Irrational Markets and the Illusion of Prosperity

1. Auflage 2001
ISBN: 978-1-57958-175-6
Verlag: Routledge

Buch, Englisch, 180 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 445 g

Irrational exuberance - the now-famous utterance of Alan Greenspan, referred to the seemingly unending upward spiral of the stock market. Of course, as every investor knows, the stock market plummeted after this comment was made, only to recover and exceed every known record over the next year. Nothing, it appears, could keep this market down: not inflationary pressures, concerns over the Asian economic crisis, lack of earnings in many companies, nor elevated stock prices. Nothing, it seems, could stop investors in their passion for bidding up prices of stocks, especially technology and telecommunications. But beware: Irrational Markets warns that Americans are living in an economic dreamland, and that the long bull market and low unemployment levels have only masked a disturbing economic reality - in short, we're in for a rude awakening. Based on extensive research, this provocative book is sobering reading for any current or would be investor.

Autoren/Hrsg.

Devitto, Don

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere

Inhaltsverzeichnis

Chapter 1 Inflation and Stock Prices; Chapter 2 Deflation; Chapter 3 Speculation and Manias; Chapter 4 Overvaluation; Chapter 5 Debt and Savings; Chapter 6 Disturbing Signs; Chapter 7 The Internet; Chapter 8 Deflation and Your Investments; Chapter 9 Bursting the Bubble; Chapter 10 Conclusion;

Über Autor(innen)

Authored by DeVitto, Don