Aftermath : : Seven Secrets of Wealth Preservation in the Coming Chaos

Locations
Call Number: 332.024 Ri, Adult Book / Nonfiction / Business & Economics / Personal Finance / Rickards, James
On Shelf At: Downtown Library

Location & Checkout Length	Call Number	Checkout Length	Item Status
Downtown 2nd Floor 4-week checkout	332.024 Ri	4-week checkout	On Shelf
Malletts Adult Books 4-week checkout	Adult Book / Nonfiction / Business & Economics / Personal Finance / Rickards, James	4-week checkout	Due 05-19-2024

Place of publication from publisher's website.
Scattergoods -- Putting out fire with gasoline -- Find the cost of freedom -- The alpha trap -- Free money -- The Mar-a-Lago accord -- Godzilla -- Aftermath.
"The evidence of the past ten years proves that the most devastating financial crisis since the Great Depression is right around the corner. The global elites are ready to protect their wealth. Are you? Since President Donald Trump enacted a series of tax cuts, the American economy appears to be on a solid growth path and fully recovered from 2008's devastating recession. But, as any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely--and they won't. Investor optimism around the Trump administration has led to artificially inflated asset prices, ruinously low interest rates, the increased popularity of index funds, and the infiltration of behavioral economics into our financial lives. Evidence of systemic risk--market volatility, ballooning U.S. and global debt, and political instability--is everywhere for those who are paying attention. In [this book], bestselling financial expert James Rickards sketches the harrowing economic crisis that's right around the corner and identifies the asset classes that are most--and least--exposed. Drawing on his extensive knowledge of capital markets and unconventional insights, Rickards shows: why high-valuation, high-growth tech and media stocks like Facebook, Netflix, and Amazon are best avoided; why smart investors are steering clear of digital currencies like Bitcoin and Ethereum; how passively managed index funds are thwarting the corrective forces of the market--and creating opportunity for active investors; why cash will still be king when another financial panic inevitably drives asset values down by 50 percent or more; how the behavioral economists who advise 401(k) plans manipulate investors into overexposure in equity markets. In the same take-no-prisoners style that won him wide acclaim for books like Currency Wars, Rickards calls out the key players and capital flows underpinning the global economy."--Dust jacket.

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