Large commercial buildings are illiquid. This is especially true during an economic contraction and credit crunch. Although roughly half the size of the residential housing market, the commercial real estate market is still twice the size of the total U.S. stock market, so its problems are too large to ignore. They include...
Several recent reports have pointed out that, in the years before its global train wreck, AIG ran itself less like an insurance company and more like a hedge fund. On that, read this quote about modern-day hedge funds from the May 2008 Elliott Wave Theorist by EWI’s founder and president Bob Prechter.
Billions of dollars poured into hedge funds over the past five years, as wealthy investors looked for ways to increase the value of their investments. And their hedge fund managers obliged, using bucket-loads of leverage along with strategies that included short-selling, arbitrage, program trading and investing in derivatives. Now, the good times are coming to an end.
Announcing EWI's New eBook ...
In this exciting new 45-page eBook, Jeffrey Kennedy shows you – using fresh, real-life market examples – how you can use simple, yet powerful, chart reading techniques to improve your trading.
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