How to Listen When Markets Speak

How to Listen When Markets Speak

Risks, Myths and Investment Opportunities in a Radically Reshaped Economy

Summary

Brought to you by Penguin.

A New York Times bestselling author and leading expert on market risk outlines new rules of investing for the forward-thinking.


From Wall Street to Downing Street, the fantasy of an eventual 'return to normal' is still alive and well, nurtured by dangerously outdated theories.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. And few are prepared.

Lawrence McDonald 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. Now, he unveils the predictive model he developed in the aftermath, outlining actionable trading ideas for a radically reshaped economy. Readers will discover:

  • Why inflation will stay near 3-5% for the next decade
  • Why oil prices will remain at historic highs for the foreseeable future
  • Why hard assets and rare minerals like lithium and cobalt will outperform growth stocks and passive investment strategies
  • Why America will likely lose its position as a global superpower and holder of the world's premier reserve currency

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 pounce on a new investing playbook.

©2024 James Robinson & Lawrence McDonald (P)2024 Penguin Audio

Reviews

  • As soon as I finished How to Listen When Markets Speak, I took a long, hard look at my portfolio. Any investor with skin in the game needs to buy this book.
    Niall Ferguson, Harvard historian and author of The Ascent of Money and Doom

About the authors

Lawrence McDonald

Lawrence McDonald is risk consultant to hedge funds, family offices, asset managers and investors across twenty-three countries. One of Wall Street’s most respected financial experts, McDonald has made more than 1,400 media appearances. Previously, he was a vice president of distressed debt and convertible securities trading at Lehman Brothers.
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James Robinson

James Robinson is a co-founder of The Bear Traps Report and the CEO of Robinson Speakers Bureau.
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