All Entries Tagged With: "robert prechter"
Efficient Market Hypothesis: R.I.P.
By Elliott Wave International Of all the belief systems of Wall Street, few can claim the devoted following of the Efficient Market Hypothesis, the idea that stock prices adhere to the same laws of supply-and-demand that govern retail products. Once coined the theoretical “Parthenon” of economics, this notion has consistently endured the test of time [...]
Slicing the Neckline: A Classic Technical Pattern Agrees with the Elliott Wave Count
By Elliott Wave International In the August issue of his Elliott Wave Theorist, market forecaster Robert Prechter alerted readers that the U.S. stock market was slicing the neckline of a classic head-and-shoulders pattern in technical analysis, and that this may send the market into critical condition. Prechter said that when the Elliott wave count and [...]
Deflation: First Step, Understand It
There is still time to prepare if deflation is indeed in our future. By Elliott Wave International “Fed’s Bullard Raises Specter of Japanese-Style Deflation,” read a July 29 Washington Post headline. When the St. Louis Fed Chief speaks, people listen. Now that deflation — something that EWI’s president Robert Prechter has been warning about for [...]
Quadrillion Dollar Debt: ‘Day of Reckoning’ Looms
What Will Happen as $1,000,000,000,000,000 in Global Debt Winds Down? By Elliott Wave International The biggest balloon in the world is deflating. This balloon had been inflated with a quadrillion (1015) dollars, which is to say: This balloon was filled not with air but with debt from around the globe. What will happen as this [...]
Discover The Biggest Threat To Your Money Right Now
If inflation is a quiet thief, then deflation is an armed burglar. You wouldn’t invite either into your home, yet chances are that one of the two is stealing your money right now. Elliott Wave International, the world’s largest market forecasting firm, has just released a free report that reveals which of these threats you [...]
Making Sense of Today’s Choppy Market
In less than three months, and not even counting the past few days, the Dow has had six big swings averaging more than 1,000 points each — one of them occurred in a single day. Altogether, like a cross-country caravan, the Dow traversed more than 7,000 points within a 1,600-point range. And you thought the [...]
The Bear Market and Depression: How Close to the Bottom?
By Elliott Wave International While many people spend time yearning for the financial markets to turn back up, a rare few have looked back in time to compare historical markets with the current situation — and then delivered a clear-eyed view of the future informed by knowledge of the past. One who has is Robert [...]
