Detailansicht

<p><b>Navigate the economy with this insightful new book</b></p><p>The world is awash with economic information. Governments release reports. Pundits give their interpretation on television. And the stock market may go its own way, confusing everyone. How can you better understand what it means for you?</p><p><i>Big Picture Economics</i>, a new book by award-winning columnist and futurist Joel Naroff and veteran journalist Ron Scherer, says the thread that ties everything together is "context."</p><p>The authors show how consumers, business, the Federal Reserve, and government take into account what's going on around them to make critical decisions like buying new products, building new factories, changing interest rates, or setting budget goals. The book provides a clear roadmap to understanding the whole story behind the global economy.</p><p><i>Big Picture Economics</i> helps readers understand how context impacts decisions and decision makers.<br /><br /> - The Federal Reserve and Congress in formulating economic policy<br /> - Consumers in a shopper nation and what makes us buy or not buy<br /> - Corporations making decisions on whether to build new factories and buy other companies<br /> - The federal budget that must deal with complex issues, including the reduction of health care spending<br /> - A simple test for tax cuts or increases: will they help the economy grow?<br /> - Where to produce and where to sell in a global economy that is more like a Mobius strip than a flat world<br /> - International events that can ripple through the economy and ultimately affect workers in the Midwest<br /> - Technology, such as intelligent drones to wearable computers, are changing the future</p><p>Experts laud the book for its perceptive insights:<br /><br /> "It all sounds like common sense, but it is actually based on a close, expert reading of economic history and what that history implies for the future. Read this book to become a more educated judge of economic policy."<br /><b>Robert Moffitt</b>, Krieger-Eisenhower Professor of Economics at Johns Hopkins University<br /><br /> "Naroff and Scherer show how seemingly unrelated things like an upgrade of the Panama Canal, a Tex-Mex restaurant's menu change, or how many Americans are overweight turn out to be intricately linked to our daily experiences. What brings the book to life is the authors' focus on these hidden interconnections."<br /><b>Brendan Conway</b>, blogger and columnist,<i>Barron's</i></p>

A practical guide to adapting financial advice and investing to a post crisis world There's no room for&quote;business as usual&quote; in today's investment management environment. Following the recent financial crisis, both retail and institutional investors are searching for new ways to oversee investment portfolios. How do you combine growth with a focus on wealth preservation? This book offers you a fresh perspective on the changes in tools and strategies needed to effectively achieve this goal. Financial Advice and Investment Decisions provides today's investment professionals with the conceptual framework and practical tools they need to successfully invest in and manage an investment portfolio with wealth preservation as a key concern. While there are many qualitative discussions, the authors present strong quantitative theory and practice in the form of small conceptual models, simulation, and empirical research. A comprehensive guide to properly managing investments with a focus on matching security and growth goals with the needs of the investor Blends insights gleaned from portfolio management practices used prior to the market mayhem of 2007-2009 with cutting-edge academic and professional investment research Includes innovative and wide-ranging treatment of subjects such as augmented balance sheets, the efficiency of markets, saving, spending, and investing habits, and dealing with uncertainty Description of opportunities for improving the investing environment The recent financial crisis has opened our eyes to the need for improving the way we invest. This book will put you in a better position to excel in this new economic environment.