Palgrave MacMillan
Global Shocks: An Investment Guide for Turbulent Markets
Key Metrics
- Nicholas P Sargen
- Palgrave MacMillan
- Hardcover
- 9783319411040
- 9.3 X 6.3 X 0.8 inches
- 1 pounds
- Business & Economics > Investments & Securities - General
- English
Secure TransactionBook Description
The goal is to share these experiences and the lessons from them, so investors will be better prepared for future shocks. The opening chapter explores whether there are common patterns in movements of interest rates and exchange rates that investors can exploit. A conceptual framework is presented that helps explain why this is the case for traditional currency crises, but less so for asset bubbles.
The concluding chapter ties the episodes together and considers how the nature of financial crises has evolved since the collapse of Bretton Woods. We cite factors that make it difficult for policymakers and investors to detect problems in advance of an asset bubble. The good news is investors get a second chance to outperform when markets are over-sold; however, they need to formulate a strategy to limit the damage during the sell-off phase and to capitalize on the eventual recovery.
Author Bio
Nick Sargen is former Senior Economic Advisor for Fort Washington. In former roles, Sargen served as both Chief Economist and Chief Investment Officer and was responsible for overseeing the investment activity for all assets under management for Fort Washington and its division and subsidiaries.
Prior to joining Fort Washington in June 2003, Sargen’s experience encompassed many years as an international economist and global money manager. He previously served as Managing Director for JP Morgan Chase in New York, where he was Chief Investment Strategist for JP Morgan Private Bank. He has also served as Managing Director for Prudential Insurance Company, where he was Chief Investment Officer for Global Fixed Income Advisors.
Previously, he was Director, Bond Market Research, for Salomon Brothers. His experience includes positions with Morgan Guaranty Trust, the Federal Reserve Bank of San Francisco, and the U.S. Department of Treasury.
Education
Sargen earned a Ph.D. and a M.A. in economics from Stanford University; he received an undergraduate degree in economics at the University of California - Berkeley. He has taught courses at the Darden Graduate School of Business Administration and Xavier University, where he also chairs the advisory board for the Finance department.
Sargen frequently contributes research articles on global investing to various publications and appears regularly on television business programs. He had been a regular panelist with Louis Rukeyser from 2001 through 2004.
Sargen has written extensively on international financial markets, and is the author of Global Shocks: An Investment Guide for Turbulent Markets and Investing in the Trump Era: How Economic Policies Impact Financial Markets.
Source: Fort Washington Investment Advisors, Inc and LinkedIn.com
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