For 43 straight years, a long-term measure of stock market advisor sentiment has remained bullish — surviving the 1987 crash, the dot-com collapse and even the 2008 financial crisis.
But now, Robert Prechter is watching an important change.
See what caught his attention — and why this extraordinary 43-year streak matters now.
Watch it now:
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Robert R. Prechter Founder and President, Elliott Wave International
Robert Prechter’s name is familiar to market observers the world over. Prechter has shared his market insights in The Elliott Wave Theorist since founding Elliott Wave International in 1979. Prechter developed a theory of social causality called socionomics, whose main hypothesis is that endogenously regulated waves of social mood prompt social actions. In brief, events don’t shape mood; mood shapes events. Prechter has co-authored several academic papers and written 20 books on finance and socionomics, including a New York Times bestseller. You can find a full bio at www.robertprechter.com.
