As we discussed in a November Mood Riff, vaping among teenagers is surging. This week, a CDC report said tobacco cigarettes’ use among teens jumped 38% in 2018 vs. 2017. The CDC director opined, “That progress [in the fight against tobacco use] that we’ve made over the past years has been completely erased.”
In this excerpt, Robert Prechter outlines Elliott wave patterns in several non-financial data series, including U.S. tobacco use, union membership and New York City homicides.
These insights have significant implications for sociologists, policy makers and other researchers who forecast these trends.
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.