New Edition of Bob Prechter's Conquer the Crash Now Available

The second edition of Robert Prechter's Conquer the Crash includes 188 new pages of real-time commentary on markets and the mounting prospects for deflation -- rather than inflation -- to become the true threat to the U.S. economy. It includes the entire original edition, word for word, which is as relevant as the day it first published.

Bears in Hibernation
Fundamental analysis has a poor track record of predicting downturns.

Recession -- or a Slowly Developing Depression with Rallies?
This employment chart tells no lies

Optimism about the U.S. economy is the new cool. So why do we still see a depression ahead?

A Bull Market That Lasts Forever?
Robert Prechter's research proves the idea of feedback loops "untenable."

the absolute majority of analysts and investors see recent economic improvements as positive for the stock market. They even say that there are "feedback loops" between the two: As the economy improves, stocks rise; as stocks rise, the economy improves -- and round and round they go. But his idea is "untenable," says Bob Prechter of Elliott Wave International.

Depression Chic
You got through this much of the crisis. Now what?

Hundreds of thousands have lost their homes. Millions have lost their jobs. And yet when you read and hear the “news”,  you could get the impression that this “slow-down” is a mere inconvenience.

Steep Yield Curve: Sign of Economic Recovery?
A closer looks at the steepening bond yield curve reveals why "this time, it's different."

The recent sell-off in the 30-year US Treasury bond has created a very steep yield curve that, in normal times, would seemingly help stimulate increased borrowing, lending and economic activity. Buttoday’s times are anything but normal. Let's examine what the yield curve is really telling us now.

Crude Oil: Is the Bull Market In Black Gold Back?

Over the last year, the fundamental experts have changed the "rules" of the game regarding Crude Oil quite often. Back in 2008, as prices rallied to never before seen heights, they delegated black gold to official "Safe Haven" duty. After oil took a flying leap DOWN from their mid-2008 peak, the experts renamed the game: Oil, once the VICTOR of recession, was now its greatest VICTIM.

In The Long Term: Will GOLD Keep You Safe?

Mainstream financial wisdom states: He who invests in GOLD shall avert the pain of economic uncertainty and unrest. So, is there really a "golden" lining to the current economic crisis? Don't guess. Know...

Update: Today is Not Like 1929! No, It's Worse

Ben Bernanke says that today's current economic and financial woes don't compare with the Great Depression in the late 1920s and 1930s. Too bad he can't see what Bob Prechter sees – that today's problems are actually worse.

3 Things You Could Have Known 1 Year Ago
Plus 1 Prediction Today for Our Financial Future

It's a sign of hard-fought wisdom when you hear yourself say, "If only I knew then what I know now." In fact, many of us are saying to ourselves right now, "If only I knew a few months ago that the stock market would turn so bearish…"

Cotton: Futures Forerunner

There's a Big Reason To Keep Your Eye on Silver

Watching a market like silver rise or fall dramatically does take the breath away.Yet Bob Prechter has explained why silver's moves are important not only to investors and traders but also to the U.S. economy as a whole.

Is Gold REALLY a Safe Haven in Recessions?
With claims like these, we at EWI always do the same thing: We look at the data.

"Gold always goes up in recessions and depressions." Is it true? Should you own gold because you think the economy is tanking? Whenever we hear some claim like this, we always do the same thing: We look at the data. The results speak for themselves...

3 Reasons Not To Speculate in Stocks …
… if the U.S. is headed for a deflationary depression

Most people have begun to accept that the U.S. economy is in recession whether or not the National Bureau of Economic Research has labeled it a recession yet. If you, too, think that the economy is headed for hard times, the next question is, how do you prepare for it?

The Generals Survey their Battlefields: Iraq and the U.S. Economy

General David Petraeus and Fed Chairman Ben Bernanke are both dealing with Gordian knot problems -- one on the war front and the other on the economic front, And George Soros has some of his own thoughts on the subject of the financial system turned into Godzilla.

Headed For Recession: Are We or Aren't We?

From the “Today Show” to the “Tonight Show,” the Situation Room to the locker room, and the cocktail party to the carpool lane, one issue has taken center stage: U.S. recession -- Are we OR Aren’t we there yet? 

How To Cope with Economic Times That Try the Soul
Our Current Financial Crisis as Seen Through the Eyes of Thomas Paine

These are the times that try men's souls, wrote Thomas Paine in 1776, referring to the North American colonists' revolt from British rule. And now, referring to the U.S. economy, we can equally say that these are the economic times that try the national soul. Whereas last year and in years earlier, we here at Elliott Wave International warned about the tough times to come in the economy, today's news stories are full of woe.

A Non-Guarantee Put to the Test (part 1)
The Ballad of Fannie & Freddie

Once upon a time, the U.S. government created the secondary mortgage market. (During FDR's New Deal, if you're dying to know). With help from the agency known as Fannie Mae, this government creation grew tall and strong. What's more, the government held a virtual monopoly over its creation for several decades -- and after all, the market was its creation....

European Stocks: Fear and Greed
Elliott Wave International discusses how the current stocks sell-off is driven more by fear than rational thinking.

You watch financial news, you know what's going on. Spooked by "concerns over a potential U.S. recession," investors are dumping shares on both sides of the pond. But if you ask us, what's going on here is as old as investing itself: fear and greed. Fear and greed move investors. Fear and greed move market prices, too.

The REAL "First Big Book on the Credit Crunch"
After the Fact Acclaim: Irony Speaks for Itself

Yesterday I said that the Economist magazine had just published a favorable review of a book about the housing market crisis. The author is a respected financial journalist, and a thumbs up from a publication like the Economist suggests a book that deserves to be taken seriously. But consider these other quotes, specifically the "who" & "when" behind them...