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It's Not As Bad As You Think Hardcover English by Brian S. Wesbury - 30-Nov-09

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PublisherJohn Wiley And Sons Ltd
ISBN 139780470238332
AuthorBrian S. Wesbury
LanguageEnglish
Book SubtitleWhy Capitalism Trumps Fear And The Economy Will Thrive
Book DescriptionAn upbeat antidote to the gloom and doom forecasts of the financial future Just about everyone is worried about the economy and markets. And the fear is that they will stay down for a long time. But a few brave voices say that the gloom and doom forecasts are just too pessimistic. Reality is that entrepreneurs don't give up. History is pretty clear, every time the economy is thought to be done, worn out, finished, it bounces back and heads to new highs. In fact, the economy and the markets-counter to conventional wisdom-have started to improve in the first half of 2009. Even housing is showing some signs of life. With It's Not as Bad as You Think, Brian Wesbury, ranked as one of the top economic forecasters by the Wall Street Journal and USA Today, shows you that while the financial future may be hard to predict, it will ultimately be profitable over the long haul. In this easy-to-follow and engaging forecast of the future, Wesbury takes a look at the good, the bad, and the ugly-and debunks the pouting pundits of pessimism to show you how to prosper now and in the future.* An optimistic look at the economy and the markets written by one of today's foremost financial forecasters* Presents a roadmap to seek opportunities in all the panic* Shows you how to analyze economic indicators and government policy to grow your wealth so you don't lose by hiding under the bed A breath of fresh air, Wesbury's objectivity and optimism provide welcome relief to the daily bad news stories, as he sets us all up to capitalize on tomorrow's great possibilities.
Editorial ReviewCompared with most of his peers, Brian Wesbury... looks like a raging bull. The economy, he boldly predicts, will grow ... the stock market remains grossly ... This is the opportunity of a lifetime for those buying a house... The author rightly makes the case that the current financial crisis was totally unnecessary. Its prime cause was the imposition of mark-to-market accounting rules... Wesbury also explains that the potential losses from subprime mortgages and exotic financial instruments in 2007 were less threatening to the system than was the banking crisis of some 20 years ago... Wesbury deals decisively and persuasively with other misconceptions. The big one: that it was the collapse of the housing bubble that led to panic in the fall of 2008 ...As for the economy's current growth, Wesbury makes it clear that he doesn't think it's soundly based. In other words, investors have opportunities for big gains, but they'd better be nimble. Expansions fueled by excesses of Fed credit always end badly. -Forbes magazine
About the AuthorBrian S. Wesbury is Chief Economist at First TrustAdvisors LP, a financial services firm with over $23 billion under management. He writes frequently for the American Spectator magazine, serves as the magazine's Economics Editor, and is often a contributor to the Wall Street Journal editorial page. Wesbury was ranked as the nation's number one forecaster by the Wall Street Journal in 2001, and USA Today ranked him as one of the nation's top ten forecasters in 2004. Wesbury received an MBA from Northwestern University's Kellogg Graduate School of Management and a BA in economics from the University of Montana. His most recent writings can be found at ftportfolios website
Edition Number1
Publication Date30-Nov-09
Number of Pages224

It's Not As Bad As You Think Hardcover English by Brian S. Wesbury - 30-Nov-09

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