Your macroeconomic edge : investing strategies for executives in the post-recession world / Philip J. Romero.

Format:

Book

Author/Creator:

Romero, Philip J.

Series:

Economics collection. 2163-7628

Economics collection, 2163-7628

Language:

English

Subjects (All):

Investments--United States.

Investments.

Macroeconomics.

United States--Economic conditions--2009-.

United States.

Physical Description:

1 online resource (263 p.)

Edition:

1st ed.

Place of Publication:

[New York, N.Y.] (222 East 46th Street, New York, NY 10017) : Business Expert Press, c2012.

Language Note:

English

Summary:

Businesspersons and investors have been conditioned to anticipate that after a period of turbulence following the "Great Recession," conditions will return to "normal." For the preceding generation (from 1982 to 2007), "normal" was the economic "Great Moderation": a period of low inflation and low unemployment that brought on high growth in asset values. Those days are gone. This book reviews the major, and largely inescapable, trends that will make the next generation a more challenging investment environment in all developed economies: an aging population and an overextended government. California today captures the challenges that will be faced by the American economy over the next decades. After summarizing these trends, the book outlines investing strategies for individuals and companies can use this new environment. It provides an extended case study in how greater economic literacy can offer readers an advantage for understanding the opportunities, and threats, presented by long- term trends.

Contents:

Preface: to the reader: Why this book?

Acknowledgments

Prologue

Part I. Why the great moderation, and its bull market, won't return

1. Introduction: avoiding Californication

2. The fall, rise, and slow crash of California, 1981-2010

3. Your country is getting older, and your government is bankrupt

4. Cutting up America's credit card: international demographic trends

5. The devil's bargain: inflation for stimulus

6. Surprise bailouts: what if I'm wrong?

7. Will immigration rescue us?

Part II. Swimming upstream against the strengthening current

8. Hedging against stagflation with commodities, MLPs, REITs, and preferred and high-yield stocks

9. Stiffing the tax man with Roth IRAs

10. Corporate strategy applications

Coda. Your money, your future, your vote

Appendix A. Why the Yuan affects you: a primer on how international economics shapes investment valuations

Appendix B. Retirement investing 101: an introduction

Glossary

Resources

Business teaching cases related to book chapters

Notes

References

Index.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references (p. 209-229) and index.

Title from PDF t.p. (viewed on November 26, 2011).

ISBN:

9781606493212

1606493213

OCLC:

764633558

Publisher Number:

2 BEP