The Era of Uncertainty: Global Investment Strategies for Inflation, Deflation, and the Middle Ground

From the Inside Flap
The economic crisis has placed the business cycle back in the spotlight, but as individual investors and financial professionals start the arduous task of portfolio building and rebuilding, the greatest danger they face is relying too much on the past for guidance when the future may look very different.

No one can say for certain what our economic future will look like. What investors can do is prepare. The Era of Uncertainty provides a new way of thinking about investing in a dynamic, macro-driven world, examining the importance of macroeconomic perspectives in a global economy rife with instability. This book presents a framework for using big-picture investment strategies to profit from the interwoven inflationary and deflationary scenarios likely to evolve in the coming years.

Written by FranÇois Trahan, former Chief Investment Strategist of Bear Stearns and one of the first strategists to warn about the housing bubble before it burst, and Katherine Krantz of Miracle Mile Advisors, The Era of Uncertainty addresses the likely causes and consequences of each possible scenario, offering investment strategies to profit from each potential outcome. Drawing on experiences derived from previous credit-driven deleveraging cycles and containing insights into the financial future, the book marks an important step for macroeconomics in the post-recession financial world.

A practical resource for anyone who intends to succeed in today's environment, The Era of Uncertainty shows what it will take to make it in such a dramatically altered market, and how to incorporate macro strategies into everyday investment endeavors in order to achieve lasting success, no matter what lies ahead.