Wall street revalued: imperfect markets and inept central bankers
Auteur :
Smithers, Andrew
Éditeur :
John Wiley & Sons Inc
ISBN :
9780470750056
Date de publication :
24 juil. 2009
Dimensions :
23,4 x 15,9 x 2,5 cm
Poids :
567 g
Langue :
Anglais
Pays d'origine :
USA
In 2000 one of the world's foremost economists, Andrew Smithers, showed that the US stock market was widely over-priced at its peak and correctly advised investors to sell. He also argued that central bankers should adjust their policies not only in light of expected inflation but also if stock prices reach excessive levels.