Author Archives: Erik McCurdy

About Erik McCurdy

Erik McCurdy is the senior market technician for Prometheus Market Insight and has been analyzing charts every day for over 15 years. The software program that he developed to monitor long-term stock market trends has correctly predicted over 90% of the long-term turning points in the S&P 500 index since 1940. His Gold Currency Index has predicted every major trend change in the US gold market since its creation in 2005. The Prometheus Market Insight newsletter service provides daily, weekly and monthly forecasts for stocks, bonds, currencies, commodities and precious metals using proven computer models that base their predictions on technical and cycle analysis.

The Fed: Continuing Down the Path of Desperation

Posted on 24 June 2012 by Erik McCurdy

by Erik McCurdy, Promethius Market Insight Editor’s note: This appeared Wednesday 20 June 2012 as the Prometheus Daily Investing Thought on the Global Economic Intersection front page. The Federal Reserve announced today that it will continue to hold short-term interest rates … Continue reading →

Posted in Federal Reserve, macroeconomics | Tagged , , , , , , , | Leave a comment