What drives markets? During the 1990s Western stock markets enjoyed a long boom while Asian markets slumped. Starting in mid-2000 stocks fell back everywhere while property and government bonds surged. What’s next? Will stocks resume their upward march along with a stronger world economy or will deflation take hold extending the bond rally but hurting stocks and threatening property?
The Investor’s Guide to Economic Fundamentals
* examines key market fundamentals such as interest rates, inflation and the business cycle and how they impact on the main areas of investment: money markets, bonds, equities, commodities, currencies, property and emerging markets.
* gives practical advice on how to predict and manage market risk and how to allocate assets for best performance under different market conditions.
* will be beneficial for both the market practitioner and individual investor as well as the MBA student.

Written by a leading authority in the field, this book covers both the theory and practice of this often-complicated subject and gives readers both a comprehensive and reliable source of market information.