The Socialist Time Capsule

“Socialism,” says Oleg Atbashian, “conserves the stage in which the society existed at the time it was overtaken. “Cubans still drive American cars from the 1950s, North Koreans still dress in the fashions of the same bygone era, and in the USSR I … [Read more...]

The Six Contradictions of Socialism in America

I have seen the future and ran away. At first the move to America from the former USSR made me feel as though I had made a jump in time, from the stagnant depraved past into a distant dynamic future. There was an abundance of commonly available … [Read more...]

The Big Short

Perhaps you've seen the 2015 movie or read the book The Big Short by  Michael Lewis about the financial crisis of 2007–2008, which was triggered by the build-up of the housing market and the economic bubble. If you missed it, here's what … [Read more...]

Why Europe is Going to Get a Lot Worse Before It Gets Better

(Interview) Europe: Why It's Going to Get a Lot Worse Before It Gets Better New interview with our European markets expert By Elliott Wave International Brian Whitmer, the editor of our monthly European Financial Forecast, explains what … [Read more...]

The End of the Longest Running War in the Americas

By Nick Giambruno Drug cartels. Kidnappings. Assassinations. A war for billions in cocaine profits. Leftist guerrillas looking for a piece of the action. If you’ve seen a movie with this stuff in it, there’s a good chance it was set in … [Read more...]

The Balance Between Creating and Taking

In reading this article it made me think about the difference between the views of Capitalism. Many people believe Capitalism is evil because it is based on greed and that involves scarce resources and taking what belongs to another. Others believe … [Read more...]

Why Investors Cling to Hope Amid Stock Market Turmoil

History shows that many investors will hold stocks all the way down By Elliott Wave International I was watching financial television as the Dow Industrials fell 400-plus points on Sept. 1. Two market professionals were interviewed: Both said … [Read more...]

Improving Your Investments with Decision Theory

By Jared Dillian If you’ve ever taken a decision theory class (I have, and it was awesome), this is the first thing you learn. Decision Theory You have a 50/50 chance of winning $10,000. You have P = 0.5 of getting $10,000 and P = 0.5 of … [Read more...]

3 Powerful Trends Influencing Europe’s Financial Market Recovery

There's no doubt Europe’s financial markets for the summer of 2015 were all affected by the Greek ‘tragedy’. But as of this writing, it remains uncertain whether Greece will leave the Euro-zone or not. However, without aiming to downplay the … [Read more...]

Bear Markets And Economic Contractions: 2001/2008 vs. 2015

Economic Basis For Large Bear Market Declines By Chris Ciovacco As we noted in a recent “recession odds” article, bear markets typically are caused by one of two things: a recession or tight monetary conditions. For example, the 2000-2002 bear … [Read more...]