Author: Peter Navarro
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
When The Market Moves Will You Be Ready
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From the Publisher
Peter Navarro, Ph.D. is a professor of business and economics at the University of California. The author of If It’s Raining in Brazil, Buy Starbucks, Dr. Navarro has written articles for Harvard Business Review, BusinessWeek, the Wall Street Journal, and other financial publications.
From the Back Cover
The First Hands-On Guidebook for Macrowave Investing–Today’s Most Potent, Strategically Advanced Event-Trading Technique
“Macro” events play a large part in determining movement in markets, sectors, and individual stocks. Often these events are preceded by signals that a price-impacting event is about to occur. The key to success is using those signals to determine your buys and sells. The companion to Dr. Peter Navarro’s bestselling If It’s Raining In Brazil, Buy Starbucks, which won over the investing world to the effectiveness of macrowave investing, this workbook features:
- Techniques to determine the direction of the market, sector trends, and stocks within those sectors
- Exercises, review questions, checklists, and more to preparee you for macrowave investing
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