A Wall Street Journal bestseller
Financial expert, investment advisor and New York Times bestselling
author James Rickards shows why and how global financial markets are
being artificially inflated--and what smart investors can do to protect
their assets
What goes up, must come down. As any student of financial history knows,
the dizzying heights of the stock market can't continue
indefinitely--especially since asset prices have been artificially
inflated by investor optimism around the Trump administration, ruinously
low interest rates, and the infiltration of behavioral economics into
our financial lives. The elites are prepared, but what's the average
investor to do?
James Rickards, the author of the prescient books Currency Wars, The
Death of Money, and The Road to Ruin, lays out the true risks to our
financial system, and offers invaluable advice on how best to weather
the storm. You'll learn, for instance:
* How behavioral economists prop up the market: Funds that
administer 401(k)s use all kinds of tricks to make you invest more,
inflating asset prices to unsustainable levels.
* Why digital currencies like Bitcoin and Ethereum are best
avoided.
* Why passive investing has been overhyped: The average investor
has been scolded into passively managed index funds. But active
investors will soon have a big advantage.
* What the financial landscape will look like after the next
crisis: it will not be an apocalypse, but it will be radically
different. Those who forsee this landscape can prepare now to preserve
wealth.
Provocative, stirring, and full of counterintuitive advice, Aftermath
is the book every smart investor will want to get their hands on--as
soon as possible.