Bear Markets

How does a bear market in equities differ from a bull market? What lessons can be learned from events of the past quarter century in Japan? Have the norms of financial strategy changed?

This provocative new book shows why the massive long-term capital market top spanning fifteen years cannot be breached. Using his concept of the financial system limit, David Kauders explains how traditional economic cycles have been supplanted by a new economic cycle.

Table of contents

Introduction

1 The long-term equity top

2 Why are there recurrent financial crises?

3 The global economy, finance, business and politics

4 Bull and bear markets

5 Lessons from Japan

6 Financial strategy turns upside down

7 Avoiding mistakes

8 A capital preservation strategy

This is the European edition ebook, released 29th February 2016. The US/CA edition ebook was also released 29th February, ISBN 9781907230561, US$6.99. See website for edition differences.

European print edition, hardcover, to be published 14th November 2016, ISBN 9781907230547 available everywhere except USA/CA, price £20, €30.

International edition trade paperback / quality paperback 14th November 2016, 9781907230578, available worldwide £13.99. €20, US$25.