How to Read the Signs of Economic Change-Before They ImpactYour Business and Investments Economic and stock-market cycles affect companies in everyindustry. Unfortunately, a confusing array of anecdotal andconflicting indicators often renders it impossible for managers andinvestors to see where the economy is heading in time to takecorrective action.
Now, a thirty-five-year Wall Street veteran unveils a newforecasting method that will help managers and investors understandand predict the economic cycles that control their businesses andfinancial fates. In Ahead of the Curve, Joseph H. Ellis argues thatthe problem with current forecasting models lies not in the data,but rather in the lack of a clear framework for putting the data incontext and reading it correctly. The book explains criticaleconomic indicators in nontechnical language, identifies anddocuments the recurring cause-and-effect relationships thatconsistently predict turning points in the economy, and providesthe tools managers and investors need to position themselves aheadof cyclical upturns and downturns.
Economic events are not as random and unpredictable as theyseem. This book will help readers recognize and react to signs ofchange that their rivals don't see-and win a sizeable competitiveadvantage.
【作者简介】
Joseph H. Ellis was a partner of Goldman Sachs and was rankedfor eighteen consecutive years by Institutional Investor magazineas Wall Street's #1 retail-industry analyst.
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