{"product_id":"global-macro-trading-profiting-in-a-new-world-economy-hardback-9781118362426","title":"Global Macro Trading; Profiting in a New World Economy (Hardback) 9781118362426","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eGlobal Macro Trading\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eProfiting in a New World Economy\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eGreg Gliner (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781118362426, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 18 July 2014\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e368 pages\u003cbr\u003e23.1 x 16 x 3.8 cm, 0.567 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eBrings global macro trading down to earth for individual and professional traders, investors and asset managers, as well being a useful reference handbook\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eGlobal Macro Trading\u003c\/i\u003e is an indispensable guide for traders and investors who want to trade Global Macro – it provides Trading Strategies and overviews of the four asset classes in Global Macro which include equities, currencies, fixed income and commodities. Greg Gliner, who has worked for some of the largest global macro hedge funds, shares ways in which an array of global macro participants seek to capitalize on this strategy, while also serving as a useful reference tool. Whether you are a retail investor, manage your own portfolio, or a finance professional, this book equips you with the knowledge and skills you need to capitalize in global macro.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eProvides a comprehensive overview of global macro trading, which consists of portfolio construction, risk management, biases and essentials to query building\u003c\/li\u003e \u003cli\u003eEquips the reader with introductions and tools for each of the four asset classes; equities, currencies, fixed income and commodities\u003c\/li\u003e \u003cli\u003eArms you with a range of powerful global-macro trading and investing strategies, that include introductions to discretionary and systematic macro\u003c\/li\u003e \u003cli\u003eIntroduces the role of central banking, importance of global macroeconomic data releases and demographics, as they relate to global macro trading\u003c\/li\u003e \u003c\/ul\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One: An Overview Of Global Macro\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 \u003c\/b\u003e\u003cb\u003eSurveying the Global Macro Landscape 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTypes of Global Macro Strategies 3\u003c\/p\u003e \u003cp\u003eReturn Profile and Allocations 6\u003c\/p\u003e \u003cp\u003eHedge Funds and Global Macro 7\u003c\/p\u003e \u003cp\u003eSummary 10\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 \u003c\/b\u003e\u003cb\u003eTrading Process, Sizing Trades, and Monitoring \u003c\/b\u003e\u003cb\u003ePerformance 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMaintaining a Stringent Process 12\u003c\/p\u003e \u003cp\u003eObjectivity and Bias 12\u003c\/p\u003e \u003cp\u003eTaking Losses 15\u003c\/p\u003e \u003cp\u003ePosition Sizing 16\u003c\/p\u003e \u003cp\u003eUnit Size 17\u003c\/p\u003e \u003cp\u003eVolatility Adjusting Position Size 17\u003c\/p\u003e \u003cp\u003eRisk\/Reward 18\u003c\/p\u003e \u003cp\u003eCorrelation 19\u003c\/p\u003e \u003cp\u003eGap Risk 20\u003c\/p\u003e \u003cp\u003ePosition Sizing Sheet 21\u003c\/p\u003e \u003cp\u003eThematic Trade 21\u003c\/p\u003e \u003cp\u003eSharpe Ratio 22\u003c\/p\u003e \u003cp\u003eSortino Ratio 23\u003c\/p\u003e \u003cp\u003eDrawdowns 23\u003c\/p\u003e \u003cp\u003eValue at Risk (VaR) 23\u003c\/p\u003e \u003cp\u003eRisk Utilization 24\u003c\/p\u003e \u003cp\u003eStress-Testing 26\u003c\/p\u003e \u003cp\u003eMonitoring Performance 27\u003c\/p\u003e \u003cp\u003eTrend Analysis 29\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 31\u003c\/p\u003e \u003cp\u003eSummary 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 \u003c\/b\u003e\u003cb\u003eBack-Tests, Queries, and Analogs 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSimple Back-Tests and Queries 33\u003c\/p\u003e \u003cp\u003eAn Example of Building a Query 34\u003c\/p\u003e \u003cp\u003eHistorical Correlations and Analogs 40\u003c\/p\u003e \u003cp\u003eSummary 43\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 \u003c\/b\u003e\u003cb\u003eThe Building Blocks of Global Macro Trading:The Importance of Equities, Fixed Income, Foreign \u003c\/b\u003e\u003cb\u003eExchange, and Commodities in Global Macro 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Four Product Groups 45\u003c\/p\u003e \u003cp\u003eAssessing the Relationships between Assets 50\u003c\/p\u003e \u003cp\u003eSummary 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 \u003c\/b\u003e\u003cb\u003eTechnical Analysis 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStrengths and Weaknesses of Technical Analysis 55\u003c\/p\u003e \u003cp\u003eTypes of Charts 56\u003c\/p\u003e \u003cp\u003eVolume and Open Interest 63\u003c\/p\u003e \u003cp\u003eCFTC Positioning 64\u003c\/p\u003e \u003cp\u003eTrend 66\u003c\/p\u003e \u003cp\u003eMoving Averages 66\u003c\/p\u003e \u003cp\u003eBollinger Bands 67\u003c\/p\u003e \u003cp\u003eReversal Patterns 67\u003c\/p\u003e \u003cp\u003eHead and Shoulders 68\u003c\/p\u003e \u003cp\u003eTrend Lines 69\u003c\/p\u003e \u003cp\u003eTriple Tops and Bottoms 69\u003c\/p\u003e \u003cp\u003eContinuation Patterns 70\u003c\/p\u003e \u003cp\u003eTriangles 70\u003c\/p\u003e \u003cp\u003eOscillators 71\u003c\/p\u003e \u003cp\u003eElliott Wave Theory 74\u003c\/p\u003e \u003cp\u003eParabolics 80\u003c\/p\u003e \u003cp\u003eSeasonals 82\u003c\/p\u003e \u003cp\u003eCycles 83\u003c\/p\u003e \u003cp\u003eCrowd Psychology and Contrarian Views 84\u003c\/p\u003e \u003cp\u003eChartered Market Technician (CMT) 87\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 88\u003c\/p\u003e \u003cp\u003eSummary 89\u003c\/p\u003e \u003cp\u003e\u003ci\u003eContents \u003c\/i\u003eix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 \u003c\/b\u003e\u003cb\u003eSystematic Trading 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Brief Definition of Systematic Trading 91\u003c\/p\u003e \u003cp\u003eFramework for Constructing a Systematic Model 92\u003c\/p\u003e \u003cp\u003eAssets or Product Groups 92\u003c\/p\u003e \u003cp\u003eStrategies 93\u003c\/p\u003e \u003cp\u003eFactors 97\u003c\/p\u003e \u003cp\u003eRisk Factors 98\u003c\/p\u003e \u003cp\u003eRisk Premia 99\u003c\/p\u003e \u003cp\u003eRisk Parity 100\u003c\/p\u003e \u003cp\u003eSummary 103\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two: Global Macro Trading Foundation\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 \u003c\/b\u003e\u003cb\u003eForeign Exchange in Global Macro 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Role of the U.S. Dollar 107\u003c\/p\u003e \u003cp\u003eTrading Currencies 109\u003c\/p\u003e \u003cp\u003eCurrency Regimes 111\u003c\/p\u003e \u003cp\u003eValuation Techniques for Foreign Exchange 120\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 134\u003c\/p\u003e \u003cp\u003eSummary 135\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 \u003c\/b\u003e\u003cb\u003eEquities 137\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEquity Indices Overview 137\u003c\/p\u003e \u003cp\u003eEquity Derivatives 140\u003c\/p\u003e \u003cp\u003eValuation Techniques for Equities 149\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 159\u003c\/p\u003e \u003cp\u003eSummary 161\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 \u003c\/b\u003e\u003cb\u003eFixed Income 163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFunding\/Money Markets 163\u003c\/p\u003e \u003cp\u003eLondon Interbank Offered Rate (LIBOR) 170\u003c\/p\u003e \u003cp\u003eInterest Rate Swaps 172\u003c\/p\u003e \u003cp\u003eFederal (Fed) Funds 172\u003c\/p\u003e \u003cp\u003eOvernight Indexed Swaps (OIS) 173\u003c\/p\u003e \u003cp\u003eForward Rate Agreements (FRAs) 176\u003c\/p\u003e \u003cp\u003eU.S. Fixed Income Futures 177\u003c\/p\u003e \u003cp\u003eSovereign Credit 180\u003c\/p\u003e \u003cp\u003eSovereign Curve 181\u003c\/p\u003e \u003cp\u003eCurve Inversion 181\u003c\/p\u003e \u003cp\u003eCredit Default Swaps (CDS) 182\u003c\/p\u003e \u003cp\u003eExchange Traded Funds (ETFs) 187\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 188\u003c\/p\u003e \u003cp\u003eSummary 194\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 \u003c\/b\u003e\u003cb\u003eCommodities 195\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSupply Drivers 196\u003c\/p\u003e \u003cp\u003eDemand Drivers 197\u003c\/p\u003e \u003cp\u003eEnding Stock 198\u003c\/p\u003e \u003cp\u003eContango and Backwardation 198\u003c\/p\u003e \u003cp\u003eCRB Index 200\u003c\/p\u003e \u003cp\u003eReturn and Volatility 200\u003c\/p\u003e \u003cp\u003eEnergy 201\u003c\/p\u003e \u003cp\u003eNatural Gas 219\u003c\/p\u003e \u003cp\u003ePrecious Metals 223\u003c\/p\u003e \u003cp\u003eIndustrial Metals 231\u003c\/p\u003e \u003cp\u003eAgriculture 237\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 264\u003c\/p\u003e \u003cp\u003eSummary 267\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 \u003c\/b\u003e\u003cb\u003eThe Role of Central Banks in Global Macro 269\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMonetary Policy Goals 269\u003c\/p\u003e \u003cp\u003eTools Used by Central Banks 271\u003c\/p\u003e \u003cp\u003eThe Impossible Trinity 275\u003c\/p\u003e \u003cp\u003eMonetary Base 276\u003c\/p\u003e \u003cp\u003eMoney Supply 276\u003c\/p\u003e \u003cp\u003eReserves 277\u003c\/p\u003e \u003cp\u003eZero Lower Bound and the Liquidity Trap 279\u003c\/p\u003e \u003cp\u003eQuantitative Easing 279\u003c\/p\u003e \u003cp\u003eInterpreting Central Bank Communication 282\u003c\/p\u003e \u003cp\u003eCentral Banks 286\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 310\u003c\/p\u003e \u003cp\u003eSummary 311\u003c\/p\u003e \u003cp\u003eAppendix: Fed Programs during the Financial Crisis 311\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 \u003c\/b\u003e\u003cb\u003eEconomic Data Releases and Demographics 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMeasuring Growth 315\u003c\/p\u003e \u003cp\u003eInflation 316\u003c\/p\u003e \u003cp\u003eEmployment and Population 317\u003c\/p\u003e \u003cp\u003eBalance of Payments 320\u003c\/p\u003e \u003cp\u003eGovernment Indicators 323\u003c\/p\u003e \u003cp\u003eConsumption Indicators 325\u003c\/p\u003e \u003cp\u003eIndustry and Services Indicators 326\u003c\/p\u003e \u003cp\u003eDemographics 329\u003c\/p\u003e \u003cp\u003eBloomberg Shortcuts 333\u003c\/p\u003e \u003cp\u003eSummary 334 \u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Bloomberg Press","offers":[{"title":"Brand New","offer_id":52164920017176,"sku":"9781118362426","price":40.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781118362426_264092.jpg?v=1781081472","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/global-macro-trading-profiting-in-a-new-world-economy-hardback-9781118362426","provider":"Freshly Printed Books","version":"1.0","type":"link"}