The stock market is central to the global economy. Tens of millions of people look to it to provide for a comfortable retirement. Central bankers watch it closely as they set monetary policy. Businesses around the world are forced to adjust the way they operate to meet the demands of equity investors. Yet very little has been written about how the modern global stock market came to be. In A History of the Global Stock Market, B. Mark Smith weaves an entertaining tale that ranges from medieval trading companies and nineteenth-century robber barons to modern theorists and international speculators. Here, Smith debunks the popular myth that the market is inevitably subject to recurring speculative bubbles and discredits the notion that the current "globalization" of the market is something radically different from what has occurred in the past.
Informative, entertaining, and written for specialists and non-specialists alike, A History of the Global Stock Market is a worthy read for anyone who wants to understand the role of the stock market in the global economy.
About this product: This timely and authoritative set explores three centuries of good times and hard times in major economies throughout the world. More than 400 signed articles cover events from Tulipmania during the 1630s to the U.S. federal stimulus package of 2009, and introduce readers to underlying concepts, recurring themes, major institutions, and notable figures. Written in a clear, accessible style, "Booms and Busts" provides vital insight and perspective for students, teachers, librarians, and the general public - anyone interested in understanding the historical precedents, causes, and effects of the global economic crisis. Special features include a chronology of major booms and busts through history, a glossary of economic terms, a guide to further research, an appendix of primary documents, a topic finder, and a comprehensive index. It features 1,050 pages; three volumes; 8-1/2" X 11"; topic finder; photos; chronology; glossary; primary documents; bibliography; and, index.
About this product: This full-color poster tracks the performance of the S&P 500 since 1928. With bold imagery and an easy-to-read timeline, it highlights key events and developments that have shaped our world, the economy, and the stock market - wars, presidential elections, technological advances, financial crises, and much more.
It is printed on high-quality paper and suitable for framing. The poster is updated annually to reflect current events and market conditions.
About this product: Popular wisdom holds that, over time, the stock market outperforms any other method of investment, the key words being "over time"; folks who look to the stock market to get rich quickly are definitely playing with fire. Still, for those who like to live on the edge, Martin S. Fridson's book It Was a Very Good Year might offer some helpful hints for predicting a bumper year on Wall Street. Firstly, there are certainly patterns--most years in which stocks performed extraordinarily well began with extremely depressed stock prices--but never any guarantees. Fridson, an analyst and managing director at Merrill Lynch, illustrates this principle with plenty of anecdotes about those who struck it rich--and those who didn't. It Was a Very Good Year offers interesting and entertaining information about what makes the stock market tick but presents no ironclad system for making it big on Wall Street.
About this product: - How much is enough for your retirement? - Will your portfolio expire before you do? - Are your retirement dreams appearing more and more to be false dreams?
A fresh look at retirement portfolios, based on one hundred years of market history. Extensive research using real data from 1900 to 1999 reveals that your retirement plan may be too optimistic.
Different techniques are analyzed for optimizing your portfolio. Empirical data reveals what you can expect from markets, setting aside all the hype from the financial-media complex.
You can also download a free retirement spreadsheet to estimate your best and worst-case scenarios after retirement.
About this product: Many other books have been written about NASCAR, mainly about its drivers and other celebrities who compete in the sport of stock car racing, but there have been very few books written or published about the internal workings of NASCAR.
This book takes a look at NASCAR from day one to present-day and tells the story of how NASCAR has maintained its operation as a dictatorship since the late forties, how drugs played a part in its rapid rise in popularity, and how it has been run by the France family of Daytona Beach, Florida.
The Dirt Under the Asphalt is a book that pulls no punches and paints no pretty pictures. It does, however, offer the author's insight into the most prominent track owners and drivers who got NASCAR started and kept it going through tough times in the fifties and sixties.
About this product: The comprehensive Wall Street: A History, by Manhattan College finance professor Charles Geisst, is a meticulous examination of the economic cycles, legendary financiers, and monumental transactions that have shaped the fiscal structure of the United States. The sweeping tale ranges from Revolutionary War days to the California Gold Rush, from the Civil War to the Depression, and from the great 1950s bull market to the ongoing 1990s boom. Geisst's narrative is pinned to the relationship between finance and government, and tracks the latter's increasing involvement in the former to show where matters stand today.
About this product: This book takes a new approach to the rise of large scale companies in Victorian England, including the Bank of England and East India Company, locating their origins in social and political practice.
About this product: In 2001, the London Stock Exchange will be 200 years old, though its origins go back a century before that. This book traces the history of the London Stock Exchange from its beginnings around 1700 to the present day, chronicling the challenges and opportunities it has faced, avoided, or exploited over the years.
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