The early 21st century has been a period of extreme fear and greed in the world's financial markets. Vast sums of wealth have been lost by some, but also made by others. Faith in the investment industry is now at its lowest-ever ebb, and the crisis remains far from resolution. Fear and Greed aims to prepare investors for the financial challenges and opportunities of the next few years. Having successfully guided his firm's investors through the turmoil since 2007, leading investment manager Nicolas Sarkis draws upon the lessons of history in order to illuminate the way ahead. In particular, Sarkis explores the plight of equities in the developed world since the millennium and considers when they might finally recover, as well as the likely effects of reducing government indebtedness upon markets. He also offers his insights into the outlook for stocks in emerging nations, for gold and for the single European currency. In addition to the prospects for the leading asset classes, Fear and Greed examines some of the biggest issues confronting the financial world as a whole. Sarkis focuses on the behaviour of central banks, regulators, and financial wrongdoers, especially in relation to their contribution to the current crisis. In this lively and engaging book, Sarkis offers a clear vision of the coming years and plenty of inspiration for investors.
Inhaltsverzeichnis
About the Author
Acknowledgements
Introduction
1. A Lost Era in Equities
2. Will Deleveraging Drag us Down?
3. Gold's Glittering Path
4. Beyond hype: a Balanced Look at Emerging Markets
5. Dread, Denial and Default
6. The Future of the Euro
7. Fear and Loathing on Wall Street
8. When Rules and Regulators Fail
9. The Moral Hazard of Money
10. Central Banks: Leave, Abolish or Improve?
Conclusion
Index
