Pop Trends, Price Culture is the podcast about the intersection of psychology and markets. You can download or listen online at www.elliottwave.com/podcast (it’s free). Robert Folsom presents real people and real stories as they meet in the crossroads of mood and markets. Caution: As Robert’s disclaimer puts it, "This podcast contains strong opinions and strong language."
Part II: Jane vs Goliath - Only in America
Jane Jacobs saw a solution when nobody else even saw a problem. The problem she saw was, planners and architects and master builders of her day held fatally flawed assumptions about human behavior -- that the way people in cities live is perfectly rational and efficient and chaos-free. And that is why their urban renewal projects were destructive. Their model was all wrong. Does this sound familiar? It should for anyone who took economics 101...
4/28/2017 • 8 minutes, 49 seconds
Jane vs Goliath: Only in America
One of the greatest and most influential "David vs. Goliath" stories in 20th century America is all but unknown these days. An obscure, apparently ill-equipped female went up against the man who may be history's most prolific developer. This is episode one of a two-episode story about their decade-long battle.
4/21/2017 • 6 minutes, 18 seconds
Upholding Presidential Tradition, Abnormally
We are watching the past become the present right before our eyes. It may not LOOK that way, but make no mistake: It's happening. Pop Trends, Price Culture shows three ways Donald Trump is upholding presidential tradition, abnormally.
4/13/2017 • 5 minutes, 55 seconds
Vaccinations, Opioids and the Health Risks of Linear Thinking
What was the most successful medical program in human history? Here's a hint: It began with a counterintuitive, non-linear solution. Yet, social mood at present suggests that counterintuitive thinking is short supply, in helping to solve a current, huge health crisis.
3/31/2017 • 9 minutes, 15 seconds
Also in This Week's News: Are "Facts" Evidence of Partisanship?
This past week in the news has been like 40 gallons of crazy compressed into a 20-gallon tank. It's too much to keep up with. It's like you want to slap the next person who says "I've never seen this before," except … you keep hearing yourself say that. Consider the role of social mood, and the idea that "extraordinary claims require extraordinary evidence."
3/24/2017 • 4 minutes, 48 seconds
Do Real Vigilantes Ever Really Wear White Hats?
The public loves portrayals of vigilante justice. Memorable vigilantes are sometimes a ‘good guy,’ other times they are … something else. Why? Where did those characters come from? Are there ever ‘good guy’ vigilantes in the real world? These great questions get great answers in this episode of Pop Trends, Prices Culture.
3/10/2017 • 6 minutes, 27 seconds
"Rational Man," or, Real Humans in the Real World
It's easy to ignore information that contradicts what you think you know. Yet it's hard later on to find out that the information was right -- and that you were mistaken. We've all been there, and most of us try to learn from our mistakes. But: you can't say that you're "learning from a mistake" if you have information you know is correct and choose to ignore it…
3/3/2017 • 6 minutes, 28 seconds
On Mr. Trump: What I Knew THEN Is What I Know NOW
In February 2004, Robert Folsom wrote a column that was published by a major news site. Yes that was 13 years ago, but, in recent months, the subject of that column has become more relevant than ever. For this episode of Pop Trends, Price Culture, Folsom reads that old column, word for word, exactly as published in 2004. It still speaks for itself.
2/24/2017 • 6 minutes, 34 seconds
Presidential Scandals -- How Much Damage Do They Do?
Some Presidential scandals change history. Others are minor & don't involve the White House directly. But whether large or small, when the scandal s**t hits the fan, the president ends up 'wearing it' in some way. The real question is: "How much political and/or personal damage does it do to the president?"
2/17/2017 • 8 minutes, 24 seconds
Why a "Nation of Immigrants" Can't Agree On Immigration
Immigration policy has been an epic contradiction all thru U.S. history. America is “a nation of immigrants,” yet major political trends in American frequently include outbursts of anti-immigration sentiment. Pop Trends, Price Culture offers a way to un-puzzle this issue – including recent-cases-in-point – via the clarity that comes with understanding social mood.
2/10/2017 • 8 minutes, 45 seconds
A Book to Replace "Conventional Macroeconomics"
The Socionomic Theory of Finance presents the years-long work of Robert Prechter. Yet the book also includes 21 essays on socionomics from 12 other scholars, writers, researchers and analysts. That's exactly how a far-reaching new theory of finance should develop.
2/3/2017 • 6 minutes, 46 seconds
Part Two: 3 Microphones on Mood, Politics & the "Peaceful" Transfer of Power
This episode of Pop Trends, Price Culture is part two of our January 27 "3 Microphones" discussion, with T.R., Alan Hall, and Robert Folsom.
2/1/2017 • 13 minutes, 7 seconds
3 Microphones on Mood, Politics & the "Peaceful" Transfer of Power
In our first ever 3-microphone episode, Alan Hall, Senior Analyst for The Socionomist, joins Robert Folsom and T.R. for an open discussion of social mood, politics, and the "peaceful" transfer of power in Washington D.C.
1/27/2017 • 18 minutes, 33 seconds
"Honeymoon"? Sorry Dear, I'm Not in the Mood
We're in uncharted territory. Donald Trump has defied political history at every turn. But, does history become irrelevant just because you're in uncharted territory? Water is still wet in uncharted territory, and if you cut yourself you'll probably still bleed. A real honeymoon means a happy couple -- and Donald Trump hasn't done much to make his bride -- namely the public -- happy. She's being dragged along kicking and screaming...
1/20/2017 • 7 minutes, 31 seconds
Where and When Art AND Life Imitate Mood
Lots of critics say television has been in a second "Golden Era." But truth be told, the phrase 'Dark Golden Era' describes it better -- because the best shows in the past 15 years have indeed been a deep shade of "dark gold." Listen in and hear Robert Folsom's four top nominees for the best and most conspicuously negative shows since 1999 (yes, including Game of Thrones).
1/13/2017 • 9 minutes, 37 seconds
The Rural Purge: "The year CBS killed everything with a tree in it"
The 'Rural Purge' of the 1970-1971 season changed television forever -- it was fast, dramatic and revolutionary, yet it's all but unknown today. This historic transformation reveals an influence more powerful than historians and sociologists can ever discern.
1/6/2017 • 10 minutes, 33 seconds
Negative Social Mood … Goes to A Baseball Game
It had been a bear market for a lot of years. The headlines were a parade of scary bad news. People were so polarized that fan groups began to hate on each another's music -- hostility so strong that it became its own trend. Then, an episode of this negative mood literally exploded its way into America's National Pastime: Namely, in the outfield between games of a double header.
12/30/2016 • 8 minutes, 50 seconds
His Voice Rings Like a Bell: "Politics and the English Language"
Political language is front & center today, more so than at any time in decades. News or fake news, plus liars, lies, damned lies and statistics, have blurred the line between fact, opinion, and shameless BS. This episode excerpts an essay that could not be more relevant. It's from a time when social mood was recognizably similar to our own: Polarization ran deep, all disagreements were politicized, fear of "The Other" ran rampant. People felt threatened by certain ideologies. Listen for yourself to just how familiar it sounds...
12/16/2016 • 16 minutes, 2 seconds
RCA: 40 Years of Unrivaled Success, Yet Always "Catching Up" to 1929
RCA had an unrivaled influence on 20th century entertainment technologies -- it was the path to stardom for dozens of performers in both the Golden Age of Radio and Television. Yet, RCA share price never truly caught up to 1929. What's the lesson? Listen in to Pop Trends, Price Culture discover why.
12/9/2016 • 7 minutes, 4 seconds
Observations on the "Trump Rally"
Earlier this week, we went to Google News and searched for "Trump market rally." Listen in and hear about a few of the headlines that popped up -- plus, how those headlines contrast with headlines from 8 years ago. That and more in the latest episode of Pop Trends, Price Culture.
11/18/2016 • 5 minutes, 56 seconds
"The Paranoid Style in American Politics"
It was a long time ago, but not so far away: A great historian's timeless essay defined an ugly black thread that is embedded in the fabric of U.S. history. "The Paranoid Style in American Politics" proved so insightful that it anticipated the tragi-farce spectacle known as the election of 2016, fifty-plus years ago. Hear it for yourself in this episode of Pop Trends, Price Culture.
11/4/2016 • 17 minutes, 30 seconds
How 80 Percent NO Became 60 Percent YES
If you watched the three presidential debates, maybe you thought to yourself, "I wish I could ask a question." Robert Folsom sure did. And he knows what his question would have been. In this episode of Pop Trends, Price Culture he recreates what that exchange might have sounded like.
10/28/2016 • 5 minutes, 12 seconds
Election Polls, Accuracy, and the Future Expression of Public Mood
If Pop Trends, Price Culture is still an active podcast during the NEXT presidential election cycle, we are definitely going to replay today's episode at the right time in the year 2020. Because what we say now will be even more true of the incumbent candidate then. Listen in, and you'll "get it" as we go…
10/21/2016 • 7 minutes, 13 seconds
What Comes to Mind When Picking a President Hurts THIS Much
"My fellow Americans, our long national nightmare is over." Well, almost over. That comment is from Gerald Ford on August 9, 1974, after he was sworn in as President upon the resignation of Richard Nixon. At the risk of melodrama, I invoke that famous quote because Ford meant to capture the emotional toll on America that attended the ouster of a sitting president. In 2016, we've suffered through a trauma simply to get a president elected. In other news, please listen on to hear mood at work in Zika guidelines, the Battle for Mosul, and, of course, in various other themes from the 2016 election cycle.
10/16/2016 • 3 minutes, 41 seconds
Trump and Clinton: Life Imitates Art in the Last Ride of Stupid Season
Money. Politics. The media. Plus, subplots that include narcissism, greed, betrayal and sex scandals. Of course these issues lead today's news, yet this episode of Pop Trends, Price Culture offers hard evidence that this election cycle amounts to life imitating art from 75 years ago.
10/14/2016 • 6 minutes, 32 seconds
An Elementary School Near You? Sentiment & the "Return to Basics"
More than a half-dozen U.S. states have made it mandatory in elementary schools, and 40 more states may do likewise. Have you heard what's on the leading edge of instigating the "Return to Basics"? (hint: ink stains…)
9/23/2016 • 9 minutes, 26 seconds
American History's Greatest One-Man Barometer of Social Mood
Master political infighter. Student of human weakness. Bureaucrat supreme. Brilliant Machiavellian schemer. And, "American History's Greatest One-Man Barometer of Social Mood." Discover who this person was -- through a socionomic lens.
9/16/2016 • 14 minutes, 14 seconds
America's Oldest Political Controversy, Front and Center Again
Immigration policy has been an epic contradiction all thru U.S. history. America is “a nation of immigrants,” yet major political trends in American frequently include outbursts of anti-immigration sentiment. Pop Trends, Price Culture offers a way to un-puzzle this issue – including recent-cases-in-point – via the clarity that comes with understanding social mood.
9/9/2016 • 9 minutes, 28 seconds
Grownups Become Kids Again, Best Sellers Follow
Which "unusual" category had three books climb to Amazon's list of 10 best-selling books in 2015? Hint: The last time anything like this happened, John F. Kennedy was in the White House and Barbara Streisand had a weird, sappy hit about these very kind of books…
9/2/2016 • 6 minutes, 3 seconds
How Scientific Racism Became an "Intellectual Craze" (part two)
It's easy to think that financial and social manias are fueled only by the unsophisticated and gullible crowd. Yet, please allow us to introduce you to the pseudoscience of Eugenics. That is the trend we discussed in our previous episode.
8/26/2016 • 10 minutes, 41 seconds
The Inexcusable Missing Chapter of U.S. History (part one)
This is one person's story. An anecdote. So why tell it? Because, this story personifies a trend that was much, much larger. What trend is that? Listen in to part one of the two-part tale.
8/19/2016 • 6 minutes, 44 seconds
What is the Most Common Activity in America That Gets Citizens Arrested?
What is the most common activity in America that gets citizens arrested? It's a serious question. As you think about an answer, think also about how serious an arrest record is. It follows you like a brand to the forehead. It makes it harder to be employed, get an education, or get credit. You know, the stuff you need to have a life...
8/12/2016 • 6 minutes, 38 seconds
Let's Ask Again: What Are You Afraid Of?
Does news coverage of "threats" help you know what the threats really are? How DO you think about real vs. perceived threats -- to your safety, health, and life? And, what the heck do bookmakers have to do with these questions? Check out this episode of Pop Trends, Price Culture for the answers.
7/29/2016 • 7 minutes, 18 seconds
An Explanation of the Pokémon Go Craze You Won't Hear Elsewhere
Why are so many people are playing Pokémon Go? For starters, it's lighthearted fun. Catching Pokémon is kind of like when you chased fireflies as a kid -- they're cool. You want to catch 'em, not kill 'em. And, hordes of Millennials are playing Pokémon Go out of nostalgia: They grew up on Pokémon and now it's on their single-most indispensable device -- the cell phone. Less obvious is the peer pressure -- which is a watered down way of describing social mood. Yes, I'm going there. And I can credibly say that we started "going there" with Pokémon back in 1999...
7/22/2016 • 7 minutes, 8 seconds
Why People Keep Asking, "Is This 1968?"
There's an old saying in war and in politics: "Never interrupt your opponent when he's destroying himself." Yet the two major-party candidates can't even follow that simple wisdom -- which is one of the many reasons we explore, Why People Keep Asking, "Is This 1968?"
7/15/2016 • 6 minutes, 38 seconds
The Coming Incivility: No Handshakes After This Election
Even hard-core political junkies have labored to keep up with the 2016 election headlines. Yet in the onslaught of news, there is a huge untold story: Social mood is depopulating the two major political parties…
7/1/2016 • 5 minutes, 47 seconds
The Moral Panic That Tamed the 10-Cent Plague
Before the moral panics that tried to stamp out rock-n-roll, video game violence and satanic ritual abuse, came the first -- and most successful -- crusade to stop the "Seduction of the Innocent." The fact that most people don't know about it tells you just how effective it was…
6/24/2016 • 9 minutes, 5 seconds
Before and After Orlando
If a nation can have a bad week, then the week beginning Sunday June 12 was pretty awful. We all know about the mass shooting in Orlando. Yet what followed only made things worse. The murder of 49 people has been grotesquely politicized -- far MORE politicized than in any instance of a mass shooting. Pop Trends Price Culture considers, "Why?"
6/17/2016 • 12 minutes, 2 seconds
The Greatest? Yes, and Eventually the Whole Planet Agreed
In the 20th century or any other, there's never been a one-man intersection of sports, politics and pop culture, the way we witnessed in Muhammad Ali. Yet this podcast is not mere tribute. We do have something to add, a relevant context to the epic and very public life that Ali lived. And I may as well take the risk of saying that our observation is one you won't hear elsewhere...
6/8/2016 • 8 minutes, 15 seconds
What a "Do Anything It Takes" Presidency Looks Like
Can you name the MOST authoritarian government document in U.S. history? A Pulitzer Prize winning author described it as a plan "for America's intelligence services ... to monitor the communications of American citizens, intensify the electronic surveillance of dissidents, read their mail, burglarize their homes and offices, and step up undercover spying." Pop Trends, Price Culture connects the dots from the 1960s to the 1970s and to our day.
6/3/2016 • 9 minutes, 47 seconds
The Political Model for the Man Who Would Be Bully
Who's America's biggest political bully of the past 70 years? That's the question -- so discover how your (elected politician only) answer compares to the person we describe in this episode of Pop Trends, Price Culture.
5/27/2016 • 8 minutes, 14 seconds
American History's Most Presumptive Nominee
What kind of scenario "leads to a multi-decade setback or dissolution" of one of the major political parties? From the top down and the bottom up, the answer is unfolding right before our eyes. Listen to the big picture story.
5/6/2016 • 5 minutes, 18 seconds
Part II: Mood in the Voices of Great Black Comedians
After the long-term stock market low in late 1974, positive
social mood slowly began to build. Cultural evidence of the
positive turn became visible in the success of great black
comedians on stage, in film, and on television. Our friend Dr.
Dennis Elam delivers part two of the story.
4/29/2016 • 7 minutes, 7 seconds
How to Hear Mood in the Voices of Great Black Comedians
You know their names -- Pryor, Cosby, Eddie Murphy and more -- the great black comedians of the past 50 years. Yet you may not realize how these great comic voices were also the "audio track" for the trends and turns in social mood across the decades. Our friend Dr. Dennis Elam tells the story.
4/22/2016 • 8 minutes, 15 seconds
The Only Year America Got (Literally) Smaller
It was the one year in the 20th century that the United States population actually decreased in size. Several mood-driven events intersected to create a catastrophic outcome. The question is, what have we learned?...
4/15/2016 • 8 minutes, 35 seconds
"Rational Man" vs. The Rest of Us
It's easy to ignore information that contradicts what you think you know. Yet it's hard later on to find out that the information was right -- and that you were mistaken. We've all been there -- and most of us try to learn from our mistakes. But, you can't say that you're "learning from a mistake" if you have information you know is correct and choose to ignore it…
4/8/2016 • 5 minutes, 50 seconds
Emptied of Facts, Filled with Stupid (Again)
Who actually tries to get away with making the most outrageous and extreme comments in public? No, not professional wrestlers. The answer is, “Aspirants to the Oval Office.” Pop Trends, Price Culture explained why the Stupid Season of presidential politics arrived nearly a year and a half ahead of schedule.
4/1/2016 • 7 minutes, 22 seconds
How (and Why) Horror Movies Reflect Horror Markets
We survey history's greatest horror films across the decades, and WHY they so often cluster during stock market declines. It's no coincidence. And don't miss the exquisitely done chart that brings the "why" to life visually, on the show notes page.
3/24/2016 • 11 minutes, 8 seconds
A Safari Hunter Meets Social Mood: Conference Preview
Alastair Macdonald has a pretty cool resume: Successful business owner, stockbroker on Wall Street, and a real estate investor. Yet he was born & raised in Zimbabwe, so before his career in finance he was a professional hunter and safari guide -- including leading a National Geographic film crew on a safari on the Zambezi River. Alastair has had amazing success using socionomics to anticipate major trend changes: This episode is a preview of what he'll have to say as a speaker at our Social Mood conference this coming April 9th in Atlanta.
3/18/2016 • 11 minutes, 29 seconds
Crack This Phone: Why the FBI Told the Media Before It Told Apple
The FBI knew who it was up against: Apple is a beloved and admired tech company, with hundreds of millions of loyal users. So, the FBI waited until it had a high-profile, clear-cut case of appalling terrorism to make its move. But what the FBI didn't foresee is just how anti-authoritarian Apple was (and is) prepared to be.
3/11/2016 • 7 minutes, 37 seconds
2016 Election Precipice: 'Multi-decade setback, or dissolution'
The 2016 presidential race had already become the most fractious since 1968, yet in the days immediately following Super Tuesday (March 1) this election cycle mutated from a semi-amusing food fight amongst the candidates, and into an epic mood-driven political showdown. Hear the latest on Pop Trends, Price Culture.
3/4/2016 • 4 minutes, 51 seconds
A Lifetime of Elliott, As Told by a 30-Year Wall Street Insider
Andrew Baptiste’s career spans three decades on Wall Street, including senior positions at Morgan Stanley and J.P. Morgan. Yet his familiarity with the Elliott Wave Principle began even earlier, as an insight literally passed from father to son. Hear him for yourself in this week’s episode of Pop Trends, Price Culture.
2/26/2016 • 10 minutes, 44 seconds
Conference Preview: Dr. Dennis Elam Combines Pop Culture and Finance
Dr. Dennis Elam is a tenured accounting professor at Texas A&M University-San Antonio. He is an expert in finance, yet Professor Elam blows up stereotypes about the accounting profession. He's incredibly well versed in popular culture: his insights go from Richard Pryor, to themes in cinema, to the "mob museum" in Las Vegas. Dr. Elam will join us as a featured speaker on April 9 in Atlanta, for the 2016 Social Mood Conference.
2/19/2016 • 7 minutes, 47 seconds
Make "Politically Incorrect" Cool … Win the White House?
Win the White House by making it cool to be politically incorrect? This strategy is working for more than one candidate. Even so, the un-PC trend is only an effect. There's a much bigger cause to explain why so many people today despise political correctness.
2/12/2016 • 9 minutes, 23 seconds
Epic Anger Against A Music Trend … Goes to A Baseball Game
It had been a bear market for a lot of years. The headlines were a parade of scary bad news. People were so polarized that fan groups began to hate on each another's music -- hostility so strong that it became its own trend. Then, an episode of this negative mood literally exploded its way into America's National Pastime: Namely, in the outfield between games of a double header.
2/5/2016 • 8 minutes, 50 seconds
Name That Fear Tune: What WERE You Afraid Of?
Let's play "Name That Fear Tune." Listen to a couple of brief clips from a certain video presentation, and see if you can guess the topic behind the "fear tune." Hint: It's not the kind of dry documentary that's made for over-educated people...
1/29/2016 • 9 minutes, 40 seconds
The Political Prisoners That Positive Mood Could Not Set Free
What happens when you speak against your country's decision to go to war? Nothing good, most of the time: It's the hardest kind of political dissent. Here's a true tale of dissenters who were (so to speak) jailed by negative mood, yet remained in prison for years even after mood turned positive.
1/22/2016 • 8 minutes, 10 seconds
Angry Faces of Mood-Driven Politics: Then and Now
If his blunt words or insults hurt your feelings, too bad. As for the media, screw them too -- he's the master of his own message… Those words clearly bring to mind a certain leading presidential contender, but as Pop Trends, Price Culture explains, the big-picture truth goes far beyond any ONE candidate...
1/15/2016 • 11 minutes, 28 seconds
The Political Mood That Made Two Men 'Best of Enemies'
In 1968, anyone with a sense of American politics and history knew that they were living in a uniquely tumultuous time. Then, in August '68 came the epic, mood-driven debates between two men that created "The Best of Enemies." You may or may not know the story -- but Pop Trends, Price Culture helps you see (and hear) it in a whole new light.
1/8/2016 • 8 minutes, 1 second
In Defense of Ebenezer Scrooge
There's no need to explain the name "Scrooge." It can be spoken playfully, but when someone uses that name seriously you know what it means: Heartless. Unforgiving. Spiteful in a season that calls for generosity. Yet for this Christmas season, Pop Trends Price Culture goes where even a "contrarian" might fear to tread -- by defending Ebenezer Scrooge.
12/23/2015 • 3 minutes, 24 seconds
Do It For the Children (or can they 'Do' for themselves?)
Legalization: An influence for teens to smoke pot? The 'King of emotional arguments' goes up against a serious body of facts and evidence, as this episode of Pop Trends Price Culture considers whether the social mood trend will finish what it started.
12/18/2015 • 6 minutes, 21 seconds
What Are You Afraid Of
Does news coverage of "threats" help you know what the threats really are? How DO you think about real vs. perceived threats -- to your safety, health, and life? And, what the heck do bookmakers have to do with these questions? Check out this episode for the answers.
12/16/2015 • 6 minutes, 57 seconds
"Elvis, Frankenstein and Andy Warhol"
When and where did a national audience first read about popular culture and the stock market? This episode of Pop Trends, Price Culture answers that question, and spells out why the insight about social mood is more relevant today than ever.
12/9/2015 • 6 minutes, 42 seconds
Private Ownership, Collective Thanksgiving
We don't think of The Pilgrims as "risk takers," but the fact is that they took risks on a scale few of us can even imagine. Yet the smartest risk the Pilgrims took is the one few people even know. Discover what it was in this episode -- plus a few thoughts on the risks of wise compassion.
12/2/2015 • 4 minutes, 20 seconds
Syria: Global Negative Mood Pinpointed on a Map
What makes the upheaval in Syria SO impossible is that 15 separate countries have active military operations in that country. The war also involves non-state group like ISIS, the Kurds, and Hezbollah. With a crisis this thorny, new or useful insights are in short supply. Can we shed light on how you see this conflict? In a word, yes...
11/20/2015 • 5 minutes, 7 seconds
What About the When of Saying I'm Sorry?
"I'm sorry" -- it's the first truly hard-to-say phrase we repeat as children. We all know why apologies matter. Yet with big public apologies, what about the when? Are big apologies more frequent in certain recognizable eras? Pop Trends, Price Culture explains how social mood feeds the emotions that motivate "I'm sorry"...
11/13/2015 • 6 minutes, 48 seconds
Fed Funds Rate - The Most Important Thing In The World
“The Most Important Thing in the World…” Yes, that is the conventional wisdom about the fed funds rate. No, we are not putting words in anyone’s mouth. Someone really said it: Hear that audio clip – and lots more – for yourself. Pop Trends, Price Culture considers what really is (and is not) “the most important thing…”
11/6/2015 • 8 minutes, 8 seconds
Why Financial Opposites Were Crowned as Equals
Can two economists from opposing schools of thought share the Nobel Prize in the same year? They can ... and they did. Yet this mixed-up decision becomes clear when you see it as a story about mixed...
10/30/2015 • 7 minutes, 46 seconds
What - or Who - Is An Investor's Greatest Enemy?
The only thing worse than making a bad decision is to make a bad decision and think that it's good.
10/23/2015 • 6 minutes, 16 seconds
The 20th Century's Greatest and Most Chilling Trick or Treat
Halloween is right around the corner: This episode of Pop Trends, Price Culture pays tribute to the greatest and most chilling 'Trick or Treat' prank of the 20th century. Let's just say that, if anything, America's mood was a bit too ready for this one. Plus, a link to the free video we call "History’s Hidden Engine."
10/16/2015 • 6 minutes, 13 seconds
How Music Captured the Grief of A Collapsing World
As the world was falling apart, a towering maestro gave the world an exquisite composition that both captured and reflected the grievous sentiment of that time. This week's episode of Pop Trends, Prices Culture tells part one of an exceptional two-part story. Plus, a link to the free video we call "History's Hidden Engine."
10/9/2015 • 12 minutes, 16 seconds
White Hats, Black Hats, and Vigilantes
The public loves portrayals of vigilante justice. Memorable vigilantes are sometimes a ‘good guy,’ other times they are … something else. Why? Where did those characters come from? Are there ever ‘good guy’ vigilantes in the real world? These great questions get great answers in this episode of Pop Trends, Prices Culture. Plus, read Bob Prechter's original essay that explains the link between pop culture & the stock market (free!).
10/2/2015 • 6 minutes, 58 seconds
How to Make National News by Doing Nothing
More than 80 percent of economists predicted it would happen. The Fed would raise interest rates. It would be the 'All Clear' signal for the economy. But... it didn't happen. The entire economics profession was caught off guard. Listen to the 'follow up story' you won't get anyplace else.
9/25/2015 • 5 minutes, 43 seconds
Part 2: How - and Why - We Go to War
Just before he was re-elected, the President assured the public that America would not go to war. But go to war it did -- complete with harsh anti-immigration laws, and tens of thousands of naturalized citizens in "relocation camps." No, this isn't a re-run of our previous episode. Different president, different war -- but social mood was very much alike.
9/18/2015 • 9 minutes, 51 seconds
Part 1: How - and Why - We Go to War
For the past 100 years, social mood has been pivotal in America’s decisions to go to war. This episode of Pop Trends, Price Culture shows just how true this is was for World War I – despite...
9/15/2015 • 6 minutes, 49 seconds
Immigration - Political Stupid Season Escalates
Immigration policy has been an epic contradiction all thru U.S. history. America is “a nation of immigrants,” yet major political trends in America frequently include outbursts of anti-immigration...
9/4/2015 • 6 minutes, 15 seconds
Emptied of Facts, Filled with Stupid
Who actually tries to get away with making the most outrageous and extreme comments in public? No, not professional wrestlers. The answer is, “Aspirants to the Oval Office.” Pop Trends, Price Culture explains why the Stupid Season of presidential politics has arrived a full year ahead of schedule.
8/7/2015 • 7 minutes, 3 seconds
The Smell of China's Meltdown, Six Months Ago
The meltdown of China’s stock market is arguably the biggest global financial story so far in 2015. The decline began barely six weeks ago, yet the Shanghai index has lost nearly one-third of its value.
7/31/2015 • 8 minutes, 32 seconds
Offered: A Perspective On Why Charleston Didn't Go Up in Flames
A few provocative questions: Just over a month ago, 9 people were murdered in a church in Charleston, SC. What if people there had responded by looting and destroying property?
7/24/2015 • 8 minutes, 41 seconds
What Makes Mortal Enemies Make Nice?
To “demonize the enemy” is a staple of war propaganda. But, you don’t need a war to call your enemy demonic. Case in point, the United States and Iran for the past 35 years – as in, “The Great Satan” vs. “The Axis of Evil.” Each country really did use language that describes a mortal foe. So what on earth explains recent news of these two enemies shaking hands over a comprehensive nuclear agreement? This week’s Pop Trends, Price Culture explains the otherwise inexplicable answer.
7/17/2015 • 8 minutes, 7 seconds
Marijuana, Eight Presidents, One Neurosurgeon - and Social Mood
What made a sitting president go on TV to show America a big bag of crack cocaine - literally? And what made a later president drop the phrase “War On Drugs” from his vocabulary?
7/9/2015 • 12 minutes, 6 seconds
4th of July Week: Hear How an "Independent Mind" Truly Works
Real liberty begins with independent thinking -- and Professor Dennis Elam is really good at it. You heard his insights for yourself if you caught part one of our interview, and in part two he covers an even more amazing range of topics...
7/1/2015 • 9 minutes, 19 seconds
How this Professor Makes 'Fascinating' and 'Accounting' Work in the SAME Sentence
Dr. Dennis Elam is a tenured professor of accounting at Texas A & M University, San Antonio. He is an expert in finance, yet Professor Elam blows up stereotypes about the accounting profession. He's incredibly well versed in popular culture: his insights go from Richard Pryor, to themes in cinema, to the "mob museum" in Las Vegas. And, as we learned in conversation with Professor Elam, he actually applies socionomics in his curriculum for accounting -- students love it.
6/24/2015 • 8 minutes, 38 seconds
The Rise of the Anti-Authoritarians: Then and Now
Can you name the MOST authoritarian government document in U.S. history? A Pulitzer Prize winning author described it as a plan "for America's intelligence services ... to monitor the communications...
6/18/2015 • 9 minutes, 36 seconds
Here's Where Art AND Life Imitate Mood
Lots of critics say television has been in a second "Golden Era." But truth be told, the phrase 'Dark Golden Era' describes it better -- because the best shows in the past 15 years have indeed been a deep shade of "dark gold." Listen in and hear Robert Folsom's four top nominees for the best and most conspicuously negative shows since 1999 (yes, including Game of Thrones).
6/11/2015 • 9 minutes, 49 seconds
No Turning the Dial on This Prime Time Revolution
The 'Rural Purge' of the 1970-1971 season changed television forever -- it was fast, dramatic and revolutionary, yet it's all but unknown today. This historic transformation reveals an influence more powerful than historians and sociologists can ever discern.
6/3/2015 • 10 minutes, 45 seconds
What Happened When A Safari Hunter Met Social Mood
Alastair MacDonald has a pretty cool resume: Successful business owner, stockbroker on Wall Street, and a real estate investor. Yet he was born & raised in Zimbabwe, so before his career in finance he was a professional hunter and safari guide. Alastair has had amazing success using socionomics to anticipate major trend changes. Hear his story now.
5/27/2015 • 11 minutes, 27 seconds
If Cash Is King, Is Government An Assassin?
Two stories this week reveal huge possible abuses of government power. Both stories were vastly underreported in the media -- and both also sound too far-fetched to be true... but they are.
5/20/2015 • 8 minutes, 43 seconds
Old Tech/New Tech: Spying on U.S. Citizens Is Mood Off the Rails
The 100-year rise of the security state did NOT happen in subtle steps across decades. Instead, nearly all the growth came during identifiable SURGES — specific periods when the downtrend in social mood fueled the uptrend of authoritarianism.
5/13/2015 • 11 minutes, 8 seconds
How NOT to Treat Our Soldiers - A Forgotten True Tale
When Uncle Sam said 'I want YOU,' they stepped forward. But after 14 years the U.S. government STILL would not pay the money it owed tens of thousands of military veterans for their war service. This shameful true story previews the rise of the security state.
5/6/2015 • 8 minutes, 5 seconds
A 30-Year Wall Street Insider Describes A Lifetime of Elliott
Andrew Baptiste's career spans three decades on Wall Street, including senior positions at Morgan Stanley and J.P. Morgan. Yet his familiarity with the Elliott Wave Principle began even earlier, as an insight literally passed from father to son.
4/29/2015 • 9 minutes, 3 seconds
A Bullish Ghost Inhabits Market Sentiment
When do you know the past is about to repeat itself? Well, in the stock market that time comes when you hear phrases like “This time it’s different,” or, like today’s “New Normal.” Get the 9-minute...
4/22/2015 • 9 minutes, 33 seconds
A Bad Call and Busted Career, Reconsidered
Can you name the first “Rock Star” economist? No, not Robert Shiller. Not Greenspan. Not even Milton Friedman. It was the 1920s, when virtually every literate American knew Irving Fisher.
4/15/2015 • 9 minutes, 20 seconds
From Econ to Comedy The Ruin of Heroes
What could the Federal Reserve and comedian Bill Cosby possibly have in common? In a sentence, “Ruined reputations, thanks to negative social mood.” Yes it sounds bizarre -- but hear Robert Folsom and TR explore WHY the ugly hidden truths about heroes (and heroic institutions) can so suddenly make news. Listen for yourself.
4/8/2015 • 8 minutes, 34 seconds
The Fed Loses Its "Superpowers"
The central bank has a story to tell about itself. Should you believe it? We explain why the Fed wants you to think it has superpowers, even as it befuddles you with preposterous language.
3/31/2015 • 8 minutes, 58 seconds
The Who and Why of Getting PAID to Borrow Money
How do you define "Deflation"? Hint: It begins with psychology, NOT with falling prices. Deflation turns the economy and financial world upside down, to the point that borrowers get PAID by lenders. Get the 9-minute story in this episode of Pop Trends, Price Culture.
3/25/2015 • 9 minutes, 17 seconds
Horror Movies Horror Markets
We survey history's greatest horror films across the decades, and WHY they so often cluster during stock market declines.
3/17/2015 • 11 minutes, 21 seconds
If Money Is On Sale, Why Is Almost No One Buying
Bond yields have fallen to 50-year lows in the world's major economies, and this trend has reached nearly ALL countries. Yet if you can even find a news article about this story, it will probably include phrases like "unanticipated," "surprise," and "against the consensus forecast." What that means is, the experts did NOT see any of this coming...
3/11/2015 • 7 minutes, 25 seconds
Annabelle
Three hugely popular horror movies, and three simultaneous stock market declines. Is that just a semi-interesting coincidence... or could the timing of bear markets in stocks and the popularity of...
3/4/2015 • 5 minutes, 29 seconds
Profanity, Comedy and Social Mood
Social mood transformed a pair of conventional comedians - George Carlin and Richard Pryor - into two of history's greatest stand-up comedians. Hear the story you haven't heard told until now...
3/2/2015 • 13 minutes, 29 seconds
Lenny Bruce
Ten minutes about Lenny Bruce, one of the greatest comedians of all time. His career, says Folsom, was shaped more by social mood than any other stand-up comedian in history.