Jones Unlocking the Secrets of the Fed

How Monetary Policy Affects the Economy and Your Wealth-Creation Potential
1. Auflage 2002
ISBN: 978-0-471-44562-3
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 272 Seiten, E-Book

Reihe: Frank J. Fabozzi Series

Written by America's most respected Fed watcher-Dr. DavidJones-Unlocking the Secrets of the Fed gets inside the world ofmonetary and fiscal policymaking and explains how understanding andanticipating the actions of the Federal Reserve is critical to yourinvestment success.
This straightforward and well-rounded guide offers a wealth ofpractical information on the leading economic policy institution inthe world-the Federal Reserve. This unique book:
* Addresses the impact of Federal Reserve actions on the economyand the average American's wealth-creation potential
* Closely examines the Fed's policy objectives, operatingtechniques, and favorite financial and economic indicators
* Reviews the modern-day Fed's main challenges
* Underscores the important role that psychology plays in ournation's economic expansions and contractions
* Explains asset price bubbles and the implications for theeconomy
* Assesses the performance of contemporary Fed leaders such asWilliam McChesney Martin, Paul Volcker, and Alan Greenspan
As one of the pioneers of "Fed watching," Dr. Jones knows all thereis to know about the Federal Reserve. Take this opportunity tolearn how the Federal Reserve's decisions affect your investmentsas well as the economy as a whole.

Autoren/Hrsg.

Jones, David M.

Inhaltsverzeichnis

Preface.
Acknowledgements.
About the Author.
Chapter 1. Celebrity Status--A Mixed Blessing.
Chapter 2. New Challenges.
Chapter 3. Potential Growth and Seven Rules for CentralBankers.
Chapter 4. Major Concerns.
Chapter 5. Monetary Policy Process and Indicators.
Chapter 6. Asset Price Bubbles--Beware.
Chapter 7. Top-Rated Contemporary Fed Leaders.
Chapter 8. Terrorist Turmoil.
Chapter 9. Conclusions.
Bibliography.
Index.

Über Autor(innen)

DAVID M. JONES, PhD, is President and CEO of DMJ Advisors LLC andChairman of the Board of Directors of Aubrey G. Lanston & Co.Inc. From 1968 to 1972, he was vice president and financialeconomist at Irving Trust Company in New York, and previously hewas with the Federal Reserve Bank of New York, where he was head ofthe Business Conditions Section and an economist for the DomesticTrading Desk. Dr. Jones received his MA and PhD from the Universityof Pennsylvania and his BA with honors from Coe College. He haswritten Fed Watching and Interest Rate Projections: A PracticalGuide; Politics of Money: The Fed Under Alan Greenspan; and, mostrecently, The Buck Starts Here: How the Federal Reserve Can Make orBreak Your Financial Future. Dr. Jones has also lectured at manyseminars and banking schools. He is a frequently quoted Fedcommentator and often appears on CNBC, CNN, and other network newsshows.