How to Listen When Markets Speak : Risks, Myths, and Investment Opportunities in a Radically Reshaped Economy

**A __New York Times__ bestselling author and leading expert on market risk argues that seismic shifts in the global economy will trigger a multi-trillion-dollar migration of wealth, outlining new rules of investing for the forward-thinking.****“I can’t tell you how much I learned from __How to Listen When Markets Speak__. The historical perspectives and insights are something every investor needs to know. Buy this book.”—Mark Cuban** From Wall Street to the White House, the fantasy of an eventual “return to normal” is still alive and well, nurtured by dangerously outdated theories. But the economic world as we know it—and the rules that govern it—are over. In the coming decade, we’ll witness sustained inflation, a series of sovereign and corporate debt crises, and a thundering of capital out of financial assets into hard... A New York Times bestselling author and leading expert on market risk argues that seismic shifts in the global economy will trigger a multi-trillion-dollar migration of wealth, outlining new rules of investing for the forward-thinking. “I can’t tell you how much I learned from How to Listen When Markets Speak . The historical perspectives and insights are something every investor needs to know. Buy this book.”—Mark Cuban From Wall Street to the White House, the fantasy of an eventual “return to normal” is still alive and well, nurtured by dangerously outdated theories. But the economic world as we know it—and the rules that govern it—are over. In the coming decade, we’ll witness sustained inflation, a series of sovereign and corporate debt crises, and a thundering of capital out of financial assets into hard assets. Few are prepared. Lawrence G. McDonald, founder of the economic research platform The Bear Traps Report, got a real-world education in market risk when, as a Lehman Brothers VP, he watched the firm ignore flashing warning signs before its collapse. His analysis led him to identify twenty-one indicators for gauging the health of an economy and detecting early signals of opportunity and danger. In How to Listen When Markets Speak , McDonald unveils his unique predictive models, connecting surprising dots between past, present, and future and outlining actionable trading ideas for staying a beat ahead of the markets. Readers will learn: • How disastrous Fed policy will collide with an increasingly fragmented geopolitical landscape to keep U.S. inflation near 3-5% for the next decade • How growing demand for oil and gas, underinvestment in urgently needed energy infrastructure, and cozy Russia–Saudi Arabia relations will lift the base price of energy to historic levels • Why hard assets and rare minerals like lithium and cobalt will outperform growth stocks, U.S. treasuries, and overcrowded passive investment strategies—how to detect bearish and bullish trends in advance • How passive investing and the vehicles intended to democratize finance have fueled bubbles and ideological skew by large market participants, leaving millions of 401(k)s and IRAs at risk • Why America will likely lose its position as a global superpower and holder of the world’s premier reserve currency, and may be forced to slash Social Security, Medicare, and military spending Rather than merely doomsaying, How to Listen When Markets Speak equips readers to make sense of our current moment, resist reactionary narratives and baseless analysis, and preserve their wealth in turbulent times. When markets speak, it pays to listen. A New York Times bestselling author and leading expert on market risk argues that seismic shifts in the global economy will trigger a multi-trillion-dollar migration of wealth, tracing the fateful decisions that created this crisisand outlines new rules of investing for the forward-thinking. From Wall Street to the White House, the fantasy of an eventual return to normal is still alive and well. But an unprecedented era of easy moneynurtured by disastrous policy decisions and artificial disinflationary forcesis coming to a screeching halt. Were about to witness a new era defined by sustained inflation, a series of sovereign and corporate debt crises, and a historic multitrillion-dollar migration of wealth. Few are prepared. Lawrence G. McDonald, founder of the economic research platform The Bear Traps Report , got a real-world education in market risk when, as a Lehman Brothers VP, he watched the firm ignore flashing warning signs before its collapse. His analysis formed the basis of his explosive expos A Colossal Failure of Common Sense and ultimately led him to identify twenty-one indicators for gauging the health of an economy and detecting early signals of opportunity and danger. In How to Listen When Markets Speak , McDonald not only traces the fateful events that led to our current crisis but also unveils his unique predictive models, outlining counterintuitive investing strategies for the years ahead. Readers will learn how the growing demand for oil, coal, precious metals, and rare minerals; underinvestment in urgently needed energy infrastructure; and cozy RussiaSaudi Arabia relations will trigger the next bull market for commodities why America will likely weaken its position as holder of the worlds premier reserve currency, and how that should affect your portfolio why hard assets and value stocks will outperform growth stocks, U.S. Treasuries, and overcrowded passive investment strategies Rather than merely doomsaying, McDonald equips readers to resist reactionary narratives, stay a beat ahead of the crowds, and preserve their wealth in turbulent times. When markets speak, it pays to listen.