As the world’s leading stock markets continue to play stomach-hockey
with investors via one triple-digit turn after another, the mainstream
community takes solace in this core belief: No matter how uncertain
things become, the Federal Reserve can at any moment swoop in
to set the economy right.
This article was syndicated by Elliott Wave International.
EWI is the world’s largest market forecasting firm. Its staff
of full-time analysts lead by Chartered Market Technician Robert
Prechter provides 24-hour-a-day market analysis to institutional
and private investors around the world.
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