IF IT'S RAINING IN BRAZIL, BUY STARBUCKS by Navarro, Peter ISBN 0071373691
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[edit] IF IT'S RAINING IN BRAZIL, BUY STARBUCKS
This text introduces the trader and investor to the power of global economic forces and explains how these forces affect the market. It provides an overview of the fundamentals that move the market and indivdual stocks, showing the link between economic events and stock market movement.
From mid-March to mid-May of 2000 the NADSAQ suffered a 40% drop from its all-time high of 5132. This tumble was caused by a combination of forces that hammered the market: the failure of Microsoft and the Justice Department to resolve their antitrust dispute, an unexpected upward jump in the CPI, and Federal Reserve Chairman Alan Greenspan's increase in interest rates. This drop eliminated millions of dollars of wealth and left thousands of investors completely wiped out. The lesson was clear: Any trader or investor who ignores the power macroeconomic forces have over the world's financial markets will lose more than they should, and perhaps more than they have. If It's Raining in Brazil, Buy Starbuck's introduces the trader and investor to the profound power of large, global economic forces and explains in detail how these forces affect the market. The book provides a big picture overview of the global, macroeconomic fundamentals that move the market as well as individual stocks, clearly showing the links between major economic events and stock market movement. (For example, why would a drought in Brazil lead a savvy foresight trader to short Starbuck's?) These events affect the market overall and major sectors of the market, and the author looks at how and why these sectors react differently to economic forces. The author quantifies in specific and useful terms the impacts of macroeconomic forces on different sectors of the stock market rather then simply indicating broad directional pressure. The trader who understands and uses this information will know when and where to get into the market and when to avoid the market. The book applies macroeconomic theory to the practical world of stock trading, using many real-life examples to illustrate key points and includes simulation and case studies to show profitable trading based on macroeconomic news. The author focuses on specific macroeconomic forces, which economic indicators are important to follow, and which sectors of the economy react to different indicators, providing traders and investors with clear investing and trading signals. Topics include: trading in inflationary or recessionary environments, how fiscal and monetary policy affect the market, technological change and how to take advantage of it, and others. Any kind of trader or investor - from the day trader or swing trader to the buy-and-hold investor - can benefit from the information provided in this title, explaining in real and concrete terms how what the author calls 'macrotrading' can be applied to different styles of trading. Macrotrading can also be applied to different strategies from fundamental or technical to growth or value.
[edit] Book Details
[edit] Title
IF IT'S RAINING IN BRAZIL, BUY STARBUCKS
[edit] Author
Navarro, Peter
[edit] ISBN
0071373691
[edit] Published
30/09/2001
[edit] Publisher
McGraw-Hill Publishing Co.
[edit] Binding
hardback
[edit] Retail Price
16.99 (GBP)
[edit] Typical Price Online
16.99 (GBP)
[edit] Buy Book Online
If you wish to purchase IF IT'S RAINING IN BRAZIL, BUY STARBUCKS, written by Navarro, Peter and published by McGraw-Hill Publishing Co. on 30/09/2001 then we have listed a few select online book retailers who can provide good value and service.
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