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Pop Trends Price Culture

Pop Trends, Price Culture is the podcast about the intersection of psychology and markets. You can access our show notes at www.elliottwave.com/podcast (it's free). In each episode, Robert Folsom presents real people and real stories as they meet in the crossroads of mood and markets. Note: This podcast contains strong opinions and strong language.
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Pop Trends, Price Culture is the podcast about the intersection of psychology and markets. You can access our show notes at www.elliottwave.com/podcast (it's free). In each episode, Robert Folsom presents real people and real stories as they meet in the crossroads of mood and markets. Note: This podcast contains strong opinions and strong language.

Feb 12, 2017

The meaning behind the words "fake news" makes it one of the fastest-moving phrases I've ever seen. A couple of months ago it described deliberately false journalism. Yet today, "fake news" has morphed into a word weapon some people use to discredit news and information they don't like.

But whether it's false journalism or word weapons, the best defense against "fake news" is … Smart listeners.

Let's get started.

Feb 10, 2017

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.

Feb 5, 2017

It's getting to harder and harder to find useful comparisons: Is this like 1968? … or 1937? … or 1984? Is he Reagan or Nixon or Andrew Jackson or Herbert Hoover?

It may feel like we're orbiting around an unnamed planet, but rest assured: The law of gravity has not been revoked. Social mood is at work in the politics of the moment -- and beyond.

Listen on to hear what we see.

Feb 3, 2017

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.

Feb 1, 2017

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.

Jan 27, 2017

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.

Jan 22, 2017

The more interesting something seems, the more likely you are to engage with it emotionally. Interest and emotion are hard to keep separate -- the closer you look, the more your rational mind can begin to give way to the whims of like and dislike. And boy, have we ever started to "live in interesting times."

An understanding of social mood is not a superpower that allows emotion-free insights. Yet, it can help equip you with an analytical perspective, to help distinguish facts from fake-news fiction. Listen on and see if you agree.

Jan 20, 2017

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...

Jan 15, 2017

Whenever one news story dominates the headlines long enough, other important news can go unnoticed. Like right now: The Russia-Putin-Trump train wreck is a compelling story, but when it comes to a U.S. military confrontation, the risks posed by China may be the story to watch.

Jan 13, 2017

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). 

Jan 8, 2017

Can apologies fall "out of fashion"?

Yes indeed, especially grand-scale apologies made for grand-scale injustices done in the past. Negative vs. positive social mood drives the desire to express regret, or not.

Listen on to hear what we see.

Jan 6, 2017

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.

Dec 30, 2016

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.

Dec 27, 2016

In a typical week, you have lots & lots of choices about what to read, hear and watch. But this week of the year is not typical -- it's the holidays. Meaning, your choices and time demands feel more crowded.

Yet you chose to give a few moments of your time to us. Please know that we're grateful for that.

We hope you have a great holiday,

Let's get started.

Dec 23, 2016

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. 

Dec 18, 2016

What does positive social mood actually do?

For starters, if you're in a population that has enjoyed an extended period of positive mood, outbreaks of disease are less likely to happen. If mood is positive and you personally hold a relatively higher place in the social hierarchy, odds are even higher that you'll avoid an outbreak of disease.

Alas, of course, if those circumstances apply to you in reverse … well, be especially mindful to stay current with your flu shot (etc).

Let's get started.

Dec 16, 2016

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...

Dec 11, 2016

More education. More information. More entertainment. More quality goods and services to consume…


All this we have, or have available to us. When we live in a world with increasing opportunities to improve our own quality of life, then why do political outcomes world-wide seem to express so much dissatisfaction, grievance and anger?


That's a big question, and I don't pretend to have simple & fast answers. But at least one can ask. And social mood needs to be part of the discussion that follows.

Dec 9, 2016

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.

Dec 4, 2016

"Smoke" is the metaphor or image people commonly use to warn that the heat from a small combustion may soon become a much larger blaze. And that's the word that came to my mind in listening to Brian Whitmer's discussion of populist politics in Europe.

The word smoke does of course still carry an important literal meaning -- as in, the stuff that does your lungs no good. This week, the literal and metaphorical smoke we spotted in the news adds up to mood-driven events.

Listen on to hear what we see.

Dec 2, 2016

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.

Nov 27, 2016

I'm recording this before Thanksgiving, though you're listening to it afterward. I trust your holiday was a good one.


Among my reasons to give thanks, nothing is more dear than the freedom to think for myself -- and we assume that readers of this page are of kindred mind. As always, listen on and enjoy.

Nov 25, 2016

We don't usually 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 of Pop Trends, Price Culture -- plus a few thoughts on the risks of wise compassion. 

Nov 20, 2016

"Global wave of anxiety" is how one news report put it, referring to election outcomes that include Trump and Brexit. Yet the scope of this "wave" goes beyond election politics -- the bigger context is a pronounced shift in the 500-year globalization trend.

Listen on & hear what we see.

Nov 18, 2016

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.

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