{"product_id":"life-in-the-financial-markets-how-they-really-work-and-why-they-matter-to-you-hardcover","title":"Life in the Financial Markets: How They Really Work and Why They Matter to You - Hardcover","description":"\u003cp\u003eby \u003cb\u003eDaniel Lacalle\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn accessible and thorough review of the international financial markets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eLife in the Financial Markets--How They Really Work And Why They Matter To You\u003c\/i\u003e offers the financial services professional, and anyone interested in knowing more about the profession, an entertaining and comprehensive analysis of the financial markets and the financial services industry. Written by Daniel Lacalle--a noted portfolio manager with EcoFin and well-known media personality--the book goes beyond a simple summary and offers solid advice on the future of the global financial markets. This great resource also includes a review of effective strategies and forecasts the trends that represent potential opportunities for investors\u003cb\u003e.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe book reviews the recent history of the financial crisis and includes information on hot topics such as derivatives and high frequency trading. An in-depth section on investment banking is written from the perspective of a successful practitioner and provides clarity on several complex and overly politicized elements of the banking system. The author gives an expert's perspective on the debt markets, monetary policies, and quantitative easing, and helps explain the various issues surrounding sovereign debt, the Euro crisis, and austerity versus growth policies. Comprehensive in scope, this resource also offers an analysis of investment styles, from hedge funds to \"long only\" investments, as well as an in-depth look at corporate communication and its impact on markets and investments.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eOffers an engaging and comprehensive analysis of the financial services industry\u003c\/li\u003e \u003cli\u003eIncludes information on the workings of the global financial system following the economic crisis\u003c\/li\u003e \u003cli\u003eContains a review of complex banking systems\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAnalyzes the various investment styles and answers the most common questions pertaining to investing\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eMost of the economic news that reaches market participants is reactive: it only explains what has happened. What's more, this information is belated, filtered, often massaged and sometimes tainted by politics and social relations. In times of crisis \"speculators\" all too often take the blame for economic downturns both in the media and in political discourse.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eLife in the Financial Markets\u003c\/i\u003e offers financial services professionals, as well as anyone interested in the topic, an accessible and provocative guide to the functioning of the financial system. Written by Daniel Lacalle--a senior portfolio manager and contributor to the \u003ci\u003eWall Street Journal\u003c\/i\u003e and CNBC--\u003ci\u003eLife in the Financial Markets\u003c\/i\u003e passionately defends the honesty, seriousness and above all the essential and irreplaceable role that financial operators play in today's economy. Lacalle also includes a diagnosis of the economic crisis, that may be considered by some as controversial, but which offers a hopeful and honest way out of our current problems.\u003c\/p\u003e \u003cp\u003eLacalle explores the recent history of the market and the financial crisis and touches on hot topics such as derivatives, high frequency trading, and investment banking. Viewed from the perspective of a successful practitioner, Lacalle provides clarity on some complex and very politicised elements of the banking system including the debt market, monetary policies, and quantitative easing. In accessible terms, \u003ci\u003eLife in the Financial Markets\u003c\/i\u003e explains the impact of, as well as the different issues surrounding, sovereign debt, the European crisis, and austerity versus growth policies.\u003c\/p\u003e \u003cp\u003eBased on his experience, Daniel Lacalle lambasts some of the myths surrounding the activity of hedge funds and financial operators, offers his take on the causes of the current crisis and includes ways to resolve them. Among other controversial ideas, \u003ci\u003eLife in the Financial Markets\u003c\/i\u003e argues persuasively that traders do not act outside the law; access to the investor's pocket is not anyone's right, not even that of a government; liquidity alone is not enough to tackle the current crisis; consensus assessment poses a danger to the investor; and the currency markets always impose the fundamentals.\u003c\/p\u003e \u003cp\u003eThis important resource provides ideas and recommendations for negotiating the financial sectors and offers suggestions to investors for making their own investment decisions.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eMost of the economic news that reaches market participants is reactive: it only explains what has happened. What's more, this information is belated, filtered, often massaged and sometimes tainted by politics and social relations. In times of crisis \"speculators\" all too often take the blame for economic downturns both in the media and in political discourse. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eLife in the Financial Markets\u003c\/i\u003e offers financial services professionals, as well as anyone interested in the topic, an accessible and provocative guide to the functioning of the financial system. Written by Daniel Lacalle--a senior portfolio manager and contributor to the \u003ci\u003eWall Street Journal\u003c\/i\u003e and CNBC--\u003ci\u003eLife in the\u003c\/i\u003e \u003ci\u003eFinancial Markets\u003c\/i\u003e passionately defends the honesty, seriousness and above all the essential and irreplaceable role that financial operators play in today's economy. Lacalle also includes a diagnosis of the economic crisis, that may be considered by some as controversial, but which offers a hopeful and honest way out of our current problems. \u003c\/p\u003e\u003cp\u003eLacalle explores the recent history of the market and the financial crisis and touches on hot topics such as derivatives, high frequency trading, and investment banking. Viewed from the perspective of a successful practitioner, Lacalle provides clarity on some complex and very politicised elements of the banking system including the debt market, monetary policies, and quantitative easing. In accessible terms, \u003ci\u003eLife in the Financial Markets\u003c\/i\u003e explains the impact of, as well as the different issues surrounding, sovereign debt, the European crisis, and austerity versus growth policies. \u003c\/p\u003e\u003cp\u003eBased on his experience, Daniel Lacalle lambasts some of the myths surrounding the activity of hedge funds and financial operators, offers his take on the causes of the current crisis and includes ways to resolve them. Among other controversial ideas, \u003ci\u003eLife in the Financial Markets\u003c\/i\u003e argues persuasively that traders do not act outside the law; access to the investor's pocket is not anyone's right, not even that of a government; liquidity alone is not enough to tackle the current crisis; consensus assessment poses a danger to the investor; and the currency markets always impose the fundamentals. \u003c\/p\u003e\u003cp\u003eThis important resource provides ideas and recommendations for negotiating the financial sectors and offers suggestions to investors for making their own investment decisions.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eDANIEL LACALLE\u003c\/b\u003e is an economist, fund manager and certified financial analyst overseeing equities, bonds and commodities. He holds a postgraduate degree in IESE and a master's degree in economy investigation. Mr Lacalle was voted Top 3 Generalist and Number 1 Pan-European Buyside Individual in Oil \u0026amp; Gas in Thomson Reuters' Extel Survey in 2011, the leading survey among companies and financial institutions. Author of two best-selling books \u003ci\u003eNosotros los Mercados\u003c\/i\u003e and \u003ci\u003eViaje a la Libertad Económica\u003c\/i\u003e, now in its fifth and third edition respectively, as well as \u003ci\u003eThe Energy World Is Flat\u003c\/i\u003e (Wiley, 2015, with Diego Parrilla).\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 312\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.9 x 9.1 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e January 20, 2015\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42127746826375,"sku":"9781118914878","price":76.32,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/e337d75313e70702db29258b2eba4b45.webp?v=1732590348","url":"https:\/\/booksby.splitshops.com\/products\/life-in-the-financial-markets-how-they-really-work-and-why-they-matter-to-you-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}