Any Happy Returns: Structural Changes and Super Cycles in Markets

Oppenheimer, Peter C.

  • 出版商: Wiley
  • 出版日期: 2024-01-03
  • 售價: $1,340
  • 貴賓價: 9.5$1,273
  • 語言: 英文
  • 頁數: 384
  • 裝訂: Hardcover - also called cloth, retail trade, or trade
  • ISBN: 1394210353
  • ISBN-13: 9781394210350
  • 立即出貨(限量) (庫存=1)

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商品描述

"An invaluable read for economic history buffs, the book also offers hints on how to invest wisely that will appeal to other readers too." - Financial Times

'An in-depth but accessible analysis of the complex factors that impact structural changes in financial markets and investor opportunities.'

In Any Happy Returns: Structural Changes and Super Cycles in Markets, celebrated author Peter C. Oppenheimer delivers his much-anticipated follow-up to The Long Good Buy. The book discusses how structural changes in macroeconomic drivers, geopolitics, government policy and social attitudes all combine to drive secular super cycles that help to explain investor returns.

The author focuses on what he calls the Post-Modern Cycle, what it's likely to look like, how it will unfold and what investors should focus on. You'll also find:

  • An introduction to the history of cycles and structural 'Super Cycles', and what has driven them.
  • A detailed analysis of Super Cycles since 1945, including the Post-War Boom, the Great Moderation, the post Global Financial Crisis and Pandemic era.
  • The specific drivers of the emerging Post-Modern Cycle amid a higher cost of capital, bigger governments, more proactive industrial policy, greater regulation, and less globalisation.
  • Oppenheimer focuses on the developments in technology and AI, and on efforts to de-carbonise economies, and how these might impact financial market returns and opportunities.

An invaluable resource for students of economic and financial history, and for investors, Any Happy Returns is essential reading for anyone seeking insights into upcoming market conditions and returns.

商品描述(中文翻譯)

「對於經濟史愛好者來說,這本書是一次無價的閱讀體驗,同時也提供了投資智慧的提示,將吸引其他讀者。」-《金融時報》

「這本書深入但易於理解地分析了影響金融市場結構變化和投資機會的複雜因素。」

在《任何快樂的回報:市場的結構變化和超級周期》中,著名作家彼得·C·奧本海默(Peter C. Oppenheimer)帶來了他備受期待的續集《長期的好買》。本書討論了宏觀經濟驅動因素、地緣政治、政府政策和社會態度的結構性變化如何結合在一起,推動了解釋投資回報的長期超級周期。

作者專注於他所稱之為「後現代周期」,探討了它的特點、發展過程以及投資者應該關注的重點。您還將找到:

- 循環和結構性「超級周期」歷史的介紹,以及推動它們的因素。
- 自1945年以來超級周期的詳細分析,包括戰後繁榮、偉大的穩定時期、全球金融危機後和大流行病時代。
- 新興「後現代周期」的具體驅動因素,包括更高的資本成本、更大的政府、更積極的產業政策、更嚴格的監管和全球化減少。
- 奧本海默專注於技術和人工智能的發展,以及減碳經濟的努力,以及這些可能如何影響金融市場的回報和機會。

對於經濟和金融歷史的學生以及投資者來說,這是一個無價的資源,《任何快樂的回報》是任何尋求對未來市場狀況和回報有深入了解的人必讀之作。

作者簡介

PETER C. OPPENHEIMER has nearly 40 years of experience working as a macro research analyst. He is Chief Global Equity Strategist and Head of Macro Research in Europe within Global Investment Research at Goldman Sachs. Prior to working at Goldman Sachs, he worked as chief investment strategist at HSBC and in a variety of other research roles at James Capel, Hambros Bank and Greenwells, where he started his career in 1985. Peter is a trustee at both the Development Committee for the National Institute of Economic & Social Research and The Anna Freud National Centre for Children and Families. He enjoys cycling and painting.

作者簡介(中文翻譯)

PETER C. OPPENHEIMER擁有近40年的宏觀研究分析經驗。他是高盛集團全球投資研究部門歐洲區首席全球股票策略師和宏觀研究負責人。在加入高盛之前,他曾擔任匯豐銀行的首席投資策略師,並在James Capel、Hambros Bank和Greenwells等機構擔任多個研究職位,他於1985年開始了他的職業生涯。Peter同時也是國家經濟與社會研究所發展委員會和安娜·佛洛伊德國家兒童與家庭中心的受託人。他喜歡騎自行車和繪畫。