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5.0
68 reviewsThis is the European edition
How does a bear market in equities differ from a bull market? What lessons can be learned from events of the past quarter century in Japan? Have the norms of financial strategy changed?
This provocative new book shows why the massive long-term capital market top spanning 15 years cannot be breached. Using his concept of the financial system limit, investment manager David Kauders explains how traditional economic cycles have been supplanted by a new economic cycle.
Table of contents
Introduction
1 The long-term equity top
2 Why are there recurrent financial crises?
3 The global economy, finance, business and politics
4 Bull and bear markets
5 Lessons from Japan
6 Financial strategy turns upside down
7 Avoiding mistakes
8 A capital preservation strategy
