Updated: December 29, 20172017 is ending at a high point for U.S. economic data. Most people would think that the economic data caused the stock market to rally. But here's the reality...
Updated: December 4, 2017Many people regard a house as an investment -- not just as a place to live. But, when a "consumption" item is treated like an "investment," a financially dangerous psychology develops. Learn what a recent study says about some of real estate's "investment advantages."
Updated: November 21, 2017Think the Fed's interest rates control the stock market? Watch as Matt Lampert shows you how to bust this market myth in 2 minutes, using real-world examples from Robert Prechter's Socionomic Theory of Finance.
Updated: October 31, 2017Remember the so-called "Goldilocks" economy around the turn of the last century? How about in 2007? Well, positive economic numbers didn't stop the stock market from topping in both years. Today, optimism about the economy has reached another extreme. See these two charts.
Updated: October 24, 2017President Trump is expected to soon announce his choice for the next Fed chair. Whoever is selected may turn out to be one of the unluckiest people in the world of finance. Find out why.
Updated: October 18, 2017Spending is fun! Easy credit is a blast! But debt is a downer. And, right now, numerous measures of debt are near all-time highs. Here's what EWI analysts are closely watching.
Updated: October 16, 2017In order to be aware of the investment pitfalls and opportunities that deflation can bring, we must first understand the basic elements of why it occurs...
Updated: October 4, 2017The Federal Reserve announced last month that they would start to reduce their $4.5 trillion balance sheet in October, thereby starting the process we call Quantitative Tightening (QT)...
Updated: September 29, 2017Many U.S. municipalities face a large and looming financial crisis. With the stock market's string of record highs getting most of the headlines, this next likely crisis will seem to arrive out of nowhere. Remember how the 2007-2009 financial crisis caught most everyone flat-footed? Find out what EWI analysts expect.
Updated: September 25, 2017You've probably seen the picture of the self-satisfied, rich man burning dollar bills to light a cigar. But, gold eating? The signs of excess are sending one clear message. Pay attention to this time-tested stock market indicator.
Updated: September 14, 2017The longstanding myth is, the interest rate market follows the lead of the central bank. Now see the facts for yourself.
Updated: September 7, 2017Troublesome developments are occurring in the U.S. housing market. Media outlets are saying that "an acute shortage of properties" is hurting sales. But, the real story is revealed in these chart patterns.
Updated: August 30, 2017The latest figures for consumer credit in the US showed a lower-than-expected increase of $12.4 billion in June.
Updated: August 24, 2017This week, the great and the good from central banks around the world gather in Jackson Hole, Wyoming for the annual Kansas City Fed Economic Policy Symposium, and the world's financial media will hang on every word in the hope that something meaningful will be said...
Updated: August 18, 2017Is the proverbial "rainy day" upon us? If so, two developments indicate that many people are financially unprepared. Also, find out why our September Elliott Wave Theorist just published an entire month early.
Updated: August 16, 2017Would you like to know what the health of the economy will be like months ahead of time? This rarely discussed "economic indicator" has a history of serving as a useful guide. See for yourself.
Updated: August 9, 2017The trip up the side of Debt Mountain is getting more treacherous. A new milestone has been reached. Learn the lesson that financial history teaches.
Updated: July 19, 2017A housing market measure that just surged to the highest level ever may also be a warning to home buyers. We saw a similar development 10 years ago, when the worst part of the housing market implosion was still ahead.
Updated: July 17, 2017Gold and silver are widely considered classic inflation hedges. But conventional wisdom often does not square with reality. Market observers tend to see what fits with their paradigm. This will change yours.
Updated: July 13, 2017We anticipate that many more borrowers will welch on their obligations as debt starts to deflate.
Updated: July 10, 2017Some U.S. real estate markets have bounced back strongly since the Great Recession while others have languished. All told, "the recovery is spotty at best." Now, two new developments are adding risk to the mortgage market.
Updated: July 7, 2017In 1939, Sir Winston Churchill said that Russia was "... a riddle wrapped in a mystery inside an enigma." The same could be said of China today.
Updated: July 5, 2017Even during a national economic expansion, many U.S. municipalities are financially troubled. "Two out of every three states took in less tax revenue than expected this year." This chart of muni bond yield spreads will make you wonder about the future.
Updated: June 30, 2017Food prices in the USA are under pressure at the moment – but should we see this as a general trend towards deflation?
Updated: June 23, 2017The housing market is heating up -- again. Signs are appearing that are reminders of the previous housing boom. "Buyers are convinced values will only continue to climb ... ." Is the housing trend near a reversal?
Updated: June 21, 2017As the amount of household debt rises, so does the risk of another financial crisis. A new milestone has been reached in the U.S. But a chart shows that the dangers of debt are global.
Updated: June 19, 2017Sir Isaac Newton famously said that "for every action, there is an equal and opposite re-action." But does this "law of motion" apply to finance? Many investors believe so, but the evidence shows that economic news does not affect the stock market.
Updated: June 13, 2017Matt Lampert, director of research at the Socionomics Institute, sheds some light on the relationship between terror attacks and the markets and tells you what to watch out for in the future, all in this 3-minute interview.
Updated: June 13, 2017Whenever the Fed makes its scheduled interest rates announcement, it's almost always an exciting moment in the markets. But, for an objective guidance on future Fed actions, keep calm ... and follow market rates.
Updated: June 5, 2017The U.S. housing market has staged a significant rebound since prices bottomed in February 2012. Now, at least one measure of optimism has returned to the height of the bubble days. Some say not to worry because "the economy is in far better shape than a decade ago." Is today really different?
Updated: June 2, 2017Critics say President Trump's decision to withdraw from the Paris climate agreement dealt a setback to the global-warming cause. But, the evidence suggests that "global-warming fever" had already been cooling off. "Crowds often think their personal cause of the moment is a permanent issue. It almost never is."
Updated: May 31, 2017The demand for luxury tends to increase as a financial mania matures. One of the latest extravagant items weighs 33 pounds and is made of solid gold. Financial trend changes usually occur when they're least expected. Are you prepared?
Updated: May 19, 2017News about today's economy only talks about "growth." The true story this chart tells isn't reported nearly as often.
Updated: May 17, 2017Charts like this one show that markets can anticipate huge shifts in broad psychology: Another dangerous spike may be just around the bend.
Updated: May 4, 2017Toronto is the 4th largest city in North America and anchors a greater metropolitan region of nine million -- more than a quarter of Canada's entire population. A city this size is an ideal candidate to preview real estate trends in Canada and in the United States...
Updated: May 4, 2017Cash-strapped Puerto Rico is unable to meet its debt obligations as a key deadline passes. Investors in the Commonwealth's General Obligation Bonds have taken a big haircut. Other municipalities are next in line.
Updated: May 2, 2017See our global market charts that cover $18 TRILLION, inflation(?), and a truly bold forecast.
Updated: April 28, 2017Cash is the one asset that is almost sure to rise in value during a deflationary period. Yet, the "war on cash" has been escalating. Here's why you should start storing away plenty of cash.
Updated: April 28, 2017This humble chart shows REAL average weekly wages -- and why a bigger paycheck does NOT necessarily mean more purchasing power. See why purchasing power has been flat for a decade.
Updated: April 24, 2017Delinquencies have been increasing for subprime car loans. Yet, car dealers are unfazed and have been allowing buyers to "trade in underwater vehicles two or three times." The credit boom is reaching an extreme.
Updated: April 17, 2017According to the mainstream pundits, the long-awaited "Easter-egg hunt" of recovery in Europe's economy and stock markets is over! Optimism is off the charts. But it's what's ON our charts that warns caution.
Updated: April 17, 2017Despite positive economic data coming out of Europe, Brian Whitmer explains that the recovery is mediocre at best.
Updated: April 7, 2017The best time to prepare for a major financial change is before it happens. With that in mind, Elliott Wave International has been preparing subscribers for what we see around the corner by reviewing what has happened in the past regarding interest rates.
Updated: March 24, 2017You buy insurance for protection, but some insurance companies themselves might be at risk. You need to know which ones are safe. "A massive insurance company failure" just made the news.
Updated: March 13, 2017In February, the U.S. jobless rate fell to 4.7% as the economy added 235,000 non-farm payrolls. Some people attribute the economic improvement to the new president. Here's why the added jobs were anticipated well before the U.S. election.
Updated: March 8, 2017You may think that investing in gold differs from investing in stocks -- after all, gold is a commodity. Yet, the same investor psychology that moves stocks also moves gold.
Updated: March 7, 2017Robert Prechter's Conquer the Crash states: "The psychological aspect of deflation ... cannot be overstated." The manifestations of this psychology are already appearing. Learn where -- and how.
Updated: February 23, 2017U.S. debt is on the rise and could reach a milestone level sometime in 2017. Student debt has risen for 18 consecutive years, and subprime loans are a growing worry in another sector. See these charts to understand the threat.
Updated: February 22, 2017Here's a chart you won't see elsewhere: Bob Prechter's analysis and observations, depicted visually in the 70-year interest rate cycle. If the symmetry holds, it suggests that the time to come could include years of crisis, Deflation, Depression and possible World War.
Updated: February 21, 2017In 2016, the UK enjoyed its biggest credit boom ever, as consumers piled on debt hand over fist. Question: Is this really a sign of an economy running on all cylinders? Read our perspective today.
Updated: February 14, 2017Many recent survey respondents see clear skies ahead for the U.S. economy. But there's an important historic insight that investors need to know about today's economic optimism.
Updated: February 14, 2017We've all read about, heard about and watched the many negative political headlines from across the planet. If you're an investor, you have to wonder: What does it all mean for world trade and global markets? That question is too broad to answer with one graph or visual, but: We do have a chart to start the conversation.
Updated: February 13, 2017Greece's debt drama has returned to center stage. But global financiers are balking at another bailout. Meanwhile, Europe's banking system remains fragile. There's only one way "Europe's seemingly endless series of financial crises will end."
Updated: February 9, 2017What else is built into this TRILLION dollars of auto debt? Well, with a bubble there's always more. Click 'play' to see what we see...
Updated: February 8, 2017In 2016, the U.S. inflation rate rose from 1.4% in January to 2.1% in December, according to the U.S. Bureau of Labor Statistics. So, how did classic inflation hedges perform? Let's take a look at two.
Updated: February 8, 2017The Eurozone, led by Germany and France, is approaching inflation targets with overall inflation for Eurozone countries coming in near 1.8%, just a little below ECB's official 2% target. But looking below the surface, all may not be quite as it seems. Brian Whitmer, the editor of the European Financial Forecast, offers his take.
Updated: February 7, 2017News flash: The 2016 U.S. trade deficit was the largest since 2012, fueling President Trump’s fire to narrow the nation’s gap and bolster the economy. But this research shows historical evidence that suggests this approach could seriously backfire.
Updated: February 1, 2017U.S. shopping malls have seen better days. Now, foot traffic is dwindling. Major retailers are closing stores. One iconic retailer has just seen its share price touch fresh lows.
Updated: January 27, 2017Robert Folsom explains that a real honeymoon means a "happy couple" -- and so far, Donald Trump hasn't made his "bride" -- namely, the public -- happy.
Updated: January 25, 2017Even today, there are repercussions from the real estate lending boom that ended with the subprime mortgage crisis. In 2017, commercial mortgages are maturing, and some landlords face delinquency. Here's what that means for some bondholders.
Updated: January 25, 2017Pete Kendall, the co-editor of our flagship Financial Forecast, tells you how "it all began" for him at the New York Stock Exchange.
Updated: January 23, 2017Despite the Fed's stimulus efforts, inflation remains subdued. The trend in money velocity -- the rate at which money changes hands in the economy -- is not what one might expect during a bull market. One bond manager points to high-debt levels.
Updated: January 20, 2017Residential real estate prices in major global cities rebounded sharply during the current bull market, especially at the high-end. Now, real estate developers grapple with price deflation. At least one real estate indicator is flashing a bigger warning than it did in 2007.
Updated: January 17, 2017If you count on standard credit rating agencies for timely warnings, you might find yourself "behind the 8-ball." Time and again, downgrades have occurred after the damage has already been done. Now is the time to protect your portfolio.
Updated: January 6, 2017Day-trading in the stock market is all about the hope of making a fast buck. Today, the same psychology is at work in another financial arena. Hint: We've been here before.
Updated: January 5, 2017The fear of a European deflation among the Continent's financial authorities has almost melted away. Indeed, the majority of surveyed economists see an inflation jump just ahead. But, there's another way to look at the data.
Updated: December 27, 2016In part 2 of our in-depth interview with Steve Hochberg, Steve explains what else makes Elliott wave analysis so useful and practical.
Updated: December 23, 2016Steve Hochberg, our Chief Market Analyst, sits down with ElliottWaveTV to talk about his background, how he discovered the Wave Principle, and why "it's applicable to all markets."
Updated: August 24, 2016European Markets Expert Brian Whitmer sits down with ElliottWaveTV and stresses that investors are in a risk-on mindset, something we’ve seen “time and time again.”
Updated: July 29, 2016"The economy leads, and the stock market follows." This common assumption is easy to check -- all you have to do is look at the data.
Updated: June 24, 2016On Friday, June 24, the world awoke to an apparent new wind blowing out of Europe: The citizens of Great Britain voted to leave the European Union.
Updated: May 9, 2016The April U.S. jobs report reveals that fewer people are participating in the labor force. The oil industry has been hit particularly hard and shows what can happen to an entire economy when deflation dominates. See a chart of another sector that has seen a multi-year job decline.
Updated: May 4, 2016Brian Whitmer, one of our emerging markets experts, talks about the Puerto Rican debt crisis and explains why the country's recent default "was not a surprise" to him and others at EWI.
Updated: March 14, 2016DE-flation in Europe is a surprise only for those investors who've been expecting IN-flation, due to the European Central Bank's "uber-inflationary" QE and other stimulus measures. Our own Brian Whitmer explains more -- and highlights a historic opportunity.
Updated: February 1, 2016How could anyone have foreseen 10-15 years ago that marijuana would become the fuel for a legitimate and legal cannabis capitalism movement in the United States? Answer: Socionomics
Updated: November 13, 2015Brian Whitmer, our European Markets Expert, discusses deflation and its effect on European economies, as well as deflation in world-wide economies.
Updated: October 29, 2015The evidence is clear. The stock market leads the economy contrary to popular belief. Episode 2 of the Elliott Wave Pillars series walks you through the overwhelming evidence that proves this point without a doubt.
Updated: October 29, 2015The Elliott Wave Pillars Series walks you through why we view the markets and social action the way we do. You'll see compelling evidence that will help change how you view the markets.
Updated: October 14, 2015What is more likely: an asteroid hitting the earth or deflation? A famous hedge fund manager gives his opinion. You can review the evidence for yourself.
Updated: October 1, 2015Blaming the euro weakness on "negative inflation" -- or, deflation, if you call a spade a spade -- is a logical choice. After all, the euro did get weaker after the report. However, if you look at these EURUSD charts, you'll see that this weakness started days ago.
Updated: March 29, 2015Our Chief Market Analyst Steve Hochberg addressed why it the Dow priced in gold is important in this 3-minute clip.
Updated: March 28, 2015Answer: Deflation requires a precondition: a major societal buildup in the extension of credit. ...
Updated: March 28, 2015Answer: The U.S. government's Federal Deposit Insurance Corporation guarantee just makes things far worse, for two reasons. ...
Updated: November 26, 2014Interest rates, oil prices, earnings, GDP, wars, peace, terrorism, inflation, monetary policy -- NONE have a reliable effect on the stock market. Here's the conclusion of our 10-part series.
Updated: November 11, 2014The Fed runs the market. Right? Well, "see if you can tell on this chart where authorities intervened."
Updated: October 28, 2014This idea of gold as inflation hedge is practically gospel. This chart shows a major flaw in this theory.
Updated: October 22, 2014As bad news goes, terrorism is at the top of the list. Why then do stocks ignore these terrible events so often?
Updated: October 16, 2014"Peace lets companies innovate and compete, helping the economy." True -- and yet, stocks will go where they go.
Updated: October 6, 2014"Some economists say wars stimulate the economy; others say war hurts it." These 4 charts negate both cases.
Updated: September 12, 2014"GDP reflects corporate success. So do stock prices. So how could GDP not impact stocks?" -- Solid logic, and yet...
Updated: September 10, 2014"U.S. trade deficit seems to be a reasonable thing to worry about." This chart shows you why it's really not.
Updated: September 9, 2014"Rising oil prices reduce corporate and consumer spending, impacting stocks and the economy." Right? Wrong.