Alle Infos zum eBook verschenken
- Format: PDF
- Merkliste
- Auf die Merkliste
- Bewerten Bewerten
- Teilen
- Produkt teilen
- Produkterinnerung
- Produkterinnerung
Hier können Sie sich einloggen
Bitte loggen Sie sich zunächst in Ihr Kundenkonto ein oder registrieren Sie sich bei bücher.de, um das eBook-Abo tolino select nutzen zu können.
Professional investors are bombarded on a day to day basis with assertions about the role liquidity is playing and will play in determining prices in the financial markets. Few, if any, of the providers or recipients of such advice can truly claim to understand the well-springs of such liquidity and the transmission mechanisms through which it impacts asset prices. This groundbreaking new book explores the belief that at the core of liquidity there is a force which exerts individuals to effect a financial transaction when they would not otherwise do so. Understanding this force of compulsion…mehr
- Geräte: PC
- mit Kopierschutz
- eBook Hilfe
- Größe: 1.11MB
- Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities (eBook, PDF)80,99 €
- Rafal WeronModeling and Forecasting Electricity Loads and Prices (eBook, PDF)103,99 €
- Gudni AdalsteinssonThe Liquidity Risk Management Guide (eBook, PDF)63,99 €
- Pierino UrsoneHow to Calculate Options Prices and Their Greeks (eBook, PDF)42,99 €
- Salvatore CarolloUnderstanding Oil Prices (eBook, PDF)41,99 €
- Rudolf DuttweilerManaging Liquidity in Banks (eBook, PDF)40,99 €
- Antonio CastagnaMeasuring and Managing Liquidity Risk (eBook, PDF)67,99 €
-
-
-
Dieser Download kann aus rechtlichen Gründen nur mit Rechnungsadresse in A, B, BG, CY, CZ, D, DK, EW, E, FIN, F, GR, HR, H, IRL, I, LT, L, LR, M, NL, PL, P, R, S, SLO, SK ausgeliefert werden.
- Produktdetails
- Verlag: John Wiley & Sons
- Seitenzahl: 190
- Erscheinungstermin: 30. März 2006
- Englisch
- ISBN-13: 9780470032770
- Artikelnr.: 37289760
- Verlag: John Wiley & Sons
- Seitenzahl: 190
- Erscheinungstermin: 30. März 2006
- Englisch
- ISBN-13: 9780470032770
- Artikelnr.: 37289760
Liquidity trades and portfolio trades. 1.2 Information trades and price
trades. 1.3 'Efficient prices'. 1.4 Expectations of further rises or falls.
2 Persistent Liquidity Trades. 2.1 Demand for money. 2.2 Supply of money.
2.3 Monetary imbalances. 2.4 Excess money in the economy. 2.5 Summary. 3
Extrapolative Expectations. 3.1 Sentiment. 3.2 Intuition. 3.3
Decision-taking inertia. 3.4 Crowds. 3.5 Fundamental and monetary forces in
the same direction. 4 Discounting Liquidity Transactions. 4.1 Speculation.
4.2 Timing. 4.3 Short-term risk versus profits in the longer term.
Appendix: Speculation and market patterns. 5 Cyclical Changes Associated
with Business Cycles. 5.1 Introduction. 5.2 Direct and indirect effects of
money on asset prices. 5.3 Strategy. 5.4 Timing. 5.5 Sequences. 5.6
Triggers. 6 Shifts in the Savings Demand for Money. 6.1 The peak of a
business cycle. 6.2 Running down bank deposits. Appendix 6A: Some bond
arithmetic. Appendix 6B: Government bond markets. PART II: FINANCIAL
BUBBLES AND DEBT DEFLATION. 7 Financial Bubbles. 7.1 Detection of a bubble.
7.2 Phases. 7.3 Crosschecks. 8 Debt Deflation. 8.1 The cure for debt
deflation. Appendix: Ignorance of Irving Fisher's prescription. PART III:
ELABORATION. 9 Creation of Printing-press Money. 9.1 The UK in more detail.
9.2 Four policies. 10 Control of Fountain-pen Money and the Counterparts of
Broad Money. 10.1 Control of bank lending. 10.2 Bank capital. 10.3 The UK
in more detail. 10.4 The 'counterparts' of changes in broad money. 10.5
Relationship between the counterparts. 11 Modern Portfolio Theory and the
Nature of Risk. 11.1 Summary. 11.2 Expected yield. 11.3 Risk. 11.4
Exploiting skewness. 12 Technical Analysis and Crowds. 12.1 Trends and
trading ranges. 12.2 Crowd behaviour. 12.3 Information. 12.4 Trends and
momentum. 12.5 Approaching a turning point. 12.6 Turning points. 12.7
Further reading. 13 The Intuitive Approach to Asset Prices. 13.1 Intuition
that is a reflection of monetary forces. 13.2 Intuition that is not a
reflection of monetary forces. 13.3 Forced selling. 14 Forms of Analysis.
14.1 Different languages. 14.2 Macroeconomic models. 14.3 Disequilibrium.
14.4 Intended and actual transactions. 14.5 Accounting identities.
Appendix: Direct Estimates of Supply and Demand for Credit in the US. PART
IV: EVIDENCE AND PRACTICAL EXAMPLES. 15 The UK Markets Prior to 1972. 15.1
UK money supply and a combined capital market price index, 1950-72. 15.2 UK
money supply and the equity market, 1927-72. 16 The US Equity Market
1960-2002. 17 Two Forecasts. 17.1 Health warning. 17.2 Prediction of the
October 1987 crash. 17.3 Prediction of the top of the US equity market in
April/May 2000. 17.4 Postscript. 18 Debt Deflation, Practical Experience.
18.1 The US in the 1930s. 18.2 Japan in the 1990s and early 2000s. PART V
MONITORING DATA. 19 Monitoring Current Data for the Monetary Aggregates.
19.1 Erratic data. 19.2 Which aggregate? 19.3 A target aggregate. 19.4 An
expert approach. 19.5 Timing of the availability of data. 19.6
Understanding the current behaviour of the market. Appendix 19A: Monetary
targets in the UK. Appendix 19B: Distortions to monetary data in the UK.
Appendix 19C: Velocity of circulation. 20 Monitoring Data for the Supply of
Money. 20.1 Printing-press money. 20.2 Fountain-pen money. 20.3 The
counterparts of broad money. 20.4 Forecasts. 20.5 Management information.
20.6 Discernible trends. 20.7 The public sector's borrowing in foreign
currency and from abroad. 21 The Different Sectors of the Economy.
Conclusions. Glossary. References. Index.
Liquidity trades and portfolio trades. 1.2 Information trades and price
trades. 1.3 'Efficient prices'. 1.4 Expectations of further rises or falls.
2 Persistent Liquidity Trades. 2.1 Demand for money. 2.2 Supply of money.
2.3 Monetary imbalances. 2.4 Excess money in the economy. 2.5 Summary. 3
Extrapolative Expectations. 3.1 Sentiment. 3.2 Intuition. 3.3
Decision-taking inertia. 3.4 Crowds. 3.5 Fundamental and monetary forces in
the same direction. 4 Discounting Liquidity Transactions. 4.1 Speculation.
4.2 Timing. 4.3 Short-term risk versus profits in the longer term.
Appendix: Speculation and market patterns. 5 Cyclical Changes Associated
with Business Cycles. 5.1 Introduction. 5.2 Direct and indirect effects of
money on asset prices. 5.3 Strategy. 5.4 Timing. 5.5 Sequences. 5.6
Triggers. 6 Shifts in the Savings Demand for Money. 6.1 The peak of a
business cycle. 6.2 Running down bank deposits. Appendix 6A: Some bond
arithmetic. Appendix 6B: Government bond markets. PART II: FINANCIAL
BUBBLES AND DEBT DEFLATION. 7 Financial Bubbles. 7.1 Detection of a bubble.
7.2 Phases. 7.3 Crosschecks. 8 Debt Deflation. 8.1 The cure for debt
deflation. Appendix: Ignorance of Irving Fisher's prescription. PART III:
ELABORATION. 9 Creation of Printing-press Money. 9.1 The UK in more detail.
9.2 Four policies. 10 Control of Fountain-pen Money and the Counterparts of
Broad Money. 10.1 Control of bank lending. 10.2 Bank capital. 10.3 The UK
in more detail. 10.4 The 'counterparts' of changes in broad money. 10.5
Relationship between the counterparts. 11 Modern Portfolio Theory and the
Nature of Risk. 11.1 Summary. 11.2 Expected yield. 11.3 Risk. 11.4
Exploiting skewness. 12 Technical Analysis and Crowds. 12.1 Trends and
trading ranges. 12.2 Crowd behaviour. 12.3 Information. 12.4 Trends and
momentum. 12.5 Approaching a turning point. 12.6 Turning points. 12.7
Further reading. 13 The Intuitive Approach to Asset Prices. 13.1 Intuition
that is a reflection of monetary forces. 13.2 Intuition that is not a
reflection of monetary forces. 13.3 Forced selling. 14 Forms of Analysis.
14.1 Different languages. 14.2 Macroeconomic models. 14.3 Disequilibrium.
14.4 Intended and actual transactions. 14.5 Accounting identities.
Appendix: Direct Estimates of Supply and Demand for Credit in the US. PART
IV: EVIDENCE AND PRACTICAL EXAMPLES. 15 The UK Markets Prior to 1972. 15.1
UK money supply and a combined capital market price index, 1950-72. 15.2 UK
money supply and the equity market, 1927-72. 16 The US Equity Market
1960-2002. 17 Two Forecasts. 17.1 Health warning. 17.2 Prediction of the
October 1987 crash. 17.3 Prediction of the top of the US equity market in
April/May 2000. 17.4 Postscript. 18 Debt Deflation, Practical Experience.
18.1 The US in the 1930s. 18.2 Japan in the 1990s and early 2000s. PART V
MONITORING DATA. 19 Monitoring Current Data for the Monetary Aggregates.
19.1 Erratic data. 19.2 Which aggregate? 19.3 A target aggregate. 19.4 An
expert approach. 19.5 Timing of the availability of data. 19.6
Understanding the current behaviour of the market. Appendix 19A: Monetary
targets in the UK. Appendix 19B: Distortions to monetary data in the UK.
Appendix 19C: Velocity of circulation. 20 Monitoring Data for the Supply of
Money. 20.1 Printing-press money. 20.2 Fountain-pen money. 20.3 The
counterparts of broad money. 20.4 Forecasts. 20.5 Management information.
20.6 Discernible trends. 20.7 The public sector's borrowing in foreign
currency and from abroad. 21 The Different Sectors of the Economy.
Conclusions. Glossary. References. Index.