By Bob Stokes
5/2/2012 4:30:00 PM
What a way to kick off May: the Dow Industrials close at a four-year high and three icons of the 1990s bull market basically say we've only just begun. Is investor psychology too optimistic?...
Filed Under: Dow Industrials, Elliott wave, financial forecast, herding, investor psychology, market forecasts, monetary policy
Category: Stocks
By Nico Isaac
4/20/2012 5:30:00 PM
It’s been over two years since the European Central Bank began its open-heart surgery of the eurozone's anemic economy. So far, the procedure has included an unprecedented $3 trillion-plus in bailouts, monetary transfusions, AND toxic debt transplants. Yet, according to a recent slew of discomforting news reports, the economies across the pond would still flatline in seconds without constant life support.
Filed Under: bailouts, banks, central banks, Club EWI, credit crisis, debt, debt crisis, europe, european central bank, European debt crisis, eurozone, monetary policy
Category: European Markets
London Prices Falling Down, Falling Down: What Inflation?
EWI's European Financial Forecast has a mountain of evidence proving that the looming threat in Europe is not inflation.
By Nico Isaac
4/17/2012 3:15:00 PM
Despite what you may have heard about ever-higher prices on High Street -- London's equivalent of the shopping nexus Rodeo Drive -- the real numbers do NOT lie: Since topping in late 2011, both Britain's Retail Price Index and Consumer Price Index have fallen to multi-year lows. Today, we present a "mountain of evidence" against the growing legion of Europe's die-hard inflationists.
Filed Under: Bank of England, central banks, europe, european markets, inflation, Interest Rates, monetary policy
Category: European Markets
By Bob Stokes
3/29/2012 2:45:00 PM
Robert Prechter's emphasis on financial safety served subscribers well in the 2007-2009 financial crisis. We anticipate that a financial safety plan will be of greater benefit during a time of economic chaos ahead. But where can you keep your assets safe? Learn more...
Filed Under: conquer the crash, credit crisis, credit rating, debt crisis, deflation, economic depression, Elliott Wave Theorist, liquidity, monetary policy, risk management, Robert Prechter, safe haven, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
12/23/2011 4:45:00 PM
Many people say that the Federal Reserve will just keep "printing money." But to say that the government will just keep "stimulating" is to ignore the simple truth that institutions consist of people. Even people in authority come under the influence of prevailing psychology -- which today is one of increasing...
Filed Under: Ben Bernanke, debt crisis, deflation, Elliott Wave Theorist, great depression, monetary policy, monetization, QE2, quantitative easing, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
12/15/2011 5:30:00 PM
After reading this, you may wonder how healthy the "economic recovery" really is...
Filed Under: banks, debt downgrade, deflation, Federal Open Market Committee (FOMC), Interest Rates, monetary policy, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
12/6/2011 5:15:00 PM
Even though the economy remains weak, the Fed has not announced additional quantitative easing. Has the central bank reached its monetary and political limit?...
Filed Under: banks, central banks, deflation, inflation, monetary policy, monetization, quantitative easing, social mood, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
11/16/2011 4:45:00 PM
Is this the point where Bernanke can no longer use Fed policy to "inflate at will"? Well, Robert Prechter says something "momentous" happened on September 21, 2011...
Filed Under: Ben Bernanke, central banks, deflation, inflation, monetary policy, QE2, quantitative easing, Robert Prechter, stimulus package, Treasury bonds, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Gary Grimes
11/11/2011 3:45:00 PM
In 1999, 11 European countries surrendered their currencies for the euro and a shared monetary authority. But as the world applauded, EWI forecast that those countries had also sealed a shared fate: to eventually collapse together in a liquidity-driven deflationary spiral.
Filed Under: euro, eurozone, monetary policy
Category: European Markets
By Bob Stokes
10/28/2011 4:30:00 PM
Stories of her frugality are legendary: she traveled in an old carriage, bought broken cookies in bulk because they were less expensive, and reportedly spent half a night looking for a lost two cent stamp. But the most extreme example of her pathological stinginess relates to...
Filed Under: Ben Bernanke, Robert Prechter, central banks, deflation, history, monetary policy, stimulus package, Troubled Asset Relief Program (TARP), U.S. Federal Reserve (the Fed), Wall Street
Category: U.S. Economy
Robert Prechter Explains The Fed, Part III
The world's foremost Elliott wave expert goes "behind the scenes" on the Federal Reserve
By Vadim Pokhlebkin
10/10/2011 11:30:00 AM
This is Part III, the final part of Elliott Wave International's series "Robert Prechter Explains The Fed: The world's foremost Elliott wave expert goes 'behind the scenes' on the Federal Reserve."
Filed Under: Club EWI, deflation, inflation, monetary policy, monetization, quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed), U.S. Treasuries
Category: U.S. Economy
Robert Prechter Explains The Fed, Part I
The world's foremost Elliott wave expert goes "behind the scenes" on the Federal Reserve
By Vadim Pokhlebkin
9/30/2011 2:15:00 PM
The ongoing economic problems have made the central bank's decisions -- interest rates, quantitative easing, monetary stimulus, etc. -- a permanent fixture on six-o'clock news. Yet many of us don't truly understand the role of the Federal Reserve. For answers, let's turn to someone who has spent a considerable amount of time studying the Fed and its functions: EWI president Robert Prechter. Today we begin a 3-part series...
Filed Under: Club EWI, deflation, Elliott wave, gold futures, monetary policy, monetization, quantitative easing, Robert Prechter, U.S. dollar, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
8/17/2011 11:15:00 AM
While he "stared down" that financial crisis, even J.P. Morgan would be no match for today's national debt. In 1907, the Wall Street legend gathered New York City's biggest bankers into his office and demanded that they had 10 minutes to...
Filed Under: central banks, conquer the crash, economic depression, history, monetary policy, New York Stock Exchange (NYSE), quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
8/2/2011 5:45:00 PM
During the past few years, the federal government followed Keynes' script by trying virtually everything it could to fix our weak economy. And what did we get in return?...
Filed Under: bailouts, central banks, Federal Deposit Insurance Corporation (FDIC), gross domestic product (GDP), monetary policy, quantitative easing, Robert Prechter, stimulus package
Category: U.S. Economy
By Bob Stokes
7/29/2011 5:00:00 PM
The Fed's easy money campaign has defined the front line of that "war on credit." The problem is that it just hasn't worked...
Filed Under: Robert Prechter, Elliott Wave Theorist, housing prices, monetary policy, QE2, quantitative easing, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Bob Stokes
7/22/2011 2:45:00 PM
Some in the financial media argue that QE2 worked because the Fed has prevented a Japanese-like deflation. But is inflation alive and well? Keep the above chart in mind as you read...
Filed Under: Ben Bernanke, central banks, deflation, monetary policy, QE2, quantitative easing, Robert Prechter, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Vadim Pokhlebkin
7/7/2011 2:00:00 PM
At EWI's Message Board, our subscribers and free Club EWI members ask us great questions daily. Here's a recent one: "Doesn't the U.S. Treasury's looming extension of the U.S. debt limit even higher than it is today mean more pressure on the dollar?" The question refers to a hot political issue: whether to raise the U.S. debt ceiling to yet another record high (over $14 trillion). That's a staggering figure, hence the question...
Filed Under: Elliott Wave trading, euro, forex trading, investor psychology, monetary policy, technical analysis, U.S. dollar, U.S. Treasuries
Category: Currencies
By Bob Stokes
6/30/2011 4:15:00 PM
The build-up of credit in our financial system is beyond rare; it's unprecedented in at least the past 100 years of U.S. history. See the chart...
Filed Under: consumer credit, credit crisis, credit rating, deflation, Elliott Wave Theorist, great depression, gross domestic product (GDP), history, monetary policy, Robert Prechter, safe haven
Category: U.S. Economy
By Vadim Pokhlebkin
6/28/2011 5:15:00 PM
You may remember the event that dominated last week's U.S. economic calendar: the June 22 Federal Reserve's interest rates announcement followed by Ben Bernanke's press-conference. In a credit-based economy that revolves around lending and borrowing, interest rates are a hugely important component of the overall economic picture. So it's no wonder that Wall Street and Main Street both pay close attention to the Fed's interest rates decisions. But the fact is that the Fed is no more in charge of interest rates than it is of the weather. See this chart...
Filed Under: Ben Bernanke, central banks, Federal Open Market Committee (FOMC), monetary policy, Robert Prechter, stimulus package, Treasury bills (T-bills), Treasury bonds, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
What Will Happen to the Stock Market When QE2 Ends?
Club EWI's free "Independent Investor eBook, 2011 Edition" offers you an unorthodox view of the Fed's quantitative easing program
By Vadim Pokhlebkin
6/27/2011 12:00:00 PM
Club EWI's free "Independent Investor eBook, 2011 Edition" offers you an unorthodox view of quantitative easing and its "effects" on stocks and the economy...
Filed Under: Ben Bernanke, Elliott wave, Federal Open Market Committee (FOMC), liquidity, market manipulation, monetary policy, monetization, Robert Prechter, QE2, quantitative easing, Robert Prechter, stimulus package, U.S. Federal Reserve (the Fed)
Category: Stocks