Protect yourself from the next financial meltdown with this game-changing primer on financial markets, the economy-and the meteoric rise of carry.
The financial shelves are filled with books that explain how popular carry trading has become in recent years. But none has revealed just how significant a role it plays in the global economy-until now.
A groundbreaking book sure to leave its mark in the canon of investing literature, The Rise of Carry explains how carry trading has virtually shaped the global economic picture-one of decaying economic growth, recurring crises, wealth disparity, and, in too many places, social and political upheaval. The authors explain how carry trades work-particularly in the currency and stock markets-and provide a compelling case for how carry trades have come to dominate the entire global business cycle. They provide thorough analyses of critical but often overlooked topics and issues, including:
* The active role stock prices play in causing recessions-as opposed to the common belief that recessions cause price crashes
* The real driving force behind financial asset prices
* The ways that carry, volatility selling, leverage, liquidity, and profitability affect the business cycle
* How positive returns to carry over time are related to market volatility-and how central bank policies have supercharged these returns
Simply put, carry trading is now the primary determinant of the global business cycle-a pattern of long, steady but unspectacular expansions punctuated by catastrophic crises.
The Rise of Carry provides foundational knowledge and expert insights you need to protect yourself from what have come to be common market upheavals-as well as the next major crisis.
In this irreverent wedding guide, MTV's wedding planning guru and star of Girl Code, comedian and bride-to-be Jamie Lee, offers practical advice and hilarious insights on how to stay sane while planning your "big day."
Weddings. What was once a beautiful celebration of a couple coming together for a lifetime of happiness has become a bit ridiculous, complete with the whimsical monogrammed mason jars and unconventional photo shoots. The Epic task of creating that special event can be nightmarish, a dizzying maze of minutiae and seemingly endless choices that might tempt you to say yes to a quickie drive-through chapel in Vegas.
But weddings don't have to be stressful. You don't have to give in to the crazy or give up completely. Famous funny gal Jamie Lee learned much more than she counted on pulling together her own wedding, and in Weddiculous she shares her first-hand experiences and hilarious hard-won insights with every girl who just said "yes."
Jamie gives you the real low-down, puts the madness into perspective, and walks you through the process step by step in a calm, realistic, and highly entertaining way. Weddiculous includes helpful checklists, timelines, and suggestions on everything from what questions to ask vendors to how to handle difficult bridesmaids to what's worth the extra cost (and more importantly, what's not). Throughout, Jamie provides guidance on when you should trust your gut and when you need to listen to others.
What Amy Sedaris has done for hospitality and crafting, Jamie Lee now does for weddings. Weddiculous will help remind you what's really important about your wedding day: it's just the first day in a long and happy marriage.
