Flying on One Engine: The Bloomberg Book of Master Market Economists – Thomas R. Keene

Book Overview

This book offers a window into a realm not often seen even by many sophisticated investors and policymakers―the methods, insights, and predictions of Wall Street’s top market economists. These highly trained, broadly experienced thought leaders operate in the round-the-clock crucible of the world’s financial markets. Their words affect the movement of billions of dollars every day.

Unique among participants in the capital markets, the chief economists at these leading firms combine a command of academic research, rigorous analytical methods for making sense out of a sea of market data, and decades of intuiting, quantifying, and verifying the complexities that connect today’s real-time indicators to tomorrow’s real-world events. Clarity―the hallmark of their work―is the thread that connects the chapters of this book. This is economics at its most practical and potentially profitable.

The sixteen contributors―a diverse spread of optimists and pessimists, yet realists all―dig deep to discern what lies ahead for the world economy. Whether the angle of attack is foreign trade and finance, demographics and deficits, or monetary theory and government policy, their expert views combine to shape a body of understanding that can help market watchers and market makers reach wise, timely investment and strategic decisions.

Book Outline

• Reviving Employment Refl ects Powerful Labor Market Transformations
• The Global Labor Arbitrage
• America’s Optimistic Future
• How U.S. Fiscal Policy Aids Both U.S. and Global Growth
• Globalization and Trade – The Role of Proximity, Borders, and Culture
• The Rise and Fall of the Dollar
• Politics and the Economy
• The U.S. Fiscal Defi cit—Not a Moment to Lose
• Corporate Profi ts—Critical for Business Analysis
• Monetary Policy, Wicksell, and Gold
• Commodity Price Pass-Through – Finished Before It Began?
• Capital Markets and the Economy
• Europe’s Political and Economic Future
• The Economic Future of Asia

What Will You Learn?

• Thorough walkthrough of effective frameworks to earn consistent profits.
• Practical techniques and strategies to earn more profits from investments.
• How to get the right timing of investments and trade actions
• Real-world case studies and examples for better understanding.

Who Is This Book For?

The book is for every investor who wants to improve their trading and investing skills and knowledge.