First published: 19981 languageISBN: 9780470339602
Description
In this authoritative new book, an expert on investment timing gives you the framework for understanding both how the business cycle works and how it affects market timing. Ten concise, sharply focused chapters provide the tools you need for making the right investment decisions - at the right time.
Investment Timing and the Business Cycle definitively sets out the cycle economic forces that affect asset class returns, and describes the nature, power, and interaction of these forces on the full range of investment vehicles. Investment expert Jon Gregory Taylor explains the different phases of the business and growth cycles, and the effect each phase has on investment returns in equities, bonds, and cash.
He examines key U.S. economic indicators and gives suggestions for interpreting them in light of the business/growth cycle and the financial markets.