Unlocking the Secrets of Wall Street: A Noted Expert Guides You Through Today's Financial Markets
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.
83 pages matching economic in this book
Results 1-3 of 83
What people are saying - Write a review
We haven't found any reviews in the usual places.
20 percent ahead analysis Appendix arbitrage argued arithmetic assets assumed AWCC bank billion Black Monday borrowing bubble calculated cash flow chapter Company corporate bonds cost of capital coupon debt demand deposits discounted dividend dollars earnings EBIT economic economists equity example exchange expected fall Federal Reserve finance firm fiscal fixed-income forecast foreign fundamental value funds Gordon model higher huge income inflation interest rates investment investors junk bonds lagged leverage look market value mean monetarists monetary monetized money growth money managers Nikkei nomic nonmonetized Parrots Perot present value production profits Reaganomics recession reinvestment required return rise risk Ross Perot sell shift short-run soared spending stock market stock prices stock valuation tax cuts tax incidence theory Treasury bonds U.S. dollar valuation theory velocity velocity of money Wall Street yield curve York zero