Consumers Are Now Savers

The real reason consumers aren’t spending is not a matter of monetary policy; it’s a matter of psychology. On June 2, the postman rang once — and, boy, did he ring. That day, the Wall Street Journal published a strongly worded letter titled, “Grand Central: A Letter to Stingy American Consumers,” which included these notable… Read more Consumers Are Now Savers

Deflation Nightmare in Europe

Elliott Wave International’s European markets expert Brian Whitmer often cautions his subscribers to beware of the pitfalls that will accompany the developing deflation in Europe. On May 20-27, Brian is hosting a free 5-video event at elliottwave.com: Investing in Europe: 5 Critical Insights. “Europe seems to be leading the way on important global trends, so… Read more Deflation Nightmare in Europe

Is Deflation Coming Again?

Not Inflation, But Deflation The Elliott Wave Financial Forecast warns that the contracting U.S. economy signals deflation ahead In June, the U.S. government, revising its previous number, reported that the economy shrank by 2.9% in the first quarter of 2014. The steep plunge caught the bulls by surprise. It was substantially worse than the preliminary… Read more Is Deflation Coming Again?

Deflationary Forces Preventing FED’s Rescue Efforts

The Federal Reserve’s efforts to rescue the economy have been historically aggressive, starting with the initial round of quantitative easing in 2008 and continuing through 2013. Much money has been printed, despite what Bernanke says. M1 has been more than tripled. Yet Gold is down, commodities market is down, and inflation is still at historic low levels!… Read more Deflationary Forces Preventing FED’s Rescue Efforts

Deflation Warning

Money Manager Startles Global Conference. History shows that the U.S. should pay attention to economies in Europe. The economy has been sluggish for five years. There’s no shortage of chatter about “why,” yet few observers mention deflation. Bernanke has been printing trillions. ECB and Bank of Japan has joined the reflation efforts and promised to… Read more Deflation Warning