Inflation or Deflation, Biiwii vs. EWI?

[Edit] As suspected, Prechter goes into much detail about why long-term bond yields will rise and yet deflation, not inflation, is going to be the outcome.  I tend to agree, that rising yields would help bring on the next deflationary episode, but in the interim lean toward inflationary manifestations.  Watch commodities, watch the real price of gold, etc…

Regarding the ‘inflationary up’ theme of the previous post, I had mentioned last week (not sure if it was here on the site or in NFTRH) that I thought Prechter and EWI were forecasting a top in the T bond market (rise in long-term yields) as well and that I considered that a caveat to my inflation case.  As if their ears were burning, here they are with a special offer and I think this is a good one.

If you click the link (no no silly, no strings, spam or anything else attached) you will see all the details on this special report.  I am going to read it because Prechter has always kept me honest with myself.  I am doubly going to read it because I want to know why a rise in yields would not attend an inflation cycle this time, if indeed that is their premise.

From EWI:

Exclusive invitation: Elliott Wave International have just released their new 40-page independent investor report, The State of the Global Markets — 2013 Edition: The Most Important Investment Report You’ll Read This Year. On an exclusive, limited-time basis, they’ve allowed us to share it with you for FREE. Learn more and download your 40-page report now >>

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The global market outlook is far less rosy than the emperors-minus-their-clothes would have you believe.

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Politicians and central bankers worldwide reassure investors that the credit crisis of 2007-2009 will turn out to be nothing more than a footnote in market history — despite the compelling proof that it never truly ended.

Meanwhile, U.S. Congress made a final-hour fiscal cliff deal to delay addressing its gargantuan budget woes, Europe remains in turmoil, and Asia-Pacific regions and emerging markets are charting surprising courses of their own.

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About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.

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