The Little Book of Bull Moves in Bear Markets By Peter D. Schiff
- Narrated by: Sean Pratt
- Length: 6 hrs and 44 mins
- Release date: 10-23-08
The Little Book of Bull Moves in Bear Markets AudioBook Summary
The little book that helps investors avoid big losses in an economic downturn.
In the wake of falling stock and real-estate prices, the American economy is poised for a decade-long bear market, so says Peter Schiff. After he accurately predicted the current market turmoil, savvy investors should pay attention – and start protecting their assets now, before the markets take their toll.
The Little Book of Bull Moves in Bear Markets shows investors how to stay safe and stay liquid during economic downturns. Using economic history as a guide, Schiff looks at the bear markets that followed the bull markets of the 1920s and 1960s to predict what the American economy will look like after it corrects for the tech and real-estate bubbles of the 1990s and early 2000s.
Combining financial, economic, and political perspectives, Schiff looks at what worked in those earlier bear markets and predicts what strategies are most likely to work over the next 10 years. In the end, Schiff argues that the next decade will most closely resemble the 1970s, complete with inflation, rising interest rates, and soaring commodity prices. This reversal of trends will make past investment strategies obsolete and pose a challenge for investors trying to build and protect their wealth. Smart investing will always pay off; the key lies in using the best strategies for the market at hand.
File Size: 202.07 MB