Steven Hochberg, Chief Market Analyst Elliott Wave International, co-edits Elliott Wave Financial Forecast with Peter Kendall, writes the Short Term Update thrice weekly, and provides commentary on the U.S. stock market, interest rates and precious metals for Global Market Perspective.
- Might the domestic economy mirror the pre-Great Depression era?
- Contracting debt levels hint that deflation could cause rough financial seas.
- Elliott Wave International is extremely bearish on US shares.
- Will lower confidence levels exacerbate the deleveraging effect.
- EWI's stock market indicator.
- Challenges in the commercial real-estate sector.
- Insolvency issues in the banking industry.
- Hochberg recommends checking bank ratings, moving some money offshore out of the US banking system, plus owning some gold and silver coins just in case.
- Higher rates has shut off the liquidity spigot, to the extreme detriment of the overleveraged economy.
- The stock market is one of the best barometer of economic optimism vs. pessimism.
- Safe haven investments.
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About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
