MARC Record from marc_columbia

LEADER: 04760mam a2200493 a 4500
001 2368530
005 20220616031756.0
008 980813t19991999nyua 000 0 eng
010 $a 98039938
015 $aGB99-23033
020 $a0471315869 (cloth : alk. paper)
035 $a(OCoLC)ocm39724203
035 $9APQ1293CU
035 $a(NNC)2368530
035 $a2368530
040 $aDLC$cDLC$dC#P$dUKM$dOrLoB-B
050 00 $aHG6041$b.B82 1999
082 00 $a332.64/5$221
100 1 $aBurstein, Gabriel,$d1959-$0http://id.loc.gov/authorities/names/n98073149
245 10 $aMacro trading and investment strategies :$bmacroeconomic arbitrage in global markets /$cGabriel Burstein.
260 $aNew York :$bWiley,$c[1999], ©1999.
300 $axii, 228 pages :$billustrations ;$c24 cm.
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
490 1 $aWiley trading advantage
500 $aIncludes index.
505 00 $g1.$tIntroduction: From Subjective Macroeconomic Views to Objective Macroeconomic Mispricings in Global Markets --$g2.$tMacro Trading and Investment Strategies --$g3.$tDirectional Macro Trading and Investment --$g4.$tLong/Short Macro Trading and Investment --$g5.$tMacroeconomic Arbitrage in Global Markets: A New Macro Strategy --$g6.$tComparison between Macroeconomic Arbitrage, Directional Macro, and Long/Short Macro Strategies --$g7.$tMacroeconomic Arbitrage Based on Retail Sales Mispricings in Markets --$g8.$tCauses of Macroeconomic Mispricings in Markets and Tackling Secondary Macroeconomic Variables in Trades --$g9.$tThe Importance of Technical Timing in Macro Arbitrage --$g10.$tThe Relation between Macro and Micro Fundamentals in Macro Arbitrage --$g11.$tVolatility of Macro Arbitrage Strategies versus Relative Value Strategies --$g12.$tMacro Arbitrage Is Uncorrelated to Directional and Relative Value Strategies --
505 80 $g13.$tMacro Arbitrage Trading and Investment Based on Gross Domestic Product (GDP) Mispricings in Global Markets --$g14.$tMacro Arbitrage Based on Interest Rates Mispricing in Global Markets --$g15.$tMacro Arbitrage of Consumer Expenditure Mispricings in Global Markets --$g16.$tMacro Arbitrage of Manufacturing Shipments Mispricings in Global Markets --$g17.$tMispricings of Asian Crisis Effects on Global Markets: When Macro Events Trigger Subliminal Market Relations --$g18.$tMacro Arbitrage of EMU Convergence Mispricings in Equity Markets --$g19.$tMacro Mispricings of Currencies (Exchange Rates) in Stock Markets --$g20.$tLong/Short Macro Spreads and Macro Arbitrage Opportunities within the New EMU Euro Stock Markets --$g21.$tMacro Arbitrage of Industrial Production Mispricings in Equity Markets --$tEpilogue: Global Financial Crisis Domino Effect Corrects Macro Mispricings.
520 1 $a"Macro Trading and Investment Strategies is the first thorough examination of one of the most proficient and enigmatic trading strategies in use today - global macro. More importantly, it introduces an innovative strategy to this popular hedge fund investment style - global macroeconomic arbitrage.".
520 8 $a"Dr. Burstein proposes a new global macro strategy that is nondirectional and more objective. The classic global macro strategy utilizes macroeconomic information to anticipate market direction through subjective views. As a result, global macro has a strong subjective-directional component.
520 8 $aBased on objective mispricings of macroeconomic information in stock market index and stock sector index spreads, a new long/short arbitrage strategy is presented here that capitalizes on the correction of objective macroeconomic mispricings. These macro arbitrage strategies are evaluated and tested in volatile markets such as the "domino effect" of the global financial crises of 1997-1998 that led to a hedge fund crisis.
520 8 $aIn fact, the book shows how global financial crises create strong macro arbitrage opportunities while also being a catalyst for correcting preexistent macro mispricings."--BOOK JACKET.
650 0 $aArbitrage.$0http://id.loc.gov/authorities/subjects/sh85006451
650 0 $aSpeculation.$0http://id.loc.gov/authorities/subjects/sh85126431
650 0 $aHedging (Finance)$0http://id.loc.gov/authorities/subjects/sh85059914
650 0 $aMacroeconomics.$0http://id.loc.gov/authorities/subjects/sh85079443
650 0 $aCompetition, International.$0http://id.loc.gov/authorities/subjects/sh85029339
650 4 $aArbitrage.
650 4 $aSpeculation.
650 4 $aMacroeconomics.
650 4 $aHedging (Finance)
650 4 $aCompetition, International.
830 0 $aWiley trading advantage.$0http://id.loc.gov/authorities/names/n96116531
852 00 $boff,bus$hHG6041$i.B82 1999