Name: Global Shocks: An Investment Guide for Turbulent Markets
Price: 39.36 EUR
Availability: InStock
Author: Sargen, Nicholas P.
ISBN: 9783319822679

portada Global Shocks: An Investment Guide for Turbulent Markets

Global Shocks: An Investment Guide for Turbulent Markets

Type

Physical Book

Author

Nicholas P. Sargen

Publisher

Palgrave MacMillan

Language

English

Pages

192

Format

Paperback

Dimensions

23.4 x 15.6 x 1.1 cm

Weight

0.30 kg.

ISBN13

9783319822679

Synopsis "Global Shocks: An Investment Guide for Turbulent Markets"

This book, which is written from a practitioner's perspective, fills the void by providing the reader with a toolkit and guiding principles to manage money when markets are in turmoil. It features ten case studies beginning with the breakdown of the Bretton Woods fixed exchange rate system through the current situation in which investors are assessing whether China could become the next bubble. Each chapter discusses how the respective crisis or bubble unfolded at the time, the way policymakers and markets responded, and the optimal strategy for positioning portfolios.The goal is to share these experiences and the lessons from them, so investors will be better prepared for future shocks. The opening chapter explores whether there are common patterns in movements of interest rates and exchange rates that investors can exploit. A conceptual framework is presented that helps explain why this is the case for traditional currency crises, but less so for asset bubbles. The concluding chapter ties the episodes together and considers how the nature of financial crises has evolved since the collapse of Bretton Woods. We cite factors that make it difficult for policymakers and investors to detect problems in advance of an asset bubble. The good news is investors get a second chance to outperform when markets are over-sold; however, they need to formulate a strategy to limit the damage during the sell-off phase and to capitalize on the eventual recovery.

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Global Shocks: An Investment Guide for Turbulent Markets - Sargen, Nicholas P.

Synopsis "Global Shocks: An Investment Guide for Turbulent Markets"

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