Bonds Are Not Forever. The Crisis Facing Fixed Income Investors
Электронная книга
- Автор: Simon Lack A.
- Издатель: John Wiley & Sons Limited (USD)
- Год:
- ISBN: 9781118659601
- Цена: 2780.87 Руб.
Знание является лучшим оружием, и книга - неиссякаемый источник мудрости. И не только их... И это блестящий образчик той работы, что способствует расширению кругозора и помогает человеку познать, изменить и улучшить свое личное благосостояние - "Bonds Are Not Forever. The Crisis Facing Fixed Income Investors"
An up-close look at the fixed income market and what lies ahead Interweaving compelling, and often amusing, anecdotes from author Simon Lack's distinguished thirty-year career as a professional investor with hard economic data, this engaging book skillfully reveals why Bonds Are Not Forever. Along the way, it provides investors with a coherent framework for understanding the future of the fixed income markets and, more importantly, answering the question, «Where should I invest tomorrow?» Bonds Are Not Forever chronicles the steady decline in interest rates from their peak in the 1980s and the concurrent drop in inflation during that period. Lack explains how those two factors spurred a dramatic growth in borrowing among both governments and individuals. Along the way, Lack describes how a financial industry meant to provide capital needed to drive productivity and economic growth became disconnected from Main Street and explores the grave economic, social, and political consequences of that disconnect. Provides practical solutions for avoiding the risk of falling bond markets and guaranteed negative real returns on savings Explains how the bursting of the real estate bubble in 2007–2008 led to massive borrowing by governments as they attempted to offset a sharp fall in economic activity Details how the trends of exploding debt and a financial sector that has grown much bigger than it needs to be have dramatically changed the game for savers Offering a uniquely intimate, yet analytically thorough look at the coming fixed income crisis, Bonds Are Not Forever is must reading for investment professionals, as well as retail investors and their advisors.
Не сомневаемся, что "Bonds Are Not Forever. The Crisis Facing Fixed Income Investors" окажется полезной и поможет разобраться со своими денежными проблемами и помочь другим.