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010   $a3-319-41105-5
024 7 $a10.1007/978-3-319-41105-7
035   $a(CKB)3710000000881734
035   $a(EBL)4710242
035   $a(DE-He213)978-3-319-41105-7
035   $a(MiAaPQ)EBC4710242
035   $a(EXLCZ)993710000000881734
100   $a20160930d2016      u|         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aGlobal Shocks $eAn Investment Guide for Turbulent Markets /$fby Nicholas P. Sargen
205   $a1st ed. 2016.
210  1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2016.
215   $a1 online resource (198 p.)
300   $aIncludes index.
311   $a3-319-41104-7 
330   $aHow should investors manage portfolios during crises?  This question has surfaced since the 2008 global financial crisis, which is the latest of a series of shocks that began in the early 1970s.  While crisis situations offer opportunities to outperform markets or to be engulfed by them, little has been written to guide investors when markets are not functioning normally.    This book, which is written from a practitioner?s perspective, fills the void by providing the reader with a toolkit and guiding principles to manage money when markets are in turmoil. It features ten case studies beginning with the breakdown of the Bretton Woods fixed exchange rate system through the current situation in which investors are assessing whether China could become the next bubble. Each chapter discusses how the respective crisis or bubble unfolded at the time, the way policymakers and markets responded, and the optimal strategy for positioning portfolios.The goal is to share these experiences and the lessons from them, so investors will be better prepared for future shocks. The opening chapter explores whether there are common patterns in movements of interest rates and exchange rates that investors can exploit.  A conceptual framework is presented that helps explain why this is the case for traditional currency crises, but less so for asset bubbles.   The concluding chapter ties the episodes together and considers how the nature of financial crises has evolved since the collapse of Bretton Woods. We cite factors that make it difficult for policymakers and investors to detect problems in advance of an asset bubble. The good news is investors get a second chance to outperform when markets are over-sold; however, they need to formulate a strategy to limit the damage during the sell-off phase and to capitalize on the eventual recovery.  .
606   $aInvestment banking
606   $aSecurities
606   $aCapital market
606   $aInvestments and Securities$3https://scigraph.springernature.com/ontologies/product-market-codes/626020
606   $aCapital Markets$3https://scigraph.springernature.com/ontologies/product-market-codes/616000
615  0$aInvestment banking.
615  0$aSecurities.
615  0$aCapital market.
615 14$aInvestments and Securities.
615 24$aCapital Markets.
676   $a332
700   $aSargen$b Nicholas P$4aut$4http://id.loc.gov/vocabulary/relators/aut$0985823
906   $aBOOK
912   $a9910254877703321
996   $aGlobal Shocks$92253303
997   $aUNINA