Thursday, August 12, 2010

Robert Prechter Sees U.S. Stock Market Lower, Dollar Higher

Aug. 11 (Bloomberg) -- Robert Prechter, founder and chief executive officer of Elliot Wave International, talks with Bloomberg's Pimm Fox about the outlook for the U.S. stock market and dollar. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Gary Shilling still forecasts Chronic Deflation

Deflation's Coming, Says Gary Shilling, And It's Going To Clobber The Stock Market

Gary Shilling : i think we are heading toward a chronic deflation simply because we are in a world where supply of almost everything is exceeding the demand " the demand is weak , the supply is big also thanks to the new technologies and the globalization says Shilling , shilling recommends bonds over stocks

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