Mapping the Markets: A Guide to Stockmarket Analysis

Portada
Economist, 2006 - 134 páginas
This book is about how to analyse the way markets are likely to behave and it combines the two approaches used by market analysts: technical analysis, which is based on the belief that price reflects everything that is known about a particular market; and fundamental analysis, which takes into account all kinds of factors in order to determine the correct price of an asset. It is in four parts:....-a kind of global overview, at the heart of which is an examination of the business cycle, including how the 50-year Kondratieff, 10-year jugular and 4-year Kitchin waves fit together....- how stockmarkets are affected by the cycles and seasonal and secular trends....- how to identify sectors and stocks to invest in....- future stockmarket drivers - an analysis of some of the innovations, such as fuel cell technology, that will power the next upward leg of the cycle.

Contenido

Introduction
1
Tools for mapping the markets 1 Economic cycles 2 Stockmarket cycles
2
Sector rotation
3
List of figures
8
1
14
3
20
3
34
Stock selection
43
Global imbalances
95
External events
97
Taking market bearings
101
Stockmarkets
103
Sectors
117
Conclusion
120
Note on sources
123
Bibliography
124

Longterm cyclical drivers
59
Average oil price 19462004
60
Economic catchup
61
Demographic trends
73
Energy
79
Biotechnology
85
Downward phases of the cycle
91
1
93
1
125
1
127
28
129
79
130
85
131
91
132
123
133
Derechos de autor

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Acerca del autor (2006)

Deborah Owen runs Investment Research Cambridge (IRC), which has a global reputation for the quality of its analysis of financial markets. Robin Griffiths has worked in the financial markets since 1964 in London, Japan and New York, and is now Head of Asset Allocation at Rathbones, a leading UK investment firm. He is a regular commentator on Bloomberg news and has been Chairman of the British Society of Technical Analysts.

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