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, Does an event as momentous as war affect the trend of the stock market? Most people think so. But the data don’t back it up. Wars have no consistent causal effect on stocks: Sometimes the stock market rises during large-scale conflicts. Sometimes it falls. Sometimes it does both! Just examine these charts: |