Global Markets, Economies Mired in Early Stages of Biggest Disaster Ever By Elliott Wave International The following is a sample from Elliott Wave International's new 40-page report, The State of the Global Markets -- 2013 Edition: The Most Important Investment Report You'll Read This Year. This article was originally published in Robert Prechter's September 2012 Elliott Wave Theorist. Global markets and economies are mired in the early stages of the biggest disaster ever. Most people think both areas are in the early stages of a prolonged recovery, but in fact they are on the cusp of the second downturn, which will be of epic proportion. The world is in the grip of a bear market. … [Read more...]
Is There a Correlation Between Inflation and the Stock Market
When inflation is high and commodity prices are rising on what seems like an almost daily basis, have you ever wondered how that might affect the price of stocks? Recently I received the following question: "In the years leading up to the great depression and the great recession, the DJIA nearly quadrupled. My question is... what the cost of living did in these time periods and if there is a correlation between the stock market and the cost of living? John Kelsch" ************ John, Great question! You would think that if all commodities are going up stocks would probably go up as well, since companies produce commodities. But that isn't always the case. Often high … [Read more...]