Thanks for taking the time to do the interview Bob. Love your work and thanks for sharing your current view which is matching my own.
@pjstew9331 Жыл бұрын
Thanks Bob for coming back to us with this excellent status update. Grand Super Cycle, 4th Turning, Elliot saw it all.
@yanivins Жыл бұрын
Fantastic conversation. Thanks
@derelect5376 Жыл бұрын
Since 2008 Ive found Mr. Prechter to be a great contra-indicator for the markets. Perhaps his methods were valid back in the days of free markets but I think they're totally irrelevant in our new era of digital price control. Unfortunately he is unlikely to disavow EW regardless of any circumstance. The entire concept is his bread and butter.
@williamsignorile4986 Жыл бұрын
Good to see you bob best wishes Wavetimer
@fibonaccitimes2 жыл бұрын
thank you so much, fantastic stream!
@hariom-tn7ow2 жыл бұрын
Awesome presentation
@madanreddy46732 жыл бұрын
Thank you!
@FSCtv Жыл бұрын
🌎 Become a Cycles Insider. Sign up for the FREE FSC Community Newsletter: cycles.org/free-newsletter/
@lightspread2 жыл бұрын
After Freud the best and most realistic comments about the Human Personality were writen by Edmund Bergler M D, 1930 to 1960, Vienna to New York City.
@roni8h2 жыл бұрын
Thank you for this presentation. I would like to ask about the chart titled "A Gain of 200 Times Since 1922" (around 34'16"). You extrapolate that stock prices should fall considerably from here for decades. However, you have drawn a wedge on this chart (which you haven't continued on the bottom beyond the 2000s) and we could still be inside this wedge for quite a while going up before falling to previous lows.
@cosmiccoder7225 Жыл бұрын
Hope Prechter will be invited again ,, eager to see an update on his market view, And point to be noted, we haven't seen any significant correction compare to the upside move of the market for last many year ,,,,
@janreichenbach2654 ай бұрын
I hope he WON'T be invited again. When someone's wrong on the US stock market, with very few exceptions, for close to 40 years .... :( .
@Kjom4 Жыл бұрын
How do you play Prechter's 2022-2024ff bear call against Phil Anderson's 18,6 years property cycle downturn which should start only 2026 (with having new highs meanwhile in 2023-2025)?
@Christoph877 Жыл бұрын
Too annoying, having trouble listening through this, because the interviewer keeps interrupting Robert... Too many interruptions, too frequently...
@23panthony2 жыл бұрын
Prechter has been a bear since the 1980’s. Listen to him at your own peril.
@nikolaussoundso2 жыл бұрын
many people seem to forget: in 1929, the market had more than quadrupled in five years. Today, we barely doubled. Hence, most of the 1929 crash was just erasing the recent bubble gains not ever seen after 1929. And in real terms, the market only fell 50% and made higher highs 4 years later
@xopcapital99862 жыл бұрын
Please read p. 215-46 of Elliott Wave Principle. Reading the 2nd and or 3rd edition may make you wish to reconsider your statement.
@edstevens4439 Жыл бұрын
Went through two bouts of subscribing to EWT.......they were never right. Eventually Prechter will be right.
@ask_why000 Жыл бұрын
@@edstevens4439 And at that point his naysayers will be "all in", all the way to the natural bottom that markets have been trying to find for decades (absent intervention, money printing, banker bailouts and half truths from global governments, central banks and Wall Street).
@bssb9362 жыл бұрын
Excellent thanks
@fibonaccitimes Жыл бұрын
All of Bob’s projections are cohesive if you think about it. CBDCs which means a centralised economy , plus socialist ideology in government = an inflationary trend inflationary trend = bond yields go up aging population + low productivity + inflation = low corporate margins = non-commodity related stocks down
@abijones69682 жыл бұрын
Mr.Prechter, could it be possible that due to artificial market players (feds/central banks&QE-QT) natural cycle (Elliot waves structure) has changed?
@sorena6182 жыл бұрын
Yes, our real top was in the year 2000 against gold which is real money not unlimited printed paper. Against usd waves are still there but skewed to the upside. Also worth mentioning fed caused this rise to be bigger by printing right? What will happen when they start unprinting is it can cause also waves to become bigger than normal to the down side. I did make a video about FED and interest rates in my channel very eye opening if you are interested.
@nikolaussoundso2 жыл бұрын
min 35: stocks vs. commodities. It shouldn't be surprising that stocks outperform commodities over the long-term consistently, because stocks compound, commodities do not. Stocks earn outside money and the index even has a positive survivor bias which acts like a momentum factor build in, whereas the CRB commodities basket is largely stable over time. Commodities are also subject to deflationary innovation, that is economic rent going from the CRB to stocks. So if you showed a 1000 year chart of the MSCI world vs. a commodities basket, it should look like a straight-up diagonal on the log-chart
@ask_why000 Жыл бұрын
I found the host interrupted on several occasions to inject fluff. Suggestion: Let your guest speak until there is a natural break or they wild off topic.
@gabrielalexander1665 Жыл бұрын
I sincerely hope more people get exposed to this chat. I think Bob is right on point with his analysis. The country and developed humanity as a whole are about to experience something they cant imagine
@DanHalper Жыл бұрын
We are actually incredibly lucky that Bob Prechter is still alive to give us a little chuckle about 2021 and the hangover in 2022 . . .He´s a true living legend of cycle theory . . . regardless that he´s been wrong most of the time on the price moves. The reason Prechter ends up being wrong most of the time appears to me to be the manner in which the central bankers of the wealthy countries have essentially created what has at least appeared to be an infinite flywheel of pumping the historic valuation higher and higher and their governments with relatively infinite military force can compel the rest of the world to lend what has appeared to be so far an infinite amount of money to pump the next bubble. Does this finally pop? Hasn´t yet, look at NVDA.
@filiper.5479 Жыл бұрын
Sorry you don't host Robert prechter and keep interrupting him with your own thoughts. That would be annoying if it was a regular guest. It's worst being bob prechter. But anyway thanks for bringing the man for free to us
@noobahoi2 жыл бұрын
Why did you even make a life stream event if no viewer question was asked and answered?
@xopcapital99862 жыл бұрын
What does Socionomics say about injections and or boosters I wonder? Were they the folly of the herd?
@mantras30082 жыл бұрын
If all thease experts were right, they would be billionaire, not selling you books.
@nikolaussoundso2 жыл бұрын
min 32:00 who cares about S&P dividend yield when most earnings are distributed via buybacks? Buybacks were illegal until 1982
@michaels42552 жыл бұрын
Dividend investors care a lot.
@nikolaussoundso2 жыл бұрын
@@michaels4255 no, they care about roi, not in what form. Just like a lion doesn't care about the colour of his prey
@michaels4255 Жыл бұрын
@@nikolaussoundso Dividend investors want income (STEADY income) which comes from dividends. You only get income from share appreciation when you sell, but that also marks the end of your income. Also, dividends provide income even during the inevitable periods when share prices decline. So, yes, dividend investors DO care about yields.
@nikolaussoundso Жыл бұрын
@@michaels4255 come back when you're willing to sacrifice ROI for dividends. I'll gladly sell you appreciating stocks bit by bit for a service fee, simulating dividends. Otherwise, just accept that you don't care more than 1% about dividends or share buybacks
@barrieskotaya-ostojic88372 жыл бұрын
Imagine putting money in natural gas. You’d be so rekt
@hardikpatel42892 жыл бұрын
I’m little bit disappointed with his presentation. He shows us history but didn’t say single word what’s gonna after from now on.
@michaels42552 жыл бұрын
Yes, he did. Listen again. Turn on the subtitles and read them if you have to. It just wasn't neatly summarized in one particular segment of the interview.
@abijones69682 жыл бұрын
Could you try to summarize? I was a bit confused as well.
@pawsjo17132 жыл бұрын
I watched twice and still dont see a wave count to the downside.
@mth469 Жыл бұрын
How does the advent of CBDC or Central Bank Digital Currency affect Bob Prechter's predictions on the future. With CBDC enslavement, all of our earnings, savings, pensions..etc. are tracked and in the hands of central banksters who can manipulate things as they see fit. Losses will be transferred from their cronies the private banks onto the backs of wage earners, savers, pensioners and productive society in general. How do any of his theories work in that scenario where Capitalism itself is totally corrupted.
@ask_why000 Жыл бұрын
Governments have lots of ideas that never come to pass.
@fibonaccitimes Жыл бұрын
That’s what he said about a shift from financial assets ro real assets , ie gold and other commodities. I believe the main purpose pf CBDCs will be to support the aging population with UBI and pensions after, which will install a structural inflation trend for a long time
@mth469 Жыл бұрын
@@fibonaccitimes what prevents governments from heavily taxing gold or banning its transcation outright.
@nuki32342 жыл бұрын
So little interest. 305 views.
@barrieskotaya-ostojic88372 жыл бұрын
Not as accurate as Avi Gilburt
@hypersonic78632 жыл бұрын
Agree. Avi is the 🐐 of modern day Ellioticians.
@alliedmastercomputer54072 жыл бұрын
Imagine coming here to add that. Well done clown. Bob has a very good track record and made many great calls over a long period of time. What you said has no relevance, it isnt a competition
@alliedmastercomputer54072 жыл бұрын
lmao just checking out that guys work...some youtuber and the guy sounds lucky to be 40 and youre comparing him to Bob? lmao...good one. And I already see issues with some of his counts. Get outta here clown
@saladien99872 жыл бұрын
@@alliedmastercomputer5407 Does it hurt, can we help you? Avi is clearly the most skilled EW Analyst.
@hypersonic78632 жыл бұрын
To be fair though Prechter is the king of Socionomics and his book on it is absolutely brilliant. Probably the best book on Finance I've ever read
@janreichenbach2659 ай бұрын
There's no greater asset class than US stocks (Nasdaq 100 or S&P 500 index fund), read e.g. Jeremy Siegel's "Stocks for the long run". This guy called Bob Prechter is a bear for the american stock since 1987, following his advice would mean you'd lost your last shirt as an investor. He has lost all, ALL, credibility, as a market forecaster. I don't understand why people fall for him.