{"id":233932,"date":"2010-01-26T17:06:00","date_gmt":"2010-01-26T22:06:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/saying-robert-prechter-tanked-the-market-with-this-interview-is-absurd-2010-1"},"modified":"2010-01-26T17:06:00","modified_gmt":"2010-01-26T22:06:00","slug":"did-this-robert-prechter-interview-tank-the-market","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/233932","title":{"rendered":"Did This Robert Prechter Interview Tank The Market?"},"content":{"rendered":"<p>Robert Prechter appeared on CNBC this afternoon and &#8211; gasp &#8211; he called for a market crash and a <a href=\"http:\/\/www.businessinsider.com\/prechter-gold-to-fall-40-from-here-2010-1\">big rally in cash<\/a>.<\/p>\n<p>He&#8217;s always interesting (and in particular we liked his comment about looking for buying opportunities in a few years from now), but we really doubt this interview tanked the market, as some on CNBC suggested since, well, there&#8217;s really nothing surprising here. At all.<\/p>\n<p>\n<object id=\"cnbcplayer\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" width=\"400\" height=\"380\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=9,0,0,0\"><param name=\"type\" value=\"application\/x-shockwave-flash\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"quality\" value=\"best\" \/><param name=\"scale\" value=\"noscale\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"bgcolor\" value=\"#000000\" \/><param name=\"salign\" value=\"lt\" \/><param name=\"movie\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1396408105\/code\/cnbcplayershare\" \/><embed type=\"application\/x-shockwave-flash\" width=\"400\" height=\"380\" src=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1396408105\/code\/cnbcplayershare\" name=\"cnbcplayer\" pluginspage=\"http:\/\/www.macromedia.com\/go\/getflashplayer\" allowfullscreen=\"true\" allowscriptaccess=\"always\" bgcolor=\"#000000\" quality=\"best\" wmode=\"transparent\" scale=\"noscale\" salign=\"lt\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/saying-robert-prechter-tanked-the-market-with-this-interview-is-absurd-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/prechter-gold-to-fall-40-from-here-2010-1\">Prechter: Gold To Fall 40% From Here<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/prechter-this-is-it-the-new-bear-market-has-begun-2010-1\">Prechter: This Is It, The New Bear Market Has Begun<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/robert-prechter-2010-will-be-a-big-down-year-2009-12\">Robert Prechter: It&#8217;s A Great Time To Get Out Of The Market<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/zET6JOX_nFU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robert Prechter appeared on CNBC this afternoon and &#8211; gasp &#8211; he called for a market crash and a big rally in cash. He&#8217;s always interesting (and in particular we liked his comment about looking for buying opportunities in a few years from now), but we really doubt this interview tanked the market, as some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-233932","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/233932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=233932"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/233932\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=233932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=233932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=233932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}