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The details differ, but both Illinois and Venezuela are in a big financial mess. EWI’s July 2017 Financial Forecast noted: Last month, the Elliott Wave Financial Forecast … discussed the financial crisis gripping the State of Illinois. The state is a financial basket case, with one online columnist comparing it to Venezuela. With the above […]

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You’re probably aware that the Federal Reserve engaged in unprecedented stimulus efforts to combat the Great Recession (2007-2009) and jump-start the economy through buying mortgage-backed securities and Treasuries. The May 2016 Elliott Wave Financial Forecast said: No matter how hard they huff and puff, economists and central bankers just cannot get the data to comply […]

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By using immense amounts of digital data, the Adobe Digital Price Index provides more details about consumer product price deflation than traditional measurements. Adobe’s DPI analyzes transactions involving 15 billion website visits and 2.2 million products sold online. Adobe’s May DPI showed price deflation in most of the consumer goods it tracks. Low-cost items saw […]

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Is Europe leading the world into a deflationary depression? Well, consider that the International Monetary Fund just lowered its estimate of eurozone growth to a mere 0.8%. More than that, Germany risks “slipping into a third recession since 2008” (CNN). Also, ECB President Mario Draghi’s preferred inflation gauge shows a trend that’s a big worry […]

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The central banks of Japan and the European Union have gone all out to shore up inflation. But, so far, the results have been disappointing. Likewise, the U.S. Federal Reserve has done all it can to stimulate the U.S. economy. So far, the U.S. economic “recovery” has been relatively weak. The October 2014 Elliott Wave […]

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Bank of America Merrill Lynch has just issued a sobering assessment about the U.S. and European economies: Despite the ongoing economic recovery, we believe there is a significant risk of either a continued drop in inflation or outright deflation in one or several advanced economies over the next several years. In addition, the financial giant […]

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