Don Devitto

Irrational Markets and the Illusion of Prosperity (eBook, PDF)

• Format: PDF

Produktbeschreibung

Irrational exuberance - the now-famous utterance of Alan Greenspan, referred to the seemingly unending upward spiral of the stock market. Of course, as every investor knows, the stock market plummeted after this comment was made, only to recover and exceed every known record over the next year. Nothing, it appears, could keep this market down: not inflationary pressures, concerns over the Asian economic crisis, lack of earnings in many companies, nor elevated stock prices. Nothing, it seems, could stop investors in their passion for bidding up prices of stocks, especially technology and telecommunications. But beware: Irrational Markets warns that Americans are living in an economic dreamland, and that the long bull market and low unemployment levels have only masked a disturbing economic reality - in short, we're in for a rude awakening. Based on extensive research, this provocative book is sobering reading for any current or would be investor.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 180
• Erscheinungstermin: 31. Oktober 2013
• Englisch
• ISBN-13: 9781135949907
• Artikelnr.: 39958693

Autorenporträt

Authored by DeVitto, Don

Inhaltsangabe

Chapter 1 Inflation and Stock Prices
Chapter 2 Deflation
Chapter 3 Speculation and Manias
Chapter 4 Overvaluation
Chapter 5 Debt and Savings
Chapter 6 Disturbing Signs
Chapter 7 The Internet
Chapter 8 Deflation and Your Investments
Chapter 9 Bursting the Bubble
Chapter 10 Conclusion