Profiting from the World's Economic Crisis Finding Investment Opportunities by Tracking Global Market Trends

by Conrad, Bud

• ISBN13: 9780470460351
• ISBN10: 0470460350
• Edition: 1st
• Format: Hardcover
• Copyright: 2010-04-26
• Publisher: Wiley

Summary

Timely advice for finding investment opportunities during a global economic crisisIn Profiting from the World's Economic Crisis, author Bud Conrad predicts a rough road ahead for our economy and reveals nontraditional investments that can make big money in difficult times. The crisis we are now entering is not the typical business recession but a major deleveraging that will be the biggest shift since the Great Depression. The stagflation of the U.S. economy will present great challenges on a global scale. Profiting from the World's Economic Crisis deftly addresses what investors need to know about today's turbulent economy, and highlights investments and global opportunities such as gold, interest rates, currency, and commodities that are likely to be profitable in the coming years.Bud Conrad, MBA (San Francisco, CA), is the Chief Economist at Casey Research and has been a futures investor for 25 years, as well as a full-time investor for more than a decade.

Author Biography

Bud Conrad is the Chief Economist at Casey Research and has been a futures investor for twenty-five years, as well as a full-time investor for more than a decade. He holds an MBA from Harvard and an electrical engineering degree from Yale. Conrad has held positions with IBM, CDC, Amdahl, and Tandem. His comprehensive picture of the world's economy, based on a career of using long-term fundamental analysis, enables him to explain how this crisis arose and where it will evolve to. He uses insights learned from his engineering training to interpret how investment cycles affect our economy. He served as a local board member of the National Association for Business Economics and taught graduate courses in investing at Golden Gate University. A popular speaker, Conrad has delivered talks in New Zealand, Dubai, New York, Vancouver, Denver, Phoenix, Las Vegas, San Francisco, Los Angeles, and Chicago. He has appeared on CNBC, Fox Business News, New Zealand 3news, and has commented in many publications from the Wall Street Journal to Reuters.

Table of Contents

Acknowledgements

Introduction

Economic Forces

The Budget Deficit Drives the Growth of All Debt

The Trade Deficit and U.S. Dependency on Foreign Investments

The Big Costs of Healthcare, Social Security, and the Military

Financial Crisis Response

The Federal Reserve Prints Our Money (Stop the Presses!)

The Importance of Debt for Predicting Our Economy

The Big-Picture Model of Our Economy

Recession or Depression?

What Can the 1929 Great Depression Teach Us About Today's Crisis?

What the U.S. Can Learn from Japan's Lost Decade(s): 1989-2009

What the U.S. Can Learn from German and Other European Hyperinflations and from China Today

Investment Opportunities

The Stock Market May Be Dead for Another Decade

Energy in the 21^st Century: The End of the Petroleum Age

Food, Grain Trading

The Demise of the Dollar

Interest Rates: The Trade of the Decade

Gold is the Only Real Money

Putting It All Together

Forecast for the Future

Looking over the Horizon to See the Best Investments

About the Author

Index

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