Here’s why you SHOULDN’T get too comfortable By Elliott Wave International Bear markets are cunning beasts. Don’t get me wrong — we are not in the bear market territory yet. At least, not officially. An “official” bear market begins when the stocks indexes decline 20%. The DJIA’s decline from the May 2, 2011 high to [...]
What If the Unthinkable Happens?–Two Possible Collapse Scenarios
July 9, 2011 By Leave a Comment
Never before has the federal government’s manipulation of financial markets created greater dangers – and opportunities! The federal government and Federal Reserve have escalated their “extend and pretend” game to new heights – even though there is evidence as to the economic destructiveness of these policies. Repeated market and monetary manipulations in recent years not [...]
Market Crashes: The South Sea Bubble
May 12, 2011 By Leave a Comment
It’s said that those who ignore history are doomed to repeat it. I believe that examining historical market bubbles and crashes can provide valuable insight into our current economic condition. It is frequently implied, or even outright stated, by today’s powers that be that “this time is different”. Well, I beg to differ. This time [...]
Market Crashes: What are Crashes and Bubbles?
May 6, 2011 By Leave a Comment
Financial crises are not new, they are a recurring feature of human civilization. But many aspects of our era’s crises are unique in all of human history: Never before have we faced the depletion of fossil fuels; Never before have we faced the population pressures of over 6.5 billion humans to feed, house, clothe, transport, [...]
The Mississippi Bubble and the French Bailout
April 22, 2011 By Leave a Comment
Why look at an event from 1720? The answer is simple. History provides perspective and lessons to be learned – lessons that, if ignored, may lead us to repeat the follies of the past. There are significant parallels between the economic bubble of the late 1720′s and today. The French government (like our own today) [...]
