Are Successful Forex Traders Just REALLY Lucky?
In 2004, the former Federal Reserve Chairman Alan Greenspan compared successful currency traders to "winners of coin-tossing contests." Fair? No? You decide...
By Vadim Pokhlebkin
2/17/2012 2:30:00 PM
In 2004, the former Federal Reserve Chairman Alan Greenspan compared successful currency traders to "winners of coin-tossing contests." Fair? No? You decide...
Filed Under: Elliott Wave Principle, Elliott Wave trading, forex, forex trading, Greenspan, market forecasts, technical analysis, technical indicators, trading lessons, U.S. dollar, U.S. Federal Reserve (the Fed)
Category: Currencies
By Bob Stokes
8/5/2011 5:00:00 PM
External resistance to the Fed's policies is one thing. But the machinations of America's central bank are also encountering resistance from within the Fed itself, albeit "behind closed doors"...
Filed Under: Ben Bernanke, Robert Prechter, central banks, Elliott Wave Theorist, Greenspan, QE2, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Nathaniel Williams
6/14/2011 3:45:00 PM
The mainstream financial media almost always make the Fed out to be a group of all-powerful market magicians. This characterization isn't new. But is it accurate? For just one example, let's take a trip back to 1999...
Filed Under: Ben Bernanke, Campaign for Independent Thinking, central banks, Greenspan, market manipulation, real Dow, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Vadim Pokhlebkin
4/13/2011 2:45:00 PM
Our subscribers and free Club EWI members sometimes ask us questions about the U.S. Federal Reserve bank "supporting the stock market." It's not a surprising question. But here at EWI we are all about "visual aids," namely charts. Think back to the recent past (2008), and take a look at this excerpt from Bob Prechter's January 2011 Elliott Wave Theorist...
Filed Under: Ben Bernanke, fundamental analysis, Greenspan, Robert Prechter, quantitative easing, S&P 500, stock indexes, U.S. Federal Reserve (the Fed)
Category: Stocks
Understanding the Fed
EWI's free eBook explains the common and misleading myths about the U.S. Federal Reserve Bank
By Vadim Pokhlebkin
4/12/2011 6:00:00 PM
What exactly is the function of the Fed? If it's to help the U.S. economy grow steadily, then how come in 2007-2009 we had the biggest stock market crash in decades followed by "the Great Recession" and a worldwide financial crisis? For answers, let's turn to someone who has spent a considerable amount of time studying the Fed and its functions: EWI's president Robert Prechter. This is an excerpt from a free Club EWI eBook...
Filed Under: 1929 Stock Market Crash, bailouts, Ben Bernanke, Robert Prechter, Campaign for Independent Thinking, Elliott wave, Greenspan, hyperinflation, inflation, market crash, market manipulation, monetary policy, monetization, Robert Prechter, quantitative easing, Robert Prechter, social mood, Troubled Asset Relief Program (TARP), U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
4/1/2011 5:00:00 PM
The former Fed chairman criticized recent financial regulations and extolled the virtues of a free market; yet Greenspan's essay included a phrase that many commentators latched onto (and laughed about), namely...
Filed Under: central banks, Greenspan, investor psychology, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Susan C. Walker
1/26/2011 4:30:00 PM
The Financial Crisis Inquiry Commission spreads the blame around for what it calls the "avoidable" 2008 financial crisis. But two Fed chairmen get tarred by the same brush for their role in fostering it and not recognizing it soon enough.
Filed Under: Ben Bernanke, central banks, Greenspan, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Alan Hall
2/19/2009 4:15:00 PM
Bull market heroes become bear market scapegoats. Every hero and hero-wannabe should internalize this socionomic understanding and never forget it. For example, the large-degree shift in social mood that is driving the current bear market is also transforming Former Federal Reserve Chairman Alan Greenspan -- formerly known as the Maestro and "the savior of the world" -- into “The Master of Disaster”...
Filed Under: Greenspan, Bear market
Category: Cultural Trends
By Nico Isaac
4/9/2008 4:30:00 PM
No one said it was going to be easy. But this is ridiculous. In order to stay on the trail of the U.S. Treasury market, the powers that be have one word of advise: FOLLOW the mainstream “experts.” What they don’t tell you is: The path the “experts” blaze has more switchbacks than San Francisco’s famed Lombard Street.
Filed Under: U.S. Treasuries, U.S. Federal Reserve (the Fed), Greenspan, Federal Open Market Committee (FOMC)
Category: Interest Rates
By Robert Folsom
3/6/2008 6:00:00 PM
The Economist magazine published a favorable review today of a book about the housing market crisis, and one comment from the review kind of jumped off the page: "The story has no single villain, but Alan Greenspan comes close. Under him, the Federal Reserve fuelled the housing boom by sharply cutting the cost of short-term money." So, from "Maestro" to "Villain" -- how's that for a reversal of fortune?
Filed Under: U.S. Federal Reserve (the Fed), U.S. Federal Reserve (the Fed), Greenspan, personal finance, recession, Wall Street
Category: U.S. Economy
By Susan C. Walker
12/12/2007 5:30:00 PM
Here's a tribute to the Grinch Who Stole the Economy, Alan Greenspan, who wrote about the credit crunch in a commentary piece today: "The crisis was thus an accident waiting to happen."
Filed Under: Greenspan
Category: U.S. Economy