How to Read the Signs of Economic Change-Before They Impact
Your Business and Investments
Economic and stock-market cycles affect companies in every
industry. Unfortunately, a confusing array of anecdotal and
conflicting indicators often renders it impossible for managers and
investors to see where the economy is heading in time to take
corrective action.
Now, a thirty-five-year Wall Street veteran unveils a new
forecasting method that will help managers and investors understand
and predict the economic cycles that control their businesses and
financial fates. In Ahead of the Curve, Joseph H. Ellis argues that
the problem with current forecasting models lies not in the data,
but rather in the lack of a clear framework for putting the data in
context and reading it correctly. The book explains critical
economic indicators in nontechnical language, identifies and
documents the recurring cause-and-effect relationships that
consistently predict turning points in the economy, and provides
the tools managers and investors need to position themselves ahead
of cyclical upturns and downturns.
Economic events are not as random and unpredictable as they
seem. This book will help readers recognize and react to signs of
change that their rivals don''t see-and win a sizeable competitive
advantage.
關於作者:
Joseph H. Ellis was a partner of Goldman Sachs and was ranked
for eighteen consecutive years by Institutional Investor magazine
as Wall Street''s #1 retail-industry analyst.