The stock market is near record highs, yet consumer sentiment has plunged to an all-time low.
In a recent issue of The Elliott Wave Theorist, Robert Prechter shared “One Crazy Chart” that reveals this extraordinary disconnect.
What could it mean for investors? Watch the video to find out.
What Else Is Robert Prechter Watching?
“One Crazy Chart” is just one example of the thought-provoking research and independent perspective you’ll find in The Elliott Wave Theorist.
For more than 45 years, Prechter has challenged conventional thinking and explored the financial and social trends shaping our world.
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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.
