Description
As economists continue to sort out all the reasons behind the crash of 1987, one thing is now unquestionably clear: A revolutionary new type of financial marketplace has begun to emerge.Globalized and electronic, today's marketplace is an extremely volatile one in which traditional boom and bust cycles have been magnified into a rapid series of marketshocks--the effects of the ongoing clash between powerful new information technologies and archaic regulations.
How can investors protect themselves against these devastating marketshocks? And, more importantly, where are the hot new opportunities, and what sorts of investment strategies work best in today's financial marketplace?
Find out in MarketShock, the groundbreaking new book by Mark Fadiman. In his critically acclaimed Rebuilding Wall Street, Fadiman gave us our first clear view of the computerized international financial marketplace. Now, in MarketShock, he helps traders and money managers learn the new rules of the trading game.
Fadiman visits with more than fifty leading experts from around the world, including the likes of Harvard Business Review editor Joel Kurtzman; top Wall Street trader, Gregory Kipnis; and Roger Ibbotson, Yale Finance Professor and President of Ibbotson Associates.
Fadiman visits with more than fifty leading experts from around the world, including the likes of Harvard Business Review editor Joel Kurtzman; top Wall Street trader, Gregory Kipnis; and Roger Ibbotson, Yale Finance Professor and President of Ibbotson Associates.
In interviews with these consummate insiders, we hear their candid views on everything from the explosive growth of global electronic trading networks and clumsy attempts to regulate them, to the misunderstood role of MITI in the "Japanese miracle," and the emergence of a worldwide fiat-money system led by an increasingly unstable consortium of European powers.
Throughout MarketShock, Mark Fadiman masterfully analyzes what these experts have to say and injects his own historical insights into the discussion to offer an astonishingly lucid picture of current and future trends.
Throughout MarketShock, Mark Fadiman masterfully analyzes what these experts have to say and injects his own historical insights into the discussion to offer an astonishingly lucid picture of current and future trends.
In this way, he helps readers to pinpoint the exciting investment opportunities opening up as a result of the historic changes now underway and to develop winning strategies based on global diversification and asset allocation.
Offering the clearest, most insightful vision yet of the realities of financial markets in the marketshock era, along with a wealth of clear-cut advice for seizing new market opportunities opening up around the globe, MarketShock is a surefire investment opportunity you don't want to pass up.
ISBN:9780471599098
Offering the clearest, most insightful vision yet of the realities of financial markets in the marketshock era, along with a wealth of clear-cut advice for seizing new market opportunities opening up around the globe, MarketShock is a surefire investment opportunity you don't want to pass up.
ISBN:9780471599098