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Robert Prechter joined Yahoo! Finance Breakout host Jeff Macke on June 28, 2012 to talk about the stock market and President Obama’s re-election bid. In the interview below, Prechter says that both the markets and presidential re-election bids are driven by how people feel. He explains, “Social mood is behind both of these, it changes people’s perceptions of how the president is doing, and it also changes traders’ decisions about whether to buy or sell.”
Do you want to read the full research paper? You can get it by clicking here. At the top of the next page, click the link that reads, “One-Click Download”.
The Socionomist enables you to see trend-shaping waves of social mood, as reflected by the stock market — and capitalize on them. The June issue looks at phases of social mood and features a “Research Roundup,” which highlights five academic studies that shine a light on important aspects of socionomic theory. Mood Riffs topics include “quiet luxury,” loneliness, the Writers Guild strike and efforts by countries to trade in currencies other than the U.S. dollar. Read the June issue when you become a Socionomics Premier Member.
