Category: Business, Finance & Law|
The author of the book: Robert Van De Weyer
Format files: PDF, EPUB, TXT, DOCX
The size of the: 262 KB
Edition: O Books
Date of issue: 25 October 2002
Description of the book "The Financial Nostradamus 2003":Good economists are like good meteorologists - they can predict the order of future events with some accuracy, but are poor at predicting the exact timing. As a result, they are best at predicting the near future. Most financial experts have no understanding of economics. So although they grasp the mechanics of investing, they are mystified by the behaviour of investments. They tend to base their predictions on the predictions of other financial experts. This gives them some immediate credibility since, if they all buy and sell investments according to the same predictions, then the predictions are self-fulfilling. But they PDF cannot defy the laws of economics for long. Robert Van de Weyer is a Cambridge economist who has been observing the cyclones and anti-cyclones of the economy and the warm and cold fronts of finance for three decades. In this book he offers his forecasts for the year ahead to the wider public.
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