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From Main Street to Wall Street - How the Economy Influences Stock Markets and What Investors Should Know (Hardcover)
Loot Price: R3,416
Discovery Miles 34 160
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From Main Street to Wall Street - How the Economy Influences Stock Markets and What Investors Should Know (Hardcover)
Expected to ship within 12 - 17 working days
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In the long run, economies grow. Over the shorter-term business
cycle, economic activity contracts and expands. From Main Street to
Wall Street examines both the long-run relation between economic
growth and stock returns and the shorter-term business-cycle
relation. It examines the complex relationship between the economy
and the stock market, and guides readers through the fascinating
interaction between economic activity and financial markets. From
Main Street to Wall Street draws heavily on data, supporting
academic theories with empirical facts, and backing up arguments in
intuitive ways. It discusses how investors can use knowledge of
economic activity and financial markets to formulate expectations
to future stock returns, and helps scholars and practitioners
navigate financial markets by understanding the economy.
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