Cantitate/Preț
Produs

Day the Markets Roared

Autor Henry Kaufman
en Limba Engleză Hardback – 21 apr 2021
Legendary economist Dr. Henry Kaufman shares a classic Wall Street story that has never been fully told: a firsthand account of the day in August 1982 that would define US economics for decades. Dr. Henry Kaufman is the most famous economist Wall Street has ever seen, renowned well beyond the financial industry. He was the subject of New Yorker cartoons, had cameos in drama productions and two seminal literary works of the 1980s, was subject to death threats, and enjoyed the nickname Dr. Doom. His pinnacle of influence arrived on August 17, 1982. That single day turned out to be the beginning of the world that we now live in. At the time, after painful years of high interest rates and the inflation of the late 1960s and 1970s, consumers were paying 17 percent and higher to borrow money. But by the end of one summer day almost 40 years ago, the stock market had undergone its second-biggest rally since WWII, while bond prices soared and interest rates plunged. Dr. Kaufman himself had written a memo that sparked this tremendous boom-and it set the global markets on fire, marking the start of almost four decades of US economic growth. The Day the Markets Roared is a firsthand, minute-by-minute account of one remarkable day in financial and economic history, with a rich cast of characters, from Salomon's John Gutfreund to interest rate guru Sydney Homer, to Dr. Kaufman's longtime friend, Fed Chairman Paul Volcker. Dr. Kaufman reflects on the lessons of the historic August 1982 episode, harkening back to a more optimistic moment in American history, and offering inspiration for better times ahead.
Citește tot Restrânge

Preț: 15269 lei

Nou

Puncte Express: 229

Preț estimativ în valută:
2923 3038$ 2424£

Carte indisponibilă temporar

Doresc să fiu notificat când acest titlu va fi disponibil:

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9781953295088
ISBN-10: 1953295088
Pagini: 242
Dimensiuni: 152 x 229 x 24 mm
Greutate: 0.39 kg
Editura: Benbella Books

Notă biografică

Henry Kaufman


Cuprins

Contents

Preface and Acknowledgments

Introduction: August 17, 1982, in Context

Part I: What Happened

1: The Day

2: The Press Reaction

Part II: Why It Happened

3: Intellectual Roots

4: Why I Was Bearish for So Long

5: Albert M. Wojnilower, "Dr. Death"

6: Critics, Threats, and Humor

7: Growing Pressures

Part III: The Aftermath

8: Other Record Days on Wall Street

9: Lessons

10: New Realities

Acknowledgments Bibliography Endnotes Index About the Author