Synopses & Reviews
According to Peter Schiff, the coming decade will look very much like the 1970s - a decade few investors of today remember in any detail. As before, it will be a difficult investment environment. A time of rising inflation, higher interest rates, and soaring commodity prices coupled with a weakening dollar, falling real estate, stock and bond prices-and recession. As a result, many of the investment strategies that worked so well in the 1980s and 1990s will be doomed to failure in the coming decade. No longer can investors count on falling interest rates, decelerating inflation, and rising asset prices - the hallmark of the boom years. As these trends reverse, Schiff will show investors how to change with the times and adapt their investment strategies to new circumstances.
In The Little Book of Bull Moves in Bear Markets, Schiff will analyze the bull markets of the 1920's ,1960s, and 1990s and the bear markets that followed in the 1930s, 1970s, and the one currently under way. Analyzing the various similarities and differences among these time periods from market, economic, and political perspectives, he will discuss the investment themes that worked in prior bear markets. He will also provide detailed advice on which techniques and strategies will help investors maintain and build their wealth in the difficult times that lie ahead.
Synopsis
In the wake of falling stock and real-estate prices, the American economy is poised for a decade-long bear market, so says Peter Schiff. After he accurately predicted the current market turmoil, savvy investors should pay attention-and start protecting their assets now, before the markets take their toll. The Little Book of Bull Moves in Bear Markets shows investors how to stay safe and stay liquid during economic downturns. Using economic history as a guide, Schiff looks at the bear markets that followed the bull markets of the 1920s and 1960s to predict what the American economy will look like after it corrects for the tech and real-estate bubbles of the 1990s and early 2000s. Combining financial, economic, and political perspectives, Schiff looks at what worked in those earlier bear markets and predicts what strategies are most likely to work over the next 10 years. Smart investing will always pay off; the key lies in using the best strategies for the market at hand. For investors who see the writing on the wall but don't know what to do about it, The Little Book of Bull Moves in Bear Markets offers a timely, critical answer.
About the Author
Peter Schiff is President of Euro Pacific Capital, Inc. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on the U.S. stock market, commodities, gold and the dollar, he is becoming increasingly more renowned. He has been quoted in many of the nation's leading newspapers, including The Wall Street Journal, Barron's, Investor's Business Daily, The Financial Times, The New York Times, The Los Angeles Times, The Washington Post, and more. He has appeared on CNBC, CNN, Fox News and Bloomberg. Schiff is also the author of Crash Proof: How to Profit From the Coming Economic Collapse .