Economists and the Financial Markets (Electronic book text)

In Economists and the Financial Markets the author explores how a knowledge of economics, correctly applied, can enhance investment performance. The book is divided into seven sections dealing with a range of issues, including the valuing process, interpreting the news, the challenges of long term business scenarios, the business and growth cycle, and the economist as strategist. Using events as diverse as the Wall Street Crash of 1929 and the 1994 Canadian General Election, to European monetary union and Japanese earthquake damage, the author traces the responses of the market to a variety of financial events. Throughout, the importance of scenario building is emphasized, along with illustrations of how the economist can build practical skills in the marketplace. Written in an accessible style, this book is a valuable guide for students wishing to broaden their knowledge of economics away from the theoretical. It is also for experienced market economists interested in a fellow professional's approach.