Unlocking the Secrets of Wall Street: A Noted Expert Guides You Through Today's Financial Markets

by Robert H. Parks

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• Format: Paperback
• Language: English
• ISBN: 1573922315
• ISBN13: 9781573922319
• Release Date: August 1998
• Publisher: Prometheus Books
• Length: 490 Pages
• Weight: 1.45 lbs.
• Dimensions: 1.2" x 6.0" x 9.0"

Customer Reviews

Great book for the novice and seasoned student of finance!

As a student of Dr. Parks at Pace University, Lubin School of Business, this book has changed the way I view and analyze various financial topics. This books covers many current,complex,controversial and critical issues and examines the reasons and theories behind them as well as disproving many commonly held beliefs. Topics include: 1.The Gold Standard. 2. Passing an Amendment to have a balanced budget every year. (Why we don't need it!) 3. The fallacy with regards to the "Double Tax" on Corporate Shareholders and the "Double Tax Shield". 4. Reasons behind our nine post WWII recessions. 5. Linking Monetary policy with Fiscal Policy and its importance. 6.Discussing Supply side economics. 7. Explaining the MM Dividend Irrelevancy Theorm,(Why investing in a company that pays dividends or re-invests earnings will eventually result in equal gains.) 8.In-depth examination of our (US) economic history and the reasons why we've had booms and busts. etc.. This book covers a wide array of financial topics and explains difficult concepts in an easy to understand manner. Dr. Parks also examines the "herd" mentality on Wall Street and exposes the "parrots" and "hucksters" that work on the street. Essential reading for students of finance and anybody interested in broadening their financial knowledge.