Prechter’s socionomics explains how and why our brains make it so hard to buy low and sell high
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Robert Prechter explains socionomic causality, the components of social mood and why the stock market is a leading indicator of economic change. From his July 2010 presentation at the World Futurist Society.
Trends in the stock market may first seem like an unlikely gauge of national aggression or tolerance, yet a close look at how bull and bear markets relate to war and peace makes this case surprisingly compelling.