John Lekas, senior portfolio manager for the $320 million Leader Short-Term Bond Fund, says the “real” unemployment number, or U-6, could surge as high as 25% by the middle of 2010. Read more...
Surviving Deflation: First, Understand It
March 1, 2010 By Leave a Comment
Deflation is more than just “falling prices.” Robert Prechter explains why. 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: Read more...
More Credit Default Swaps Means Trouble for European Debt
February 26, 2010 By Leave a Comment
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 Perspective. For a limited time, you can visit Elliott Wave Read more...
Wall Street Hit by Drop in Consumer Confidence
February 23, 2010 By Leave a Comment
By Leah Schnurr NEW YORK (Reuters) – U.S. stocks suffered their biggest one-day decline in nearly three weeks on Tuesday after a sharp drop in consumer confidence heightened worries over one of the most vulnerable areas of the economy. Consumer confidence in February slumped to a 10-month low as the short-term outlook on jobs worsened. Results from retailers added little hope, as Read more...
Healthy Expansion Under Way, Say Economists
February 22, 2010 By Leave a Comment
Forecasters expect economic recovery to continue adding jobs, growth at least into 2011 By Dave Carpenter, AP Business Writer, Monday February 22, 2010 CHICAGO (AP) — Economists expect the recovery to remain “firmly on track” over the next two years though job growth is likely to remain slow, according to a new survey. The latest outlook from The National Association for Read more...
Europe’s Return to Risky Investment
February 19, 2010 By Leave a Comment
By Editorial Staff Over 100 banks are opening soon, buying junk bonds is gaining popularity and emerging markets are the trendy investment. Sound familiar? Europe appears to be returning to some bad investment habits. The following is an excerpt from the February issue of Global Market Perspective. For a limited time, you can visit Elliott Wave International to download the rest of the 100+ Read more...
Bob Prechter Points Out The Many Signs Of Deflation
February 18, 2010 By Leave a Comment
Yes, You Heard Us Right By Nico Isaac 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 Board to Read more...
Gridlock: Is the country governable?
February 17, 2010 By Leave a Comment
From the New York Times: Mr. Bayh, the centrist Democrat from Indiana, lodged his complaint about excessive partisanship and Congressional gridlock on Monday by way of explaining his decision not to seek re-election. But he is hardly alone in sounding an alarm about the long-term budgetary outlook, which has Medicare, Medicaid and Social Security costs growing at unsustainable rates and an Read more...
Free Charts & Analysis for Every Major World Market: 100+ Pages
February 16, 2010 By Leave a Comment
Get 100+ Pages of FREE Charts & Analysis for Every Major World Market Once each year or so, our friends at Elliott Wave International do something unheard-of in the world of financial analysis – they give it away for free! But it always ends soon after it starts, so your time to get more than 100 pages of free analysis and forecasts on every major world market is running out. This time Read more...