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CATEGORY: CULTURAL TRENDS Return to Free Updates Home Page

2010 Academy Awards: Why Did Such Negative Characters Win?
Best Supporting Actor and Actress Take the Gold for Dark Performances

by Alexandra Lienhard
3/18/2010 2:15:00 PM

This year's Academy Awards was a jarring mix of glam and glum, starting with the contrast between the ultra-elite posing on the red carpet and the array of down-and-dirty films that walked away with the coveted golden statues.

Filed Under: social mood, socionomics, oscars, Academy Awards
Category: Cultural Trends


Why Is Radical Islam Becoming More Moderate?
The stock charts and magazine covers explain why.

by Nathaniel Williams
3/8/2010 9:15:00 AM

"Radical Islam Is a Fact of Life. How to Live With It," proclaimed Newsweek magazine one year ago on the cover of its March 2, 2009, issue. Its recent Feb. 22, 2010, cover sang a different song, though: "How bin Laden Lost the Clash of Civilizations: The Untold Story of the Triumph of Muslim Moderation." What happened in the space of one year?

Filed Under: Islam, middle east
Category: Cultural Trends


"Anger in the Air"
What Will Follow?

by Editorial Staff
2/3/2010 4:45:00 PM
Pessimism On Display, Politically and Financially:
Dare We Ask, "What Could Follow?"
Filed Under:
Category: Cultural Trends


Tea Party: Bright Future Ahead?
For a socionomist, the emergence of the tea party movement is not a surprise.

by Vadim Pokhlebkin
1/5/2010 3:00:00 PM

The tea party movement is gathering momentum across the United States. Could anyone have envisioned that several years ago? One man did. Read these amazingly prescient socionomic forecasts for the coming bear market by Robert Prechter.

Filed Under: tea party, third party, libertarians, prechter, socionomics, big government, high taxes, socialism
Category: Cultural Trends


In Defense of Ebenezer Scrooge
Again I go where no "contrarian" may have gone before

by Robert Folsom
12/24/2009 11:45:00 AM

Simply say the word and there's no explanation necessary. "Scrooge." It's often a playful insult, but when spoken seriously you know what it means...

Filed Under:
Category: Cultural Trends


Popular Culture and the Stock Market

by Editorial Staff
12/11/2009 11:15:00 AM

Both a study of the stock market and a study of trends in popular attitudes support the conclusion that the movement of aggregate stock prices is a direct recording of mood and mood change within the investment community, and by extension, within the society at large. It is clear that extremes in popular cultural trends coincide with extremes in stock prices, since they peak and trough coincidentally in their reflection of the popular mood.

Filed Under: fashion, movies, music, popular culture, socionomics, stock market
Category: Cultural Trends


Climate Change: Not Exactly Front-Page News Any More
Why has the Copenhagen Climate Summit been such a "quiet" event, so far?

by Vadim Pokhlebkin
12/10/2009 3:15:00 PM

The ongoing Copenhagen Climate Summit potentially the most important climate change event of this decade. Yet it's hardly been the top story in the news. Why? Here's an answer from the perspective of socionomics, Bob Prechter's new science of social prediction.

Filed Under: Copenhagen Climate Summit, climate change, global warming, peak oil, Robert Prechter, socionomics
Category: Cultural Trends


The Hidden Engine of the Eugenics Movement
A history lesson in social control

by Alan Hall
11/18/2009 2:15:00 PM
The eugenics movement began during a bull market in the late 1800s. At first, it gained respect among many in the upper and educated classes with the premise that the human race can improve itself by controlling who can procreate. But like a societal version of Dr. Jekyll and Mr. Hyde, a later succession of bear markets morphed eugenics into a rationale for genocide.
Filed Under: Eugenics movement, socionomics, overpopulation, climate change, environmentalism, waves of social mood
Category: Cultural Trends


VIDEO: How Social Mood Trends Define Popular Culture

by Neil Beers
11/17/2009 4:30:00 PM

In the following two clips from The Socionomics Institute's documentary History's Hidden Engine, you'll see clearly that extremes in popular cultural trends coincide with extremes in stock prices, since they peak and trough coincidentally in their reflection of the popular mood.

Filed Under: social mood, social trends, socionomics, music, movies, Disney, popular culture
Category: Cultural Trends


It's Not Science Fiction, Isaac, it's Socionomics

by Neil Beers
11/17/2009 1:00:00 PM
In the 1940s, renowned science fiction writer Isaac Asimov began writing a trilogy of novels called the Foundation Series. Asimov’s protagonist discovers and develops “psychohistory,” a mathematical science that statistically predicts the general course of future events for large groups of people.
 
As it turns out, Asimov’s idea was actually science, minus the fiction. In the 1930s, a decade prior to Asimov's initial Foundation stories, Ralph Nelson Elliott made a discovery that became key to the development of socionomics, a new science of social prediction.
Filed Under: socionomics, socionomist, wars, social mood, Isaac Asimov, psychohistory
Category: Cultural Trends


Pig Humor No Laughing Matter

by Neil Beers
10/14/2009 9:30:00 AM
An article in the University of North Carolina's Daily Tar Heel, “Swine Flu Humor Infects Universities Nationwide,” reminds one of the epidemic disease study in the May and June Socionomist, especially what it said about today’s historic complacency toward epidemic disease.
Filed Under: swine flu, disease, social mood, socionomics, socionomist
Category: Cultural Trends


Bread and Circuses
Tree Huggers are (Usually) Lousy Traders

by Jeff Reckseit
9/16/2009 5:00:00 PM

It’s nothing new to compare today's Western Civilization to the Decline and Fall of the Roman Empire.  Writers have observed the parallels for years, and for good reason:  currency depreciation, the deterioration of morality, the character of government, and more. 

Filed Under: currency depreciation, NFL, American Idol, Cash for Clunkers, trading, PBR
Category: Cultural Trends


They Could Have Shot Any of Us
The drug war brings danger to everyman’s doorstep

by Alan Hall
9/4/2009 2:15:00 PM

Imagine that you've gone to a local convenience store to withdrawn money from an ATM. You walk back out, get in your car and begin backing up... when a black Cadillac SUV pulls next to you. A man jumps out and stands in front of your car. He's pointing a gun. He's yelling. You're frightened. You want to escape. What would you do?

Filed Under: Drug War, Law Enforcement, Police shooting, social mood, fear and anger
Category: Cultural Trends


Who Would've Guessed? Mexico Decriminalizes Marijuana

by Neil Beers
8/25/2009 10:30:00 AM

Mexico has taken an important step in fulfilling a forecast from the July 2009 Socionomist: President Felipe Calderón just approved a law that decriminalizes small-scale possession of several different drugs.

Filed Under: cultural trends, Drug War, Marijuana, socionomics, socionomist
Category: Cultural Trends


Swine Flu: Is Another "Wave" Still Ahead?
EWI's Message Board is a free resource to get your questions answered by EWI and Socionomics Institute's experts.

by Vadim Pokhlebkin
7/16/2009 1:45:00 PM
At EWI's Message Board, readers ask us dozens of questions, daily. We try and answer everyone, and the best Q&As we publish for all to see. Here is an interesting question about swine flu that just came in...
Filed Under: swine fu, h1n1, epidemic, world health organization
Category: Cultural Trends


Mexican Violence and the Stock Markets
Plugging your ears won't make it go away

by Euan Wilson
7/15/2009 6:30:00 PM

More than 10,000 people have died violently in less than two years. A single city has seen over 1,000 murders in only seven months. Today the conflict is more deadly than Iraq and Afghanistan. And it is right on our doorstep.

Filed Under: Mexico, Drug War, Marijuana, Violence, Conflict
Category: Cultural Trends


Climate Change Debate: Why So Many Skeptics?
And why only NOW?

by Vadim Pokhlebkin
7/7/2009 4:45:00 PM

Have you noticed that the number of skeptics about global warming is on the rise? We at Elliott Wave International are no climate experts, so we won't take sides. Market timing is our expertise, and to us, the most interesting question is: Why is this change happening now? Here's a socionomic answer.

Filed Under: global warming, climate change, Commodities, cap-and-trade, market timing, social mood
Category: Cultural Trends


It's Official: Swine Flu Is a Pandemic
The "quiet epidemic" is back.

by Vadim Pokhlebkin
6/11/2009 2:30:00 PM

"WHO declares first 21st century flu pandemic," reads a June 11 headline. To us here at Elliott Wave International, what continues to be most interesting is the timing of the swine flu outbreak. As we've reported before, disease epidemics are hardly random. Historically, they occur at specific moments in human history: when social mood is at a low.

Filed Under: swine flu, h1n1, epidemic, pandemic, social mood
Category: Cultural Trends


Social Mood, Stocks and Epidemics
As prices fall, susceptibility rises

by Alan Hall
5/11/2009 4:45:00 PM

As measured by the stock market, we recently completed a large wave in a powerfully-negative social-mood trend. It bottomed amid extremely pessimistic sentiment. Social stress reached higher levels than it has in decades. Soon after, H1N1 swine flu erupted and came right to the edge of being a pandemic. If this was the only such instance of disease breaking out after a social-mood decline, it might be coincidence, but there are numerous examples in the historical record.

Filed Under: socionomist, swine flu, disease, epidemic, pandemic, social mood
Category: Cultural Trends


"The Changes No One Else Sees Coming"
Put bluntly, it's the ability to separate the facts from the B.S., to distinguish the cause from the effect.

by Robert Folsom
5/8/2009 5:15:00 PM

Huge changes are happening already. And they are drastic in ways the overused political slogans never expected. Yet if anything, the political talk you now hear about "change" and the "public mood" are in fact pages from our playbook...

Filed Under:
Category: Cultural Trends


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IN THE MEDIA
Browse Recent Media Articles that Mention EWI or Feature EWI Analysts

As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.
 
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.