Panic, Prosperity, and Progress: Five Centuries of History and the Markets

by Timothy Knight

A detailed guide to financial market performance during financial crises With the financial markets seemingly careening from one crisis to another, it's vital for today's investors and traders to have an historical perspective on market performance during times of great turmoil. In this book, Tim Knight provides an exhaustive analysis of financial market behavior prior, during, and following tumultuous events since 1600.Making copious use of charts and basic technical analysis, Knight demonstrates how external shocks tend to create extreme reactions in the financial markets and how these predictable reactions provide opportunities for investors and traders to profit. Knight traverses five centuries of financial market history, from Tulipmania in the 1600s to the contemporary sovereign debt crisis. He looks at each event from the prism of the financial markets, examining the market climate prior to the event, during the event, and following the event.Draws essential lessons from history providing investors and traders with guidelines to better navigate markets in today's tumultuous times Offers valuable insights on understanding and anticipating market responses to shocks and crises Companion website with a Q&A section contains charts from key moments in past financial crises and asks readers to choose whether to go long, short, or step aside If you're looking for a better way to make it today's dynamic markets, look no further than this timely book.

Genres: Economics, Finance

480 pages, Kindle Edition

First published January 1, 2014

About the author

Based in Los Angeles, Timothy Knight is a nonfiction writer and editor who has written extensively on business, film history, popular culture and sports. He has also written the scripts for several documentaries based on various books from some of America’s top publishers, including The Overlook Press and Triumph Books.

From 2003 to 2007, Timothy served as the primary film critic for the website reel.com. He holds a master's degree in critical studies from the University of Southern California School of Cinematic Arts.

When his face is not buried in a book, Timothy can usually be found writing one of his own. Among the many books he has authored are Great Kisses...and Famous Lines Right Out of the Movies (HarperCollins, 2008), Audrey Hepburn in the Movies (Metro Books, 2009), and Sinatra: Hollywood His Way (Running Press, 2010).

Reviews

[Bridget · Rating 4 out of 5]

I enjoyed this book - if you ever wondered why the global financial markets go up and down then this book will leave you in no doubt. Heaps of historical facts and well written.

[Worakan Vongsopanagul · Rating 5 out of 5]

Vivid storytelling and Informative.

[Alex · Rating 2 out of 5]

Last 2 chapters are worth reading.

Author says it himself. It pays to be long rather than short.

[popcorn · Rating 5 out of 5]

Kept my attention

This book is a great readable and powerful testament to human behavior and the economy. As a financial advisor it gave me great insight into the cycles of the markets.