September 13, 2021
The S&P CoreLogic Case-Shiller index has logged three consecutive months in which the growth rate of housing prices set a record. National housing prices have now reached a level that is 41% higher than the peak in the housing boom of 2006. Meanwhile, investors are pushing up the values of cryptocurrencies and meme stocks, whose viral popularity is fueled by the internet, and experts are worried about asset bubbles. Popular theory says asset bubbles are singular events. But in the February issue of The Elliott Wave Theorist, Robert Prechter said the dot-com bubble, the housing bubble and the current “everything” bubble are all “sub-bubbles within the larger uptrend since the 1980s.” Understanding the fractal structure of markets is necessary to identify the beginnings of asset bubbles. It also helps you identify approaching peaks, which signal when it’s time to sell and leave the herd behind. To learn more read “Can You Predict an Asset Bubble? Shout This from the Rooftops: Socionomists Can.”
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.
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.
