Investors have responded to low interest rates by driving stocks to obscene valuations, with little recognition of their implicit (and incorrect) assumption that economic and corporate growth rates remain unchanged from post-war norms...
Given current valuation extremes, the associated market losses are likely to be predictably brutal."ALEC has played a crucial role in influencing laws surrounding gun control, the prison system, voting laws, environmental policies, animal cruelty laws, minimum wage, and more.
The great game of Wall Street -- where huge amounts of money are at stake every trading day. In other words, each wave represents a set of investor attitudes, sentiments and behaviors during a specific phase of the market cycle.
Many speculators play this game by watching for events outside of the stock market that they believe will "trigger" the next big move in prices. The Wall Street classic book, , by Frost & Prechter, states:... Recognizing the character of a single wave can often allow you to interpret correctly the complexities of the larger pattern.
Although the FDA has stepped in multiple times, sending pharmaceutical companies warning letters or even forcing them to take down their ads because they are false, misleading, and/or exaggerate the effects of their drugs, this is still an ongoing issue (source).
Lobbying expenditures by the pharmaceutical industry have been increasing every year and hit an all-time high of 3 million in 2009.
A recent study published in the conducted by a team from Yale University found that one in three FDA-approved pharmaceutical drugs have safety issues. The government has helped food providers become more dairy-based, and implemented milk education into school programs.Given that the most historically reliable measures of market valuation we identify already range between 140% and 170% above their historical norms, this adjustment in growth assumptions is likely to be accompanied by one of the most violent market declines in U. history, even if interest rates remain depressed....Given current valuation extremes, both for the S&P 500 Index itself and across every decile of stocks; given the repeated emergence of the most extreme 'overvalued, overbought, overbullish' syndromes we define; and given clearly deteriorating market internals, we estimate extreme downside risk across virtually every corner of the stock market over the completion of the current speculative market cycle.But, there is a propaganda campaign to make the public believe in the presence of an intensified entity representing the ‘devil’ only in order to drive TV watchers to accept a unified international leadership for a war against terrorism.In essence, war and chaos are profitable businesses, and they’ve been used by the shadow government and the deep state for many years to not only take over nations, but to control the masses using fear as well.Since that analysis published, the DJIA's Elliott wave pattern has provided our analysts with even more clues about the stock market's next big move.If you are prepared to take the next step in educating yourself about the basics of the Wave Principle -- access the FREE Online Tutorial from Elliott Wave International.ALEC-backed legislation is not created “for the people,” but rather, designed so corporations can increase their profits and create loop holes so they don’t get in trouble with the law.You can read more about ALEC in our CE article about the environmental and health issues involved with the company’s products (GMOs, herbicide Round Up, etc.). Big Pharma is another industry with close ties to the government.Instead, the USDA Food Guide Pyramid states you should eat 2-3 servings of milk, yogurt, and cheese, despite the fact that only 75% of people can actually digest milk properly, as well as 2-3 servings of meat, poultry, fish, dry beans, eggs, and nuts per day.What the food guide doesn’t mention is that numerous studies have proven that meat and dairy consumption can cause cancer, heart disease, obesity, and many more health complications.