"As someone who views the investment glass half empty, I would normally treat a forecasted price target for the Dow Jones Industrial of 38,820 as hyperbolic and outlandish. That is, unless the forecaster is Jeff Hirsch! Jeff is ''bred in the purple'' and has royalty in his investment blood as his legendary dad, Yale Hirsch, was the dean of all technical analysts (and was the first of his kind to accurately predict the roaring Bull Market of 1974-1990). More importantly, Jeff''s rationale for another super boom is well articulated in his own unique set of facts, figures and dissection of history. To every serious investor I say, Read Super Boom or Perish!" -- Douglas A. Kass, President, Seabreeze Partners Management Inc. "Jeff Hirsch delivers a 500% effort in Super Boom. Unless you''re closed minded or comatose there is a lot, lot more here than any investment reader can normally hope for. The visuals and data alone are worth many times the price." --Ken Fisher, Founder and CEO, Fisher Investments, Forbes "Portfolio Strategy" Columnist, 5-time New York Times bestselling author "Super Boom reminds the reader of the power of compounding. DJIA 38,820 by 2025 might sound like an outrageous level, but the implied sub-9% compound annual growth rate (following a decade of decline) makes the target appear more attainable. Within these pages, Jeff demonstrates that he has learned a lot from his father and has inherited the reputation as a renowned and respected market historian." -- Sam Stovall, Chief Investment Strategist, Standard & Poor''s Equity Research "As a kid I taught Jeff how to catch big rainbow trout in Montana. In Super Boom, he''s returned the favor by showing us how to catch a monster stock market move. A must-read book." --Larry Williams, trader

Hersteller:
Wiley-VCH GmbH
product_safety@wiley.com
Boschstr. 12
DE 69469 Weinheim

InhaltsangabeIn 1976, Yale Hirsch predicted a fifteen-year super boom-a move in the stock market of 500% or more. His forecast proved accurate as the market rose and continued upward, eventually posting growth over 1,000% just before the tech crash in 2000. History has a way of repeating itself, especially in the financial markets. The American economy, and subsequently the world economy, has always existed in a cycle of boom and bust: gold, grain, oil, technology, and most recently, real estate, have all bubbled and popped. The key to investing profitably is spotting macroeconomic historical trends and positioning to reap the benefits. In Super Boom, Jeffrey Hirsch, President of the Hirsch Organization and Editor in Chief of the Stock Trader's Almanac, unveils the next market expansion. Building on his father's research from 1976, Hirsch has discovered that meteoric rises in stock indices are due to specific catalysts predominantly outside of the financial markets. Step-by-step, Hirsch puts together the pieces of this puzzle by revealing the central drivers of a super boom, namely: * Inflationwhile it may be at bay for the time being, the massive injection of money by the government, in response to the global financial crisis and the Great Recession, as well as wartime spending, will eventually create an inflationary environment * Peace between major wars-despite continuing violence in Iraq and Afghanistan, U.S. troop withdrawals remain on schedule, and military presence in these countries will be winding down over the next several years * New enabling technologies-while no one can say for sure where the next cultural paradigm-shifting technologies will come from, energy technology and/or biotechnology could lead the way As markets and economies struggle over the next several years, remember to keep your eye on the future and get ready for the coming super boom and the next 500% move in the market. With this book as your guide, you'll benefit from the insights that only Jeffrey Hirsch can provide and be in the best position possible to prosper from the profitable opportunities that lie ahead.

Leseprobe

Foreword. Acknowledgments. PART I: Anatomy of a Super Boom. CHAPTER 1 The Boom Equation. The math behind the move. CHAPTER 2 A Strangled Economy. From slump to powerhouse. PART II: The Fortune Tellers. CHAPTER 3 The History of Ignorance and the Ignorance of History. Dow 36,000 and the dangers of erroneous assumptions. CHAPTER 4 An Argument against Financial Calamity. The best case for and against all hell breaking loose. CHAPTER 5 Yale Hirsch and the 500 Percent Move. Discovering the boom pattern. PART III: Booms and Busts of the Twentieth Century. CHAPTER 6 Panics, World War I, and the Roaring Twenties. From the Rich Man''s Panic to the first recorded super boom. CHAPTER 7 Depression, World War II, and the Baby Boom. The greatest generation births a boom. CHAPTER 8 Vietnam, Stagflation, and the Information Revolution. The greatest boom ever: bigger, faster, longer, higher. PART IV: The Prodigal Pattern Returns. CHAPTER 9 Inflation. The history and impact of the Consumer Price Index. CHAPTER 10 Investment Ideas and Strategies. How to profit now and during a super boom. APPENDIX A Yale Hirsch''s 1977 Stock Picks. APPENDIX B 1977 Smart Money Newsletter Reprinted. Key Terms. About the Author. Index.