Global Shocks

Markets are unpredictable, but your strategy doesn't have to be. This revised and expanded edition of Global Shocks equips individual investors with a practical framework for navigating financial crises and market shocks. Written from a practitioner's perspective, it offers clear guidance and real-world insights to help you protect and grow your portfolio when volatility strikes.

Through 12 compelling case studies-from the collapse of Bretton Woods to the COVID pandemic and recent trade tensions-you'll learn how crises unfold, how policymakers respond, and how investors can position for resilience and opportunity. Explore patterns in interest and exchange rates, understand the difference between currency crises and asset bubbles, and discover strategies to limit losses and capitalize on recovery.

Timely lessons. Actionable strategies. A must-read for anyone investing in uncertain times.

1. Overview: A Framework for Investing During Currency Crises and Asset Bubbles. - 2. Bretton Woods Collapse Alters the World of Investing. - 3. Oil Shocks Generate Massive Payments Imbalances. - 4. Anti-Inflation Policies: Intended and Unintended Consequences. - 5. Policy Coordination Gives Way to Conflict and Turmoil. - 6. Speculators Attack the Concept of European Monetary Union. - 7. Japan s Bubble Culminates in Two Decades of Deflation. - 8. Asia s Real Estate Boom Spawns Global Contagion. - 9. The Tech Bubble: Some Lessons for Rational Investors. - 10. The Global Financial Crisis: No Place for Investors to Hide. - 11. China s Economic Miracle: Is It the Next Bubble? . - 12. The COVID-19 Pandemic. - 13. The Current Trade War. -14. Conclusion: Guidelines for Investing During Crises.