Watch this 2-minute video from 2011 where Robert Prechter talks about his developing theory on finance with Douglass Lodmell for The Mind Of Money series.
Since then, Bob has been hard at work on his new book about his now fully developed theory on finance (scheduled for completion in 2016).
Learn What REALLY Moves the Markets
In just 12 minutes, Bob Prechter reveals eye-opening evidence that shows external factors -- be they interest rates, war or peace, oil prices, inflation, quantitative easing, even terrorism -- do not in fact regulate financial markets as most experts claim.
This article was syndicated by Elliott Wave International and was originally published under the headline Financial Markets are a Psychological Phenomenon. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
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