Q&A Part 1: Peter Kendall on His “Powerful” Walk Down Wall Street
Writer, researcher, and seasoned socionomist to lead a walking tour of America’s social mood epicenter.
Writer, researcher, and seasoned socionomist to lead a walking tour of America’s social mood epicenter.
What do skirt hemlines and the stock market have in common? Here is an excerpt of the January 2015 video transcript.
Peter Kendall Editor, The Elliott Wave Financial Forecast Areas of research include financial markets, movies, pop music, sports and other cultural trends. Peter Kendall is the Chief Analyst for U.S. Markets and Cultural Trends at Elliott Wave International. He co-edits The Elliott Wave Financial Forecast, contributes to the firm’s Short-Term […]
The practical thinking that dominates in a bull market carries a “reverence for science.” In a bear market, “magical thinking” prevails.
This examination of that history shows the dominant influence of social mood on an American sport. Basketball is a coincident reflection of the rising mood behind the bull market of the last century. The game’s structure, rules and fortunes have developed in a manner that is totally consistent with the ebb and flow of the bull market in stocks.