Trendwatching: Don't Be Fooled by the Next Investment Fad, Mania, or Bubble
By Ron Insana

Price $18.95
Release Date: 11/01/02
Serial Number: Insana1

Description
Ron Insana expalins how bubbles, fads, and financial market manias are, by their very nature, double-edged swords. They can help to finance entirely new industries, such as automobile, radio, biotechnology, and the Internet. But overinvestment and instability pose great risks to national and global economies if left to spin out of control. One of the great problems in both identifying and dealing with bubbles, fads, and manias, Insana notes, is that they all appear to be "different this time." Old rules of investing and old laws of economics seem archaic and inapplicable to the current trend. Trendwatching explainshoe policy-makers may fail to appreciate how an emerging market crisis, dressed in borrowed robes of prosperity, may ultimately undermine" economic growth

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