Unexpected Returns by Ed EasterlingBefore you read any how-to investment books or seek financial advice, read Unexpected Returns, the essential resource for investors and investment professionals who want to understand how and why the financial markets are not the same now as they were in 1980s and 1990s. In addition to explaining the fundamentals, this book takes you on a graphic journey through seasons of the market, tying together economics and finance to explain the stock market’s cycles. Using comprehensive full-color charts and graphs, it offers an in-depth exploration of what has changed over the past five years — and what you can do about it to avoid disappointment with your investments. This unique combination of investment science and investment art will enable you to differentiate between irrational hope and a rational view of the current financial markets. Based on years of meticulous research, Unexpected Returns provides the sensible conclusions that will drive your future investment choices and give you the confidence to rely on your investment outlook, whatever your financial strategy.
Acclaim For Unexpected Returns “Ed Easterling has given the world of investing the single best, easy-to-read, study of stock market cycles of which I know. He lays out a path for you to find your own Unexpected Returns, showing you how to confidently navigate the waters of market volatility. Serious investors will devour this book and profit. It should be required reading for investment professionals.” — John Mauldin, President, Millennium Wave Investments; author of Bull’s Eye Investing
“Unexpected Returns provides a broad, deep, and provocative exploration of the factors that determine stock market investment returns over a person’s lifetime. Of special interest to me, as a Federal Reserve policy advisor on monetary policy, is Easterling’s exploration of the critical role of low and stable inflation as a key determinant of stock market performance.” — Harvey Rosenblum, Senior Vice President and Director of Research, Federal Reserve Bank of Dallas
“Unexpected Returns is at once a penetrating analysis of more than a century of stock market experience and a realistic guide to how we may expect the markets to perform in the years ahead. Easterling’s findings and conclusions are grounded on the best economic and financial thinking of our time. This is a book for the serious investor and student of the markets.” — Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, Stern School of Business, New York University; co-author of A History of Interest Rates
Hardcover: 296 pages
Publisher: Cypress House (April 2005)
Availability: In Stock - Usually ships the next business day.