Beating the Business Cycle: How to Predict and Profit from Turning Points in the Economy - Hardcover

Achuthan, Lakshman; Banerji, Anirvan

Hardcover

ISBN 10: 0385509537 ISBN 13: 9780385509534

Publisher: Broadway Books, 2004

Synopsis

The directors of the Economic Cycle Research Institute explain how to utilize the leading econcomic indicators to predict--and profit from--the ups and downs of the economy, as well as how to use one's knowledge of economic trends to make sound business or major life decisions.

About this title

About the Author

<p>LAKSHMAN ACHUTHAN and ANIRVAN BANERJI are the managing director and director of research at the famed Economic Cycle Research Institute. They are the trusted advisors of Fortune 500 companies, major fund managers, and government agencies throughout the world. They appear regularly on CNN’s <i>Moneyline</i>, CNBC, and NPR, and have been featured in <i>Money</i> magazine and <i>The Economist</i>.</p>

From the Inside Flap

<p>How can you make wise decisions about your company and your personal future when you have no idea where the economy is headed?<br><br>The answer is, you can’t. But you <i>can </i>learn how to accurately predict turns in the economy so that you can see the road ahead. And <i>Beating The Business Cycle</i> shows you how.<br><br>In <i>Beating the Business Cycle</i>, Lakshman Achuthan and Anirvan Banerji, the directors of the renowned Economic Cycle Research Institute (ECRI) show how anyone can predict and profit from the inevitable booms and busts of the economy. <br><br>Why should we believe them? Because while so many economists and financial gurus have failed to predict recessions in the past, ECRI’s forecasts are known for being uncannily accurate. The institute successfully predicted the U.S. recession of 2001 many months before the economists did; the 1990 recession and later recovery; and most recently, the weak U.S. recovery in 2002. ECRI is in constant demand by corporate America and the media. It is the “secret weapon” of companies from Disney to DuPont, the major fund managers, and many central banks. <br><br><i>Beating the Business Cycle</i> is the first book to reveal how decision makers at all levels—managers, small business owners, and individuals—can see into the economy’s future when making key decisions. Should a large company search out new clients and build new factories or stores, or should it consider cost cutting and layoffs? Is it the right time for you to splurge on that luxury vacation or addition to your house, or would it be more prudent to cut back on big expenditures and save money for a rainy day? <br><br>Written in an easy-to-understand, accessible style, <i>Beating the Business Cycle</i> takes the guesswork out of deciding which of the hundreds of economic indicators to trust and which ones to trash. It will give you the tools and confidence you need to make the right decisions at the right times—even when the rest of the investing and business world would persuade you otherwise. Whether you are a corporate manager or the owner of a small business, whether you have your money invested in stocks or in your home, <i>Beating the Business Cycle</i> will give you the edge you need to trump the competition and stay ahead of the crowd.</p>

Edition details

• Publisher: Broadway Books
• Publication date: 2004
• ISBN 10: 0385509537
• ISBN 13: 9780385509534
• Binding: Hardcover
• Language: English