{"title":"Nicholas P Sargen","description":null,"products":[{"product_id":"investing-in-the-trump-era-book-nicholas-p-sargen-9783319760445","title":"Investing in the Trump Era","description":"In the wake of the 2016 U.S. presidential election, investors and the electorate alike are seeking clarity on a wide range of macro policy issues that will impact the economy and markets in the years ahead. The primary goal of this book is to provide an objective source for investors to learn about economic policy issues that surfaced. Topics include long-term growth, the federal budget deficit, healthcare reform, tax reform, regulatory policies affecting the financial system and environment, the nexus of monetary, exchange rate and trade policies, and globalization.  The book explains how these issues have evolved, considers arguments from both sides of the political divide, and draws upon evidence from studies by experts in the respective areas.  A related goal is to assess the likely impact of economic policies on financial markets.  While the presidential election was close, the markets’ response was decisive:  U.S. and global equity markets went on a tear as consumer and business confidence soared.  This surprised many investors who believed a Trump victory would be bad for financial markets.  It also caused many to question whether expectations embedded in markets were too optimistic. Sargen’s assessment is presented in the opening and concluding chapters.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49650440143121,"sku":"GOR012761602","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ GARDNERS","offer_id":49738027925777,"sku":"NGR9783319760445","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/3319760440.jpg?v=1751382673"},{"product_id":"global-shocks-book-nicholas-p-sargen-9783319822679","title":"Global Shocks","description":"Each chapter discusses how the respective crisis or bubble unfolded at the time, the way policymakers and markets responded, and the optimal strategy for positioning portfolios.    The goal is to share these experiences and the lessons from them, so investors will be better prepared for future shocks.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52536411062545,"sku":"NLS9783319822679","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52761259639057,"sku":"NIN9783319822679","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783319822679.jpg?v=1760674153"},{"product_id":"jpmorgans-fall-and-revival-book-nicholas-p-sargen-9783030470609","title":"JPMorgan’s Fall and Revival","description":"This book tells the untold story of how JPMorgan became a universal bank in the 1980s-1990s and the events leading to it being acquired by Chase in 2000. It depicts the challenges Morgan’s leaders – Lew Preston and Dennis Weatherstone – confronted when the firm’s business model was disrupted by the developing country debt crisis and premier corporate borrowers increasingly accessing capital markets, up to its current management with Jamie Dimon. It depicts what happened to Morgan in the larger story of U.S. banking consolidation.  As Morgan sought to re-enter the world of securities and navigate around Glass-Steagall barriers, their overriding goal was to ensure it would remain a pre-eminent wholesale bank serving multinational corporations.  Opportunities to grow through acquisition were presented and considered, including purchasing a stake in Citibank in the early 1990s.  However, Preston and Weatherstone were reluctant to integrate areas unfamiliar to Morgan such as retail banking or to assimilate cultures that were disparate from the firm’s.  This first-hand account explores whether Morgan could have stayed independent had its leaders pursued the strategic plan that called for it to make targeted acquisitions in areas where it had well-established businesses. Instead, in the mid-1990s, it went from being the hunter to the hunted.  Rival banks that had been burdened by bad loans to developing countries and commercial real estate capitalized on rising share prices during the tech boom to acquire other institutions.  Meanwhile, Morgan’s profits and share price lagged, which left it vulnerable.  During this time, all of the leading financial institutions struggled to change their business models.  In the end, no U.S. money center bank was able to become a universal bank on its own.  What ensued was a growing concentration of financial assets in a handful of institutions that was the precursor to the 2008 financial crisis, which is explored further using Morgan as a lens, in a book that is sure to interest banking and Wall Street professionals and business readers alike.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52594452660497,"sku":"NLS9783030470609","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783030470609.jpg?v=1761069404"},{"product_id":"global-shocks-book-nicholas-p-sargen-9783032131119","title":"Global Shocks","description":"Markets are unpredictable, but your strategy doesn’t have to be. This revised and expanded edition of Global Shocks equips individual investors with a practical framework for navigating financial crises and market shocks. Written from a practitioner’s perspective, it offers clear guidance and real-world insights to help you protect and grow your portfolio when volatility strikes.   Through 12 compelling case studies—from the collapse of Bretton Woods to the COVID pandemic and recent trade tensions—you’ll learn how crises unfold, how policymakers respond, and how investors can position for resilience and opportunity. Explore patterns in interest and exchange rates, understand the difference between currency crises and asset bubbles, and discover strategies to limit losses and capitalize on recovery.   Timely lessons. Actionable strategies. A must-read for anyone investing in uncertain times.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":53265067606289,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":53265068130577,"sku":"NGR9783032131119","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783032131119.jpg?v=1776334193"}],"url":"https:\/\/www.worldofbooks.com\/en-gb\/collections\/author-books-by-nicholas-p-sargen.oembed","provider":"World of Books ","version":"1.0","type":"link"}