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The Day the Markets Roared: How a 1982 Forecast Sparked a Global Bull Market
By Kaufman, Henry & David B. Sicilia
- ISBN
- 9781953295088
- Publisher
- BenBella
REVIEWS
Library Journal
Reviewed on May 14, 2021 | Economics
Kaufman (Tectonic Shifts in Financial Markets) was for decades one of the leading economists on Wall Street, but his greatest claim to fame comes from what happened on a single day. In the 1970s, the U.S. economy suffered from high inflation and, unexpected by Keynesian orthodoxy, high unemployment as well. During this period of "stagflation," as it was called, Kaufman built a reputation for pessimistic forecasts...Log In or Sign Up to Read More
