In Unloved Bull Markets: Getting Rich the Easy Way by Riding Bull Markets, a seasoned, award-winning professional money manager delivers an eye-opening and insightful take on a frequently overlooked - and critically important - investing strategy. The author walks readers through a crash-course in how to take full advantage of the greatest opportunity for wealth accumulation: a bull market.
With an emphasis on seizing investment opportunities when they actually arise, instead of just watching them recede in the rearview mirror, Unloved Bull Markets explores: - The economic indicators that can disguise, fuel, or end a bull market, including inflation and interest rates, the Fed and monetary policy, and unemployment - Six common pieces of bad information that lead investors astray and can result in missing out on some of the best market opportunities to come along in decades - The perennial discussion and debate between proponents of active management and passive, index investors
Unloved Bull Markets is the perfect book for investors who seek to base their decisions on data and logic, rather than fears and intuition, and want to focus on the profitable climb instead of distressing worries.
Table of Contents
Preface vii
Acknowledgments ix
About the Author xi
Introduction 1
Chapter 1 “Unloved” Bull Markets 7
Chapter 2 Was the Bull Market Sensible? 25
Chapter 3 News and Stock Prices 39
Chapter 4 Economic Setting 47
Chapter 5 Inflation and Interest Rates 55
Chapter 6 The Federal Reserve and Monetary Policy 73
Chapter 7 Unemployment 89
Chapter 8 Betting on a Lackluster Stock Market and Higher Interest Rates 101
Chapter 9 Volatility Events 105
Chapter 10 Six Pieces of Bad Information 117
Chapter 11 Active-Passive 143
Chapter 12 Strategies 161
Chapter 13 Human Behavior 177
Chapter 14 And Then It Ended with a Crash 187
Chapter 15 I Want My Money Back 193
Chapter 16 Conclusion 215
Index 221