Few market commentators have the ability to inspire the range of emotion that Robert Prechter of Elliott Wave International does. The mere mention of his name is enough to generate controversy. Whenever someone mentions stock market "perma-bears" they almost certainly have Prechter among those in mind, a label that I believe widely misses its mark.
Last week Robert Prechter was kind enough to sit down with me for a wide-ranging interview to discuss, among other things, the mechanics of what he believes will be an intensifying economic depression next year, how to prepare for it, the potential for the US dollar to form a major bottom and his Socionomics hypothesis that social mood drives social action as opposed to social action driving social mood.
Click below to watch the interview.
No positions in stocks mentioned.
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