January 2009

Can the Government Stop Another Great Depression?

The following article is excerpted from a recent issue Elliott Wave International’s Financial Forecast. Elliott Wave International (EWI) is offering the full 10-page issue, entitled “The Most Important Investment Report You’ll Read in 2009,” free for a limited time. In addition to the following market commentary, it includes independent forecasts of stocks, bonds, metals, the

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The Free Market is Dead

On several occasions of late, I have read or heard the phrase, “We are all Keynesians now,” an erudite way of expressing the idea that the free market is dead. And that the fate of the global economy now relies almost entirely on pragmatic measures yet to be taken by governments, most notably that of the United States.

Given that the word “pragmatic” is often used to describe President Obama, it appears that the man of the hour has arrived just in the nick of time.

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