Investment professionals know that successful investment decision-making is tied to business cycles. Investment timing expert Jon Taylor offers professionals a solid framework for assessing returns at different stages of a business cycle. Here is a hands-on guide to a valued analytical technique that covers all investment vehicles, including stocks, bonds, and mutual funds.Market returns averaged only 9.6 percent on an annualized basis, and a scant 1.1 percent above the return on cash. ... in this environment were low because the time span under consideration includes the stock market crash of October 1987, anbsp;...
|Title||:||Investment Timing and the Business Cycle|
|Author||:||Jon Gregory Taylor|
|Publisher||:||John Wiley & Sons - 1998|