Bob Prechter « Elliott Wave Trading

What Does NOT Move Markets? Examining 8 Claims of Market Efficiency

If everyone says that shocks from outside the financial system — so-called exogenous shocks — can affect it for better or worse, they must be right.

It just sounds so darned logical, right? Economists believe this trope to be true, mainly because they believe that investors are rational thinkers who re-evaluate their positions after every [...]

Surviving Deflation: First, Understand It

Deflation is more than just “falling prices.” Robert Prechter explains why.
February 26, 2010
By Editorial Staff

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 [...]

Bob Prechter Points Out The Many Signs Of Deflation Yes, You Heard Us Right

Everywhere you look, the mainstream financial experts are pinning on their “WIN 2″ buttons in a show of solidarity against what they see as the number one threat to the U.S. economy: Whip Inflation Now.

There’s just one problem: They’re primed to fight the wrong enemy. Fact is, despite ten rate cuts by the Federal Reserve [...]