Brexit and House Prices – What’s going on?

In a result that surprised many, the vote on June 23 2016 resulted in a decision for Britain to leave the European Union, infamously called "Brexit". The impact of the Brexit decision has been much debated, with many economists stating that the UK … [Read more...]

Another Housing Bust On The Way?

Evidence of Another Even More Sweeping Housing Bust is Already Starting to Appear By Elliott Wave International Editor's note: With permission, the following article was adapted from the October 2014 issue of The Elliott Wave Financial Forecast, a … [Read more...]

Will Africa Finally Shed its “Dark Continent” Image?

For centuries now, Africa has been a wild and unknown place full of impenetrable jungles and steeped in mystery earning it the name the "Dark Continent". Several countries in Africa including Kenya, Ghana, Nigeria, Congo, and Rwanda  are embarking on … [Read more...]

Is Bernanke Stuck in a Housing Time Warp?

Current FED Policy Doesn't Make Sense Could the FED really think that low interest rates are good for savers? Is housing really a vehicle for saving? Is it a good idea to use your home equity as an ATM machine? Should the government be … [Read more...]

Housing Needs a One Handed Economist

Harry Truman in a fit of exasperation over the advice he was getting from his economic adviser said that what he really needed was a one-handed economist. This stems from a tendency of economic analysis to offer alternatives simultaneously, creating … [Read more...]

Interview with David Stockman

Editor's Note: In today's interview Alex Daly talks with former Reagan budget director David Stockman about Austerity, the FED, housing, debt, the economy, the stock market, bonds, and much more.  Here are a few of David's excellent quotes from … [Read more...]