World Event Trading: How to Analyze and Profit from Today's Headlines

by Andrew E. Busch

In an age of twenty-four-hour news coverage and cutting-edge technology, world events dominate our lives and impact the financial markets. From hurricanes to the war in Iraq, we exist in a crazy, connect-the-dot planet. However, the well-prepared investor can turn these events into profits. All they need is the ability to recognize the consistent characteristics of these events and the vision to build a strategy or portfolio that can take advantage of these situations when they begin to unfold. As a foreign exchange strategist with over twenty years of financial experience, author Andrew Busch knows what it takes to make it in today&;s dynamic market. And now, with World Event Trading, he wants to show you how. Filled with in-depth insights and expert advice, this practical guide examines three categories of world events&;infectious diseases, natural disasters, and politics&;and provides hands-on strategies for trading profitably on each. Using actual examples of the war in Iraq, Hurricane Katrina, and other recent "page one stories," Busch shows you how to understand all-important market moods and anticipate profitable trades. He also reveals little-known details on legendary event-driven trading successes, illustrating how any trader can repeat them in different market environments. Andrew Busch is the Global FX Market Strategist for BMO Financial Group&;s Investment Banking Division in Chicago. He is a recognized expert on the world financial markets and how these markets are impacted by political events. Busch&;s views appear in his daily newsletter, the Busch Update,  which reaches 5,000 investors and financial professionals. He also writes a weekly column that appears on The Globe and Mail Web site on Fridays and in print on Mondays (circulation 40,000). Busch makes weekly appearances on CNBC&;s Closing Bell with Maria Bartiromo and is frequently quoted by the Wall Street Journal as well as other news services. He graduated Phi Beta Kappa with a BA in economics from Ohio Wesleyan University and received an MBA from the University of Chicago.

244 pages, Hardcover

First published January 1, 2007

Reviews

[Sean · Rating 4 out of 5]

Its a tool to use WITH your strategies or to help guide yourself to creating one around news. A great read, something I'll keep close.