October 23, 2014

Another Even Bigger Housing Bust Already in the Works?

Evidence of Another Even More Sweeping Housing Bust is Already Starting to Appear

By Elliott Wave International

EW note: With permission, the following article was adapted from the October 2014 issue of The Elliott Wave Financial Forecast, a publication of Elliott Wave International, the world's largest market forecasting firm. You may review an extended version of the article for free here.
In February, The Elliott Wave Financial Forecast discussed the great boom in New York City's residential real estate and its keen resemblance to what happened in 1929, when the demand for luxury housing also spiked to previously unseen heights. At 133 East 80th Street, we found this plaque commemorating the earlier era's brick-and-mortar monuments to a Supercycle degree peak in social mood.


October 22, 2014

Top 10 Investment Myths (Part VII)

Don't Get Ruined by These 10 Popular Investment Myths (Part VII)
Interest rates, oil prices, earnings, GDP, wars, peace, terrorism, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market

By Elliott Wave International

You may remember that after the 2008-2009 crash, many called into question traditional economic models. Why did they fail?

And more importantly, will they warn us of a new approaching doomsday, should there be one?
This series gives you a well-researched answer. Here is Part VII; come back soon for Part VIII.


10 Reasons Not To Trust The Mainstream Media



Do you trust the news media?  Do you believe that the information that they are giving you is true and accurate?  If you answered yes to either of those questions, that places you in a steadily shrinking minority.  

Crude Oil: When Price Makes the Story

By Kurt Cobb 
So oft in theologic wars,
The disputants, I ween,
Rail on in utter ignorance
Of what each other mean,
And prate about an Elephant
Not one of them has seen!
--The Blind Men and The Elephant by John Godfrey Saxe

Is QE4 Coming?

By Michael Lombardi, MBA for Profit Confidential

It’s widely expected that at the end of this month, the Federal Reserve will end its third round of quantitative easing (that began in September of 2012). This is QE3, where the Federal Reserve was printing $85.0 billion of new money every month and using it to buy U.S. Treasuries and mortgage-backed securities (MBS). In the beginning of 2014, the Fed started reducing the amount of money it was printing each month.

Is there another round of quantitative easing (more commonly known as QE) coming?