Stigum's Money Market, 4E - Marcia Stigum, Anthony Crescenzi

Stigum's Money Market, 4E

Marcia Stigum, Anthony Crescenzi

出版时间

2007-03-02

ISBN

9780071448451

评分

★★★★★
书籍介绍
The Most Widely Read Work on the Subject _ Completely Updated to Cover the Latest Developments and Advances In Today's Money Market! First published in 1978, Stigum's Money Market was hailed as a landmark work by leaders of the financial, business, and investment communities. This classic reference has now been revised, updated, and expanded to help a new generation of Wall Street money managers and institutional investors. The Fourth Edition of Stigum's Money Market delivers an all-encompassing, cohesive view of the vast and complex money market…offers careful analyses of the growth and changes the market has undergone in recent years…and presents detailed answers to the full range of money market questions. Stigum's Money Market equips readers with: A complete overview of the large and ever-expanding money market arena Quick-access to every key aspect of the fixed-income market A thorough updating of information on the banking system Incisive accounts of money market fundamentals and all the key players In-depth coverage of the markets themselves, including federal funds, government securities, financial futures, Treasury bond and note futures, options, euros, interest rate swaps, CDs, commercial paper, and more Expert discussions of the Federal Reserve, the Internet and electronic trading, and the new roles of commercial banks and federal agencies This updated classic also includes hundreds of helpful new illustrations and calculations, together with an improved format that gives readers quick access to every major topic relating to the fixed-income market.
精彩摘录
  • "From a financial point of view, a capital asset is not a concrete thing but only a stream of future net cash flows. The most important capital assets are those which can be sold or at least hypothecated. The reason they are important is that possession of such assets gives the owner access to curren"
  • "‘Fragile finance’ refers to states in which cash commitments are relatively heavy compared to cash flows, so that there is some danger of widespread failure to meet commitments, failure that might cause general breakdown in coherence. ‘Robust finance’ refers to states in which commitments are relati"
  • "Generally speaking, the tendency is to move from robust finance to fragile finance — this is the Financial Instability Hypothesis — and this is so because in a world of uncertainty, especially endogenous uncertainty, expectations about the future have little objective foundation so that mistakes are"
作者简介
Anthony Crescenzi is chief bond market strategist at Miller Tabak & Co. and an adjunct professor in Baruch College's Executive MBA program. His work on the economy and markets is widely followed on Wall Street and has reached as far as the White House. Mr. Crescenzi makes regular appearances on financial television stations such as CNBC and Bloomberg, and is frequently quoted across the news media. Mr. Crescenzi's first book, The Strategic Bond Investor, was published in 2002.
用户评论
我仅仅好奇,这样的书是给什么人看的
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