Extensively revised to reflect the dramatic shifts and consolidation of the financial markets, the seventh edition of this highly regarded book provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand.
With chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, it looks at why these markets exist, how they work and who trades in them, and it gives a run-down of the factors that affect prices and rates.
Business history is littered with disasters that occurred because people involved their firms with financial instruments they didn't properly understand. If they had had this book they might have avoided their mistakes. For anyone wishing to understand financial markets, there is no better guide.
Product details
ASIN : 1788160347
Publisher : Economist Books; Main edition (19 July 2018)
Language : English
Paperback : 304 pages
ISBN-10 : 9781788160346
ISBN-13 : 978-1788160346
Dimensions : 13.2 x 2.4 x 21 cm
Best Sellers Rank: 58,577 in Books (See Top 100 in Books)
515 in Personal Finance (Books)
640 in Professional Finance
Customer reviews: 4.4
201 ratings