Unlocking the Secrets of Wall Street: A Noted Expert Guides You Through Today's Financial Markets

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Prometheus Books, 1998 - Business & Economics - 490 pages
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For many the stock market is an impenetrable maze of confusing numbers, while lawmakers, the Federal Reserve, market analysts, and professional economists seem to talk in a foreign language. Just what is a "J-curve"? What are "monetary aggregates," and why are fixed income (bond) managers constantly stumbling over "yield curves"? Unlocking the Secrets of Wall Street cuts through insider jargon to offer a clear understanding of how economic trends develop both globally and right here at home.

With a quarter-century of experience as a top Wall Street economist, Parks explains the theory and practice of investing, speculation, and regulatory policy in plain English, using simple arithmetic. He gives clear examples for quick comprehension of seemingly complex financial instruments, from the government's impact on the economy to the important basics of finance, and from the ethics of business to investor psychology.

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Contents

Prologue
15
FORECASTING THEORY
16
THE NATURE
24
Copyright

33 other sections not shown

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About the author (1998)

Robert H. Parks (Bronxville, NY) is professor of finance at the Lubin Graduate School of Business at Pace University in New York City, co-author of Financial Institutions and Markets, and manages his own investment research firm that counsels institutional investors.

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