Markets

Jan 23, 2003 at 00:00

But mainstream American economic thought seems to overlook this reality. It places, first of all, an unusual emphasis on consumption as the prime mover of economic growth, and there is…

Jul 03, 2002 at 00:00

Our confidence in a continued significant stock market decline is based on a three-pronged analysis: 1) Stock market history and the nature of speculative bubbles. 2) Macroeconomic forces, so ably…

Sep 05, 2002 at 00:00

Our very contrarian year-end forecast called for one of the worst stock market performances in a calendar year since 1929-1932, especially during the first three quarters. We continue to expect…

Jun 10, 2002 at 00:00

Book One begins with Mr. Prechter skilfully exposing the fallacies of the "New Economy", as he proves that the bull market of 1974 -2000 was merely a shadow of the…

May 24, 2000 at 00:00

No one rings a bell to announce the top of the market. Recent downside action in the major indices is explained by the pundits to be a direct result of…

Apr 24, 2000 at 00:00

As America became more industrialized, the first Dow Jones Industrial Average was published twelve years later in 1896. This original twelve stock Index was joined by a new Industrials Average…

Apr 11, 2003 at 00:00

The mania that took place during the 1990's will go down as the largest bubble in all of financial history. At the peak price earnings multiples were unfathomable with the…

Jul 20, 2003 at 00:00

Times of great crisis in history are usually the crucible from which nations form new leaders and new visions. Such leaders seem to just suddenly appear often out of nowhere…

Jul 06, 2003 at 00:00

Power, our Federal Government has -- political, bureaucratic, police, military, monetary, and taxing power. It has had such power in excessive amounts for over a century now, and it has…

Jun 22, 2003 at 00:00

More and more Americans today are coming to understand the terrible truth about our Federal Government -- that it seeks to dominate us as citizens, to mold us into a…