Category: Economy

Bernanke is at it again. His printing press is at work to create another 600 billion dollars. Bernanke declared the Economy needs it. The rationale is that if the government has more money coming from the FED, they can spend it and this Keynesian spending can jump start the economy. The assumption is that this… Read more Can The FED Save The U.S. Economy?

The world’s foremost Elliott wave expert Robert Prechter goes “behind the scenes” on the Federal Reserve Bank November 25, 2010 By Elliott Wave International The ongoing financial crisis has made the central bank’s decisions — interest rates, quantitative easing (QE2), monetary stimulus, etc. – a permanent fixture on six-o’clock news. Yet many of us don’t… Read more Understanding the Federal Reserve Bank

FED is getting ready to print more money to stimulate the economy. Total bank credit has stopped expanding. Total debt, which is principal + interest, is more than the money supply, which is principal only. As the shortage of US dollars forces foreclosures and bankrutpcies, FED and the government is cherry picking favored ones to… Read more The Deflationary Spiral

The total outstanding debt in the world is approaching record levels. Most are preparing for inflation thinking that central banks will be printing money to pay the debt. What if someone told you inflation is not the immediate danger, but deflation is? Why? Because our money supply is not printed money. It is debt. When… Read more Day of Reckoning: Deflationary Depression is Near

By Elliott Wave International There has been a lot of debate about what the government is doing to stave off a so-called double-dip recession. Some say it will cause runaway inflation; others say it’s simply delaying the inevitable. The man you’ll hear from below says DEFLATION is the true concern. It’s true that Robert Prechter… Read more Can The Government Prevent Double-Dip?

By Elliott Wave International Telegraph.go.uk, May 26: "US money supply plunges at 1930s pace… The M3 money supply in the U.S. is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history." Deflation is suddenly in the… Read more Deflation: How To Survive It

By Elliott Wave International As the world's leading stock markets continue to play stomach-hockey with investors via one triple-digit turn after another, the mainstream community takes solace in this core belief: No matter how uncertain things become, the Federal Reserve can at any moment swoop in to set the economy right. In reality — the… Read more The Federal Reserve Does NOT Control the Market

By Editorial Staff, Elliott Wave International The following market analysis is courtesy of Bob Prechter's Elliott Wave International. Elliott Wave International is currently offering Bob's recent Elliott Wave Theorist, free. Continuing—and Looming—Deflationary Forces The Fed and the government quite effectively advertise their efforts to inflate the supply of money and credit. But deflationary forces, to… Read more Signs of Deflation You Might Not be Able to See Clearly

By Editorial Staff In 2002, Elliott Wave International's president Robert Prechter published his New York Times and Wall Street Journal business best-seller Conquer the Crash, a prescient book that explained why a financial crisis was inevitable and predicted almost exactly how it would unfold. Now in the 2nd edition, Conquer the Crash remains a very… Read more Enjoy 8 Free Chapters from Robert Prechter’s Conquer the Crash

By Elliott Wave International In the November 2009 issue of Elliott Wave International's monthly Elliott Wave Financial Forecast, co-editors Steven Hochberg and Peter Kendall published a careful study of Goldman Sachs history — and made a sobering forecast for its future. In this special three-part series, we will release the entire Special Report to you… Read more Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part III

By Vadim Pokhlebkin April 16, (Reuters) – Goldman Sachs Group Inc was charged with fraud on Friday by the U.S. Securities and Exchange Commission in the structuring and marketing of a debt product tied to subprime mortgages. Shocked? Most of the subscribers to Elliott Wave International's monthly Elliott Wave Financial Forecast probably weren't. In the… Read more Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part 1

By Editorial Staff This is an excerpt from Elliott Wave International's free Club EWI resource, "What Can a Fractal Teach Me About the Stock Market?" by EWI's president Robert Prechter. In the 1930s, Ralph Nelson Elliott described the stock market as a fractal — an object that is similarly shaped at different scales. Scientists today… Read more The Stock Market Is Patterned — Here’s Proof

Enjoy your 8 free chapters from Prechter’s Conquer the Crash — the book that foresaw what others have missed. March 16, 2010 By Editorial Staff There is no question that Robert Prechter’s Conquer the Crash foresaw and explained nearly every chapter of today’s financial crisis, years before it happened. Enjoy your 8 free chapters from… Read more What To Do With Your Pension Plan

The following article is an excerpt from Elliott Wave International's free Club EWI resource, "The Guide to Understanding Deflation. Robert Prechter's Most Important Writings on Deflation." The Primary Precondition of Deflation Deflation requires a precondition: a major societal buildup in the extension of credit. Bank credit and Elliott wave expert Hamilton Bolton, in a 1957… Read more Surviving Deflation: First, Understand It

By Editorial Staff Government debt is no longer just a problem for emerging countries. Portugal, Spain, France and Greece (as we have seen in recent weeks) are living in fear of credit default. Consequently, the value of their credit default swaps is skyrocketing. The following is an excerpt from the February issue of Global Market… Read more More Credit Default Swaps Means Trouble for European Debt

By Editorial Staff Investor expectations are decidely bullish right now, and many people expect an economic turnaround this year. What do the underlying economic conditions suggest? The Chinese mall "The Place" demonstrates the contrast between investor hope and economic reality. The following is an excerpt from the February issue of Global Market Perspective. For a… Read more What Chinese Malls Tell Us about the Economic Reality