Guide to Financial Markets: Why They Exist and How They Work (Economist Books)

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Guide to Financial Markets: Why They Exist and How They Work (Economist Books) image
ISBN-10:

1610399897

ISBN-13:

9781610399890

Edition: 7
Released: Jul 24, 2018
Publisher: The Economist
Format: Paperback, 304 pages

Description:


The revised and updated 7th edition of this highly regarded book brings the reader right up to speed with the latest financial market developments, and provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand.

In chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book examines why these markets exist, how they work, and who trades in them, and 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.

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