Laura S. Nowak

Monetary Policy and Investment Opportunities

• Gebundenes Buch

Produktbeschreibung

Federal Reserve monetary policy has a profound effect on the U.S. economy and consequently on investments. This unique book combines the institutional approach to monetary policy with the theories and principles involved in applying that knowledge to investing. Although there are many books on the Federal Reserve and a myriad of books on investing, this synthesis of institutional, theoretical, and practical applications is unique to the marketplace. In part I, Laura Nowak reviews the political origins of the Federal Reserve and follows its growth into the powerful arbiter of U.S. economic policy today. The actual conduct and effects of monetary policy are then explained with an eye toward identifying changes in policy that can be applied to the investment world. In part II, the effects of monetary policies on stock and bond markets and on particular industires are discussed, followed by a description of the investment instruments that will be impacted by different policies. In conclusion, Nowak offers a chapter of suggestions for hedging against changes in monetary policy and another chapter describing the tools that can be used for this purpose. The book will be useful to investment professionals who are intimately involved in their own specialty but who want and need to understand how the system works so they can improve their performance and advise their clients with more knowledge and authority.

---

Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.

Produktdetails

• Verlag: Praeger
• Seitenzahl: 228
• Erscheinungstermin: 30. Januar 1993
• Englisch
• Abmessung: 240mm x 161mm x 17mm
• Gewicht: 513g
• ISBN-13: 9780899306117
• ISBN-10: 089930611X
• Artikelnr.: 25602692

Autorenporträt

Laura Nowak

Inhaltsangabe

Preface The Central Bank's Effect on the Financial System and the Economy
The Power and Structure of the Central Bank Federal Reserve Open Market
Operations and the Government Securities Market The Effect of Open Market
Operations on Short Term and Long Term Interest Rates The Structure of
Interest Rates Monetary Policy and Fixed Income, Equity, and Other
Investments The Effect of Monetary Policy on the Stock and Bond Markets
Short Term Fixed Income Securities Intermediate and Long Term Fixed Income
Securities The Effect of Monetary Policy on Particular Industries
Speculative, Derivative, and Hybrid Instruments Hedges Against Monetary
Policy