoria would be tamed by a "healthy correction" (or "soft landing"), and ultimately a "return to normalcy."

Filed Under: Robert Prechter, credit crisis, Efficient Market Hypothesis (EMH), Elliott Wave Theorist, Elliott Wave trading, great depression, Robert Prechter

Category: Stocks


Is The Recent Stock Market Rally A Repeat Of The 1932 Bottom?
Prechter's latest Elliott Wave Theorist reveals evidence on whether or not we are at the start of a new bull market

By Nico Isaac
2/22/2011 4:15:00 PM

From FM to AM, the boob tube to the youtube, one message is coming through the mainstream financial satellites loud and clear: The U.S. stock market's "dead cat bounce" off its 2009 low has turned into a heart-pounding puma with claws out to tear any bear apart in its tracks. And, as far as many  experts can see, the current run-up is equivalent to one specific period in stock market history: the game-changing rally off the 1932 low.

Filed Under: 1929 Stock Market Crash, bull market, conquer the crash, Dow Jones Industrial Average (DJIA), great depression, investor psychology, Robert Prechter, S&P 500

Category: Stocks


You'd Better Get a Bigger Coffee Table!
The Mania Chronicles: An essential volume for your personal library.

By Jill Noble
1/27/2011 2:00:00 PM

To understand today's crisis -- and to be prepared for what's still to come -- demands a full grasp of how we got here. Prechter and Kendall's The Mania Chronicles offers all this at your fingertips.

Filed Under: Elliott Wave Principle, great depression, Ralph Nelson Elliott, Robert Prechter, social mood, socionomics, South Sea Bubble

Category: Cultural Trends


The Real Estate Market: Still Agonizing. Still Ironic

By Nico Isaac
1/13/2011 1:45:00 PM

In October 2010, I wrote about real estate short sales in an article titled, "An End To Easy Lending: The Irony and Agony of Real Estate." The irony was that there's nothing SHORT about trying to buy a house via a short sale. It's usually the longest, most drawn out means of buying a home -- and it often ends in failure. As an example, I provided my own experience of jumping through hoops for three months as I waited for the bank to approve my own short sale offer on a totally affordable apartment -- only to be denied.

Filed Under: conquer the crash, great depression, housing prices

Category: Real Estate


Robert Prechter Dispels 10 Popular Investment Myths: Conclusion
Interest rates, oil prices, trade balance, earnings, GDP, wars, terrorist attacks, inflation, monetary policy, fiscal policy, etc. -- NONE have a reliable effect on the stock market

By Vadim Pokhlebkin
1/10/2011 12:30:00 PM

This is the conclusion of the series "Robert Prechter Dispels 10 Popular Investment Myths," where EWI president explains why traditional financial models failed in 2007-2009 -- and why they are doomed to fail again (and again). Missed this important series? Start with Part I now.

Filed Under: 1929 Stock Market Crash, Ben Bernanke, bull market, crude oil, deficit, earnings, economic depression, great depression, inflation, market crash, monetary policy, terrorist attacks, U.S. Federal Reserve (the Fed), unemployment

Category: Stocks


A New Year: Will There Be a Bullish Miracle on 34th Street?
Elliott Wave International foresaw the major "balloons" of the 2007 financial crisis go POP!

By Nico Isaac
1/4/2011 3:15:00 PM

Elliott Wave International wasn't around during the Great Depression of 1929. But we were here for the most recent financial flameout in 2007 -- when the most inflated credit environment in all of history entangled itself around the engine of economic growth and sent it hurtling toward a fiery collapse. And contrary to the popular belief that the still continuing meltdown was an unforeseeable event, Elliott Wave International's team of analysts stayed ahead of the bursting of the economy's biggest balloons

Filed Under: 1929 Stock Market Crash, credit crisis, crude oil, eurozone, eurozone, Fannie Mae, Freddie Mac, great depression, housing prices, quantitative easing, subprime lending, Wall Street

Category: U.S. Economy


Deflationary Depression: Ultimate Status Symbol
The Biggest House? No. The Most Expensive Car? Try Again.

By Bob Stokes
8/6/2010 1:15:00 AM

The difference between the 1930s and today is that the credit expansion of this generation has been far greater. Does that mean a deflation to come that's even more severe than in the '30s?...

Filed Under: Robert Prechter, deflation, great depression

Category: Stocks