Every day, forecasters make predictions based on the same old tools: economic fundamentals, valuation models, polls and so on. And every day, many of those predictions miss—sometimes spectacularly. The point isn’t that traditional analysts aren’t well-educated; it’s that just MAYBE what they learned is wrong. When the same methods keep producing “misses,” “unexpecteds,” and “surprises,” it's fair to wonder whether there's a better way to understand markets, politics and social trends. Elliott Wave International has spent decades exploring exactly that possibility. |
Hi Elliott Waver, Everyone thinks the Fed’s decisions are important, if not crucial. Is that so? Here is a daily chart of the Dow, which includes a day on which the Fed made a “historic and momentous” change in the level of its Funds rate. Can you tell what day it happened? Neither can we. |
We don’t spend emotional energy wondering what the Fed will do. And neither should you. That’s not how markets work. How DO we predict stocks, bonds and gold month after month? Subscribe and find out. Sincerely, Derek Bruce Elliott Wave International
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