Chandler Making Sense of the Dollar

Exposing Dangerous Myths about Trade and Foreign Exchange
1. Auflage 2010
ISBN: 978-0-470-88538-3
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 240 Seiten, E-Book

Reihe: Bloomberg

Has the greenback really lost its preeminent place in the world?Not according to currency expert Marc Chandler, who explains why somany are--wrongly--pessimistic about both the dollar andthe U.S. economy.
Making Sense of the Dollar explores the manyfactors--trade deficits, the dollar's role in the world,globalization, capitalism, and more--that affect the dollarand the U.S. economy and lead to the inescapable conclusion thatboth are much stronger than many people suppose.
Marc Chandler has been covering the global capital markets fortwenty years as a foreign exchange strategist for several WallStreet firms. He is one of the most widely respected and quotedcurrency experts today.

Autoren/Hrsg.

Chandler, Marc

Inhaltsverzeichnis

Acknowledgments.
Introduction.
1 Myth 1: The Trade Deficit Reflects U.S. Competitiveness.
2 Myth 2: The Current Account Deficit Drives the Dollar.
3 Myth 3: You Can't Have Too Much Money.
4 Myth 4: Labor Market Flexibility Is the Key to U.S. EconomicProwess.
5 Myth 5: There Is One Type of Capitalism.
6 Myth 6: The Dollar's Privileged Place in the World IsLost.
7 Myth 7: Globalization Destroyed American Industry.
8 Myth 8: U.S. Capitalist Development Prevents Socialism.
9 Myth 9: The Weak U.S. Dollar Boosts Exports and Drives StockMarkets.
10 Myth 10: The Foreign Exchange Market Is Strange andSpeculative.
11 Summary and Some Thoughts on the Way Forward.
Bibliography.
Index.

Über Autor(innen)

Marc Chandler joined Brown Brothers Harriman in October 2005as the global head of currency strategy. Previously he was thechief currency strategist for HSBC Bank USA and Mellon Bank.
Marc is a prolific writer and speaker. In addition to beingfrequently called upon by newspapers and news wires to provideinsight into the developments of the day, Chandler's essays havebeen published in the Financial Times, Barron's, Euromoney,Corporate Finance, and Foreign Affairs. He is also thecontributing economic editor for Active Trader Magazine andto TheStreet.com. Marc appears often on business television and isa regular guest on CNBC. He frequently presents to business groupsand investors.
His current research projects include global imbalances, Islamicfinance, and the relationship between savings, investment andgrowth.
Marc has been analyzing, writing and talking about the foreignexchange market for more than 20 years. He holds a Master's degreein American history (1982) from Northern Illinois University and aMaster's in International Political Economy from the University ofPittsburgh (1984). He has taught classes on International PoliticalEconomy at New York University since the early 1990s, where Marc isan associate professor.