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"Audit the Fed"? We've Already Done That (Well, Kind of)
Our conclusion: The Fed is not in control of the economy -- here's why

By Nico Isaac
2/26/2015 6:30:00 AM

The controversial "Audit the Fed" bill is soon before Congress. But, we at EWI have long since conducted our own "audit" of the Fed -- and the results might shock you.

Filed Under: bailouts, banks, Bob Prechter, central banks, charts, Club EWI, commodities, Conquer the Crash, credit crisis, crude oil, debt, debt crisis, deflation, Elliott wave, Elliott Wave Education, Elliott Wave Theorist, great depression, gross domestic product (GDP), inflation, Interest Rates, market myths, quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


(Interview, 2:49 min.) The "Good Deflation" Myth (Part 1)
Elliott Wave International's Steve Hochberg answers the one key question about deflation

By Editorial Staff
2/20/2015 3:45:00 PM

In this first (of three) clip from a recent interview, EWI's Chief Market Analyst, Steve Hochberg gives you our take on talk about the stock market and recent volatility.

Filed Under: deflation, Elliott wave, inflation, interview, steve hochberg, U.S. STOCK MARKET, video, volatility

Category: U.S. Economy


Why the Workforce Still Shrinks as Job Growth Rises
The answer, we think, is the emerging force of deflation. Here's why.

By Steve Hochberg and Pete Kendall
2/19/2015 12:45:00 PM

Why is the U.S. Labor Force Participation Rate falling when job growth is rising? Notice that the peak participation rate of 67.3% came in January-March 2000, as the major stock indexes topped, after which inflation first began to falter. When stocks rallied to their 2007 top...

Filed Under: deflation, economic depression, economic indicators, Elliott wave, inflation, steve hochberg, U.S. STOCK MARKET, unemployment

Category: U.S. Economy


Here's What's Wrong with the "Good" Deflation Argument
Deflation is more than just "low prices" -- so don't fall for the "good deflation" argument

By Steve Hochberg and Pete Kendall
2/17/2015 4:30:00 PM

Deflation is more than just "low prices." It's a decline in the supply of money (and credit) relative to goods and services. And history shows that deflationary episodes are invariably accompanied by comparable declines in equity, factory and retail prices.

Filed Under: consumer confidence, consumer spending, deflation, economic indicators, Elliott wave, housing prices, inflation, U.S. STOCK MARKET

Category: U.S. Economy


(Video, 4:09 min.) Deflation: Why the Fed Has Been Losing the Battle
"The ultimate drivers of inflation and deflation are human mental states that the Fed cannot manipulate."

By Vadim Pokhlebkin
1/29/2015 5:30:00 PM

Despite six years of record-low interest rates; three rounds and five years of the Fed's QE; $4 trillion of "new money injected into the economy" -- despite all that, inflation in the U.S. remains well below the Fed's target. Why?

Filed Under: Ben Bernanke, deflation, Elliott wave, Elliott Wave Theorist, inflation, U.S. Federal Reserve (the Fed), video, Video - Featured

Category: Stocks


(Video, 3:44 min) What's Bigger Than a $1.4 Billion Mortgage Ratings Scandal?
The great "inflated" expectations for gold, oil, commodities -- and now stocks

By Nico Isaac
1/26/2015 5:30:00 PM

Standard & Poor's just reached a $1.4 billion settlement for "inflating credit ratings on toxic assets" leading up to the 2008 subprime mortgage crisis. But there's a much bigger issue at stake...

Filed Under: 1929 Stock Market Crash, Ben Bernanke, Bob Prechter, charts, commodities, Conquer the Crash, CRB index, credit crisis, crude oil, Gold, inflation, quantitative easing, S&P 500, safe haven, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, Video - FRUP

Category: Stocks


Stocks and Economy: What to Look for in 2015
Some thoughts about "fundamentals" going into the new year

By Vadim Pokhlebkin
12/30/2014 3:45:00 PM

U.S. stocks are trading near all-time highs, yet some people say that without a stronger economy this bull market won't last. This argument makes sense at first blush, but when you dig a little deeper, you quickly discover that it's not supported by the facts.

Filed Under: bull market, commodities, crude oil, debt, deflation, Dow Jones Industrial Average (DJIA), Elliott wave, emerging markets, european markets, fundamental analysis, housing prices, inflation, investment decisions, investment strategy, S&P 500, stimulus package, Treasury bills (T-bills), Treasury bonds, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, U.S. Treasuries, unemployment, video, Video - Featured

Category: Stocks


Why the "Gift Card" of Stimulus Has Gone Unredeemed
A deflationary mindset at work

By Nico Isaac
12/26/2014 11:15:00 AM

What do Holiday gift cards have to do with the Fed's $4 trillion-plus quantitative easing program? Answer: they both go unredeemed, despite being cash in hand to spend at will.

Filed Under: bailouts, banks, Bob Prechter, cash, central banks, charts, Conquer the Crash, consumer price index, consumer spending, deflation, Elliott wave, financial forecast, inflation, investor psychology, quantitative easing, social mood, stimulus package, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Who Holds the Future of Gold in Its Hands? Hint: It's Not the Fed!
Recent history shows you how central bank policies matter less than many investors think

By Nico Isaac
12/17/2014 3:00:00 PM

Mainstream economic wisdom says the Federal Reserve holds the fate of gold prices in its hand. Cut rates, and gold rallies. Raise rates, and gold falls. Recent history, however, tells a radically different story.

Filed Under: charts, Elliott wave, Federal Open Market Committee (FOMC), financial forecast, Gold, history, inflation, Interest Rates, monetary policy, precious metals, quantitative easing, sentiment, Short Term Update, U.S. Federal Reserve (the Fed), Wall Street

Category: Gold and Silver


(Video, 3:04 min.) The Federal Reserve's Inflation Gauge: Falling to 2008 Levels
Be among the few who are ready for deflation

By Bob Stokes
12/12/2014 4:00:00 PM

Few people see deflation as a threat. But deflation is grabbing global headlines. Learn what you need to know now about this potentially devastating trend.

Filed Under: Chinese markets, Conquer the Crash, deflation, Elliott wave, European Union (EU), inflation, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


(Interview, 1:41 min.) What Is the Financial Press Overlooking?
A quick market insight for today's investors

By Vadim Pokhlebkin
12/8/2014 1:45:00 PM

As our new, December Financial Forecast was going to press on Dec. 5, we had a quick opportunity to ask Steve Hochberg, the Financial Forecast co-editor, a couple of important questions. Watch.

Filed Under: deflation, housing prices, inflation, video, Video - Featured

Category: U.S. Economy


Don't Get Ruined by These 10 Popular Investment Myths (Conclusion)
Interest rates, oil prices, earnings, GDP, wars, peace, terrorism, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market

By Vadim Pokhlebkin
11/26/2014 3:30:00 PM

This is why phrases like “interest-rate shock,” “oil-price shock,” “earnings shock,” “GDP shock,” “war shock,” “terrorism shock,” “inflation shock,” etc. have no value when it comes to analyzing the behavior of financial markets.

Filed Under: 1929 Stock Market Crash, central banks, crude oil, earnings, Efficient Market Hypothesis (EMH), Elliott wave, fundamental analysis, gross domestic product (GDP), inflation, monetary policy, Robert Prechter, terrorist attacks

Category: Classic Prechter


Abenomics: From Faith to Failure
Why the biggest monetary stimulus effort in the world did NOT stop deflation in its tracks

By Nico Isaac
11/24/2014 3:30:00 PM

At its inception in 2013, EWI warned that Abenomics would fail to rescue Japan's economy from deflation. Now, a November 20 New York Times article confirms our forecast: "It's time to call Abenomics a failure."

Filed Under: central banks, Club EWI, deflation, Elliott wave, europe, financial forecast, forecasts, inflation, inside look, investor psychology, Japanese yen, quantitative easing

Category: Asian Markets


(Video, 4:17 min.) You Can Lead a Horse to Water, But You Can't Make Him... Borrow
Today's trend towards deflation is not a monetary problem, but a psychological one

By Vadim Pokhlebkin
11/18/2014 5:00:00 PM

Do you know what the Bank of Japan, the European Central Bank and the Federal Reserve have in common? Yes, they are three of the world's biggest central banks. But the other thing that unites them is a common problem.

Filed Under: Bank of Japan, central banks, debt, deflation, Elliott wave, european central bank, inflation, investment decisions, investment strategy, investor psychology, monetary policy, U.S. Federal Reserve (the Fed), video, Video - Featured

Category: U.S. Economy


U.S. Dollar: Since When Is Inflation a Good Thing?
Up is down, black is white -- and now, inflation is supposed to strengthen the U.S. dollar

By Vadim Pokhlebkin
11/17/2014 3:45:00 PM

Everyone knows that inflation destroys the purchasing power of a currency. Which is not good -- not for consumers, producers or for the economy in general. That's why seeing this headline came as a surprise...

Filed Under: Elliott wave, Elliott Wave trading, euro, european markets, European Union (EU), forex, forex trading, fundamental analysis, inflation, technical analysis, technical indicators, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


What's Scarier Than DE-flation?
As early as 2011, our analysis warned that Europe's deflation was coming -- here's why

By Nico Isaac
11/14/2014 3:30:00 PM

At last count, EIGHT European nations are now in outright deflation. It's the "Titanic" shipwreck scenario "no one saw coming." Well, not exactly no one.

Filed Under: Brian Whitmer, central banks, charts, consumer price index, deflation, Elliott wave, europe, european central bank, European Union (EU), eurozone, financial forecast, forecasts, Greenspan, inflation, U.S. Federal Reserve (the Fed)

Category: European Markets


Is the U.S. Economy Headed for the "Good" Kind of Deflation?
A brand-new FREE report addresses all three arguments in favor of a "benign" deflationary scenario

By Nico Isaac
11/12/2014 3:00:00 PM

In case you haven't heard, "good deflation" will actually benefit the U.S. economy. The pro-deflation defense comes down to THREE main arguments... 

Filed Under: charts, Chinese markets, consumer price index, deflation, Elliott wave, europe, financial forecast, inflation, inside look, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Don't Get Ruined by These 10 Popular Investment Myths (Part X)
Interest rates, oil prices, earnings, GDP, wars, peace, terrorism, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market

By Vadim Pokhlebkin
11/11/2014 6:15:00 PM

Myth #10: “Central banks and government policies control the markets.” Virtually everyone believes this statement; certainly most economists do. Keynesians and monetarists believe...

Filed Under: central banks, Dow Jones Industrial Average (DJIA), Elliott wave, inflation, market manipulation, monetary policy, Nasdaq Composite, QE2, quantitative easing, Robert Prechter, S&P 500, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET

Category: Classic Prechter


How Not to Get Burned by Crude Oil
Step 1: Identify the Elliott wave pattern that corresponds to investor sentiment

By Nico Isaac
11/6/2014 4:30:00 PM

In 2008, mainstream analysis identified fear among oil investors. Elliott wave analysis identified that fear as a final, fifth wave about to end. An 80% crash in oil prices soon followed.

Filed Under: bull market, charts, commodities, crude oil, Elliott wave, Elliott Wave Principle, Elliott Wave Theorist, forecasts, fundamental analysis, inflation, long-term trend, sentiment, supply and demand, wave personality

Category: Energy


Don't Get Ruined by These 10 Popular Investment Myths (Part IX)
Interest rates, oil prices, earnings, GDP, wars, peace, terrorism, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market

By Vadim Pokhlebkin
10/28/2014 1:45:00 PM

Myth #9: “Inflation makes gold and silver go up.” This one seems like a no-brainer. Gold is real money, so it must fluctuate along with the inflation rate. It’s basic physics. Yet, once again, it doesn’t happen that way...

Filed Under: Elliott wave, Gold, history, hyperinflation, inflation, Robert Prechter, U.S. STOCK MARKET

Category: Classic Prechter


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