A Book Review

In 1999, we were celebrating our heroes, the stock market had reached unprecedented heights - and many people believed that peace in the Middle East was at hand.

A scant three years later, the economy is weak, corporate executives are being thrown in jail, bloodletting between Israelis and Palestinians is a daily ritual, India is testing missiles, North Korea is threatening the U.S. with nuclear destruction, the U.S. is at war with Iraq, European allies are deserting the U.S., a senator is calling for the resignation of the chairman of the Federal Reserve, and Americans are stocking supplies for terrorist attacks.  What changed? And why?

Is it possible that all of these events flow from the same cause?

In a new book titled  Socioeconomics- The Science of History and Social Prediction, Robert Prechter  best-selling author of "The Elliott Wave Principal" addresses this question. In addition to discussing how popular culture relates to the Stock Market he also gives profound insights into how Socioeconomics affects everything from Sports to World Peace to popular music. 

I first met Robert Prechter almost 20 years ago at a seminar where he was speaking. He gave a brilliant speech on how Socioeconomics and the stock market were deeply interrelated. Now after all these years he has compiled dozens of case studies showing the relationship between world events and world economics.  I am sure this book will help investors everywhere to see and understand more of the "big picture". I have always believed that once you understand "the big picture" you you can't help but become a better investor.

 Click Here for more information on Socioeconomics- The Science of History and Social Prediction. 

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