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Deflation Warning: Money Manager Startles Global Conference
History shows that the U.S. should pay attention to economies in Europe

By Bob Stokes
5/17/2013 3:45:00 PM

The economy has been sluggish for five years. There's no shortage of chatter about "why," yet few observers mention deflation. One exception is a hedge fund manager who spoke up at the recent Milken Institute Global Conference.

Filed Under: bloomberg, CNBC, deflation, economic indicators, Elliott wave, great depression, Robert Prechter

Category: U.S. Economy


The UK Avoids Recession. Proof Positive of Recovery?
And why taking the experts at their word may not be the safest decision.

By Nico Isaac
4/25/2013 5:00:00 PM

In the morning hours of April 25, the UK financial community was a picture of Hunger Games-like angst. Huddled masses stood around the Office for National Statistics, waiting nervously to hear whether the name -- Britain -- would be drawn to participate in a highly dreaded recession.  

Filed Under: credit crisis, europe, european markets, financial forecast, FTSE, great depression, recession, U.S. STOCK MARKET

Category: European Markets


The Housing Recovery Rests on an Unstable Foundation
Yale's Robert Shiller says the recent rebound in home prices is "artificial"

By Bob Stokes
3/28/2013 5:30:00 PM

The housing market has gone from financial rubble to what some analysts describe as another bubble. It's true that home prices are still nearly 30% below their mid-2000s peak. Yet the recent surge has Robert Shiller of the Case-Shiller Home Price Index concerned. Learn why.

Filed Under: 1929 Stock Market Crash, all the same market theory, CNBC, commercial real estate, economic indicators, Elliott Wave Theorist, foreclosures, great depression, history, home sales, housing prices, quantitative easing, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


To Get a Job in This Economy, Go the Extra 10 Miles
How an 18-year-old got a job offer he didn't even apply for

By Bob Stokes
2/27/2013 4:00:00 PM

The U.S. jobless rate is 7.8%. And the U.S. Bureau of Labor Statistics reports that the January 2013 unemployment rate of 18- and 19-year-old men is a whopping 23.7%. The candidates with the best chances of landing jobs in a tough economy are those determined to go the extra mile – or more. Are you prepared to survive and prosper if the economy and jobs market get worse?

Filed Under: conquer the crash, deflation, economic indicators, great depression, history, unemployment

Category: U.S. Economy


Global Deflation: Protect Your Wealth from What the Majority Do Not Expect
Shield your wealth before trusted facilities close their doors

By Bob Stokes
2/15/2013 4:15:00 PM

Last month the economy of the United States unexpectedly shrank by 0.1% in the fourth quarter. Deflationary forces are affecting more than just the American markets. In fact, they're even stronger across the pond. The euro zone's accelerating economic contraction should serve as a warning sign to anyone who believes the global economy is on the road to recovery. Opportunities to protect your wealth will close shut once a deflationary trend is well underway. Learn how to access safe storage facilities for your assets.

Filed Under: 1929 Stock Market Crash, all the same market theory, currency, deflation, European debt crisis, eurozone, great depression, gross domestic product (GDP), history, Robert Prechter, safe haven, Sovereign Debt

Category: Global Markets


The Key Factor That Leads Directly to an Economic Depression
Stock market action leads the economy

By Bob Stokes
2/7/2013 4:15:00 PM

Some argue that trends like mounting debt and an ever-widening deficit will trigger a depression. Others say it can happen if the Federal Reserve aggressively raises rates. Then again, the culprit might be chronically high unemployment or plunging home prices. In truth, however, the correct answer is ...

Filed Under: Bob Prechter, CNBC, deficit, deflation, economic depression, economic indicators, Elliott wave, great depression, Interest Rates, recession, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, unemployment

Category: U.S. Economy


Does Germany Have the Power to Save Europe's Economy?
A walk down memory lane reveals the last two times Europe hitched its recovery wagon to Germany's rising star.

By Nico Isaac
1/11/2013 5:30:00 PM

Without question, Germany, the world's third-largest economy, closed 2012 in a year-end tour de force. And now, folks want to know whether the stellar performance is the bearish curtain call Germany – and the rest of Europe – has long awaited.

Filed Under: DAX, economic depression, Elliott wave, europe, european markets, financial forecast, great depression

Category: European Markets


A Surprising Look Inside America's Pay Envelopes
A downward trend in real U.S. average hourly earnings has just started

By Bob Stokes
12/20/2012 5:30:00 PM

Bob Prechter wrote a book on how to prepare for the unfolding deflationary trend. Conquer the Crash is now in its second edition, and is even more applicable now than when it was first published. In the months ahead, millions of workers will likely see shrinking wages. Many will not even receive a paycheck. Read what Prechter wrote.
 

Filed Under: Bob Prechter, conquer the crash, deflation, economic indicators, Elliott wave, great depression, inflation, unemployment

Category: U.S. Economy


Why the Door May Slam Shut on the Residential Real Estate "Rebound"
How the mortgage-crisis still haunts the economy

By Bob Stokes
12/10/2012 4:30:00 PM

A securities lawyer told the New York Times that "We are at an all-time high for mortgage litigation." The lawsuits involve some $1-trillion worth of mortgage-backed securities; banks stand to lose as much as $300-billion. But this "fresh torrent" of mortgage lawsuits against banks is just one headwind that the so-called housing recovery faces. Learn what else may trip up the so called housing "recovery."

Filed Under: economic indicators, Elliott wave, foreclosures, great depression, home sales, housing prices, insurance industry, Interest Rates, subprime lending

Category: U.S. Economy


Economy on the Brink: Why Mitt Romney May Eventually Be Glad He Lost
Romney won't have to be the next Herbert Hoover

By Bob Stokes
11/9/2012 5:45:00 PM

In discussing the years ahead, Prechter said that whoever is President will turn into "an outsized version of Herbert Hoover." If the economic trend unfolds in a way that EWI expects, Romney may eventually win, so to speak, by losing.
 

Filed Under: 1929 Stock Market Crash, conquer the crash, deflation, economic depression, economic indicators, Elliott wave, great depression, Robert Prechter

Category: U.S. Economy


Today's Sentiment Mirrors the Start of One of the 20th Century's Worst Bear Markets
A look at the 1973-74 market serves as a warning

By Bob Stokes
10/26/2012 3:15:00 PM

All agreed: Market prices are headed higher. Yet in that very month, the stock market started a slide. It later became the worst bear market since the Great Depression. The chart shows how mistaken the consensus view can be -- which brings us to today.
 

Filed Under: Bear market, Dow Jones Industrial Average (DJIA), Elliott Wave Theorist, great depression, investor psychology, Magazine Cover Indicator, Robert Prechter, sentiment

Category: Stocks


How to Protect Your Wealth If An Economic Winter Descends
An old fable for modern financial times

By Bob Stokes
10/25/2012 6:00:00 PM

An economic winter may be ahead, and the best prepared households will have set aside sufficient cash or cash equivalents. It's true that actual greenbacks yield no interest, and cash equivalents earn next to nothing. Yet consider that the value of cash...
 

Filed Under: Bob Prechter, cash, conquer the crash, deflation, economic depression, Elliott wave, great depression, Interest Rates, safe banks, safe haven, U.S. dollar

Category: U.S. Economy


Why the Benefit of Hindsight Will Not Prevent the Next Financial Disaster
No lessons have been learned from the financial past

By Bob Stokes
8/27/2012 5:45:00 PM

Even after scores of scholars examine every detail of past financial disasters, is it possible that no lesson is learned – much less applied? When it comes to financial history, this is more than possible – in fact it has happened more than once...
 

Filed Under: 1929 Stock Market Crash, Elliott wave, great depression, history

Category: U.S. Economy


Warning Sign for the Economy: An Indicator With a History of Calling Major Turns
Why "Easy Street" may soon face a bunch of sinkholes

By Bob Stokes
8/20/2012 3:45:00 PM

Porters and ladies' maids were splurging on their own carriages just before the bursting of the South Sea Bubble. And luxury spending went into high-gear during the 1920s, just before the Great Depression. Excess consumption has been around in one form or another for a long time. And that includes today. Despite a weak economic rebound since the 2007-2009 financial crisis, the demand for luxury is strong. Previous economic cycles show that an aggressive quest for luxury arrives...
 

Filed Under: 1929 Stock Market Crash, cultural trends, deflation, economic depression, economic indicators, Elliott wave, great depression, history, mania, market crash, South Sea Bubble, wisdom of crowds

Category: U.S. Economy


U.S. Economy: The Financial Tectonic Plates Are Shifting Once Again
Financial changes can happen with lightning speed

By Bob Stokes
8/15/2012 5:30:00 PM

The financial world doesn't seem to feel major rumblings right now. And that's why so many can be lulled into a false sense of financial security. Yet, EWI's economic indicators suggest that the next slippage of the financial plates could unleash far more financial destruction than before...
 

Filed Under: deflation, economic depression, economic indicators, Elliott Wave Theorist, great depression, South Sea Bubble

Category: U.S. Economy


The U.S. Mail Going the Way of Greece? A Warning about Government Services
The Postal Service is in serious financial trouble

By Bob Stokes
8/7/2012 3:15:00 PM

Since the start of the millennium, the U.S. Postal Service has fallen victim to the same Lost Decade that weakened the rest of society. And it appears things will get worse before they get better. The U.S. Mail is not the only government entity facing serious financial problems. There have been numerous stories about cutbacks in state and local government services in the past few years. Now, Robert Prechter's Elliott Wave Theorist is warning of what is just ahead...

Filed Under: conquer the crash, economic depression, Elliott wave, great depression, history, Robert Prechter

Category: U.S. Economy


Watching the Economy Sputter: Now for the Incredible Shrinking Scene
Economic predictions often fail, but with the right tools, you don't have to

By Bob Stokes
8/1/2012 5:30:00 PM

A stagnant economy is tough enough. Now consider a shrinking economy with a tailwind of deflation. Some prominent global economic authorities do not believe deflation is in the economic cards. But economic prognosticators can be wrong, even those who are prominent. In fact, the so-called "experts" have a long history of being on the opposite side of the trend at the worst possible time...

Filed Under: conquer the crash, deflation, economic depression, economic indicators, Elliott wave, great depression, history, Robert Prechter

Category: U.S. Economy


Morphine-Injected Economy: Patient Remains Bed-Ridden
Position yourself properly for "a gigantic public disaster"

By Bob Stokes
7/27/2012 4:45:00 PM

Many people do not realize how long U.S. economic growth as been slowing. Moreover, this slowdown has a parallel to the lead-up to the Great Depression. Look at this chart...

 

Filed Under: Ben Bernanke, debt, deflation, economic depression, Federal Open Market Committee (FOMC), great depression, gross domestic product (GDP), Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


History Has a Lesson for Real Estate Investors Who Think the Bubble is Fully Deflated
The service that forecast the real estate implosion warns of other bubbles

By Bob Stokes
7/16/2012 4:15:00 PM

Remember, real estate turned with lightning speed and accelerated downward. Yet the plunging prices were almost universally unexpected. Other financial asset classes are now sending equally ominous signs of major trend turns...

Filed Under: all the same market theory, commercial real estate, conquer the crash, consumer confidence, debt, deflation, economic depression, Elliott wave, financial forecast, foreclosures, great depression, history, home sales, housing prices, market forecasts, subprime lending

Category: U.S. Economy


Change your Luck with the Wave Principle
Instant access to Bob Prechter's one-hour guide -- with lessons in real-time application -- at a 60% saving

By Jill Noble
7/16/2012 9:30:00 AM

The most perceptive traders aren't paranoid or superstitious -- they know that if you understand history, you can prepare yourself for changes that most people never see coming.

Filed Under: Elliott Wave Education, Elliott Wave Principle, great depression, herding, history, Robert Prechter

Category: Education


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