Surviving Deflation: First, Understand It

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 in the extension of credit. Bank credit and Elliott wave...

What Chinese Malls Tell Us about the Economic Reality

By Editorial Staff Investor expectations are decidely bullish right now, and many people expect an economic turnaround this year. What do the underlying economic conditions suggest? The Chinese mall "The Place" demonstrates the contrast between investor hope and economic reality. The following is an excerpt from the February issue...

Robert Prechter on Herding and Markets’ “Irony and Paradox”

By Editorial Staff The following is an excerpt from a classic issue of Robert Prechter's Elliott Wave Theorist. For a limited time, you can visit Elliott Wave International to download the rest of the 10-page issue free. Market Herding Have you ever watched a dog interact with its owner? The...