Feb. 27, 2008 (Bloomberg) — Robert Prechter, chief executive officer of Elliot Wave International Inc., talks with Bloomberg’s Pimm Fox from Atlanta about his theory that US stocks are in a bear market, the impact of credit costs on equities and implications of the decline in shares of bond insurers. 00:00 Dow-gold ratio as indicator of bear market 02:58 Impact of credit costs on inflation, stocks 05:28 Impact of currencies on model; bond insurers
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