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by Brian S. Wesbury (Author), Amity Shlaes (Foreword by)
An upbeat antidote to the gloom and doom forecasts of the financial future
Just about everyone is worried about the economy and markets. And the fear is that they will stay down for a long time. But a few brave voices say that the gloom and doom forecasts are just too pessimistic. Reality is that entrepreneurs don't give up. History is pretty clear, every time the economy is thought to be done, worn out, finished, it bounces back and heads to new highs. In fact, the economy and the markets-counter to conventional wisdom-have started to improve in the first half of 2009. Even housing is showing some signs of life.
With It's Not as Bad as You Think, Brian Wesbury, ranked as one of the top economic forecasters by the Wall Street Journal and USA Today, shows you that while the financial future may be hard to predict, it will ultimately be profitable over the long haul. In this easy-to-follow and engaging forecast of the future, Wesbury takes a look at the good, the bad, and the ugly-and debunks the pouting pundits of pessimism to show you how to prosper now and in the future.
A breath of fresh air, Wesbury's objectivity and optimism provide welcome relief to the daily bad news stories, as he sets us all up to capitalize on tomorrow's great possibilities.
EVEN WITH THE ECONOMY feeling a little bit better, there is a real fear that markets will stay down and things won't ever get back to normal. But a few brave voices say that this attitude is just too pessimistic.
Capitalism has not failed. And it's not time to just give up--on free markets or a better tomorrow. History shows that every time the economy was thought to be done, worn out, finished, it bounced back. The economy is not as fragile as the pessimists think. In fact, things are already improving. Even housing is showing signs of life.
With It's Not as Bad as You Think, Brian Wesbury, ranked as one of the top economic forecasters by the Wall Street Journal and USA Today, shows you that the future is much brighter than you think. A great confluence of negativity and government mistakes dragged attitudes and the economy down, but this won't last. With this easy-to-follow analysis of tomorrow and guide through yesterday, Wesbury debunks the pouting pundits of pessimism to show you how to prosper now and in the future.
Page by page, It's Not as Bad as You Think
A breath of fresh air, Wesbury's objectivity and optimism provide welcome relief to the daily bad news stories. So if you need an antidote to conventional wisdom and are willing to look beyond the events that have already occurred, pick up It's Not as Bad as You Think and discover how you can capitalize on the profitable possibilities of tomorrow.
Reveals the real reasons behind the "Panic of 2008" and why it seems so much more severe than past crises Uncovers a history of entrepreneurship that you should trust Explains how a V-shaped recovery can take place and how wealth you had thought you lost can be found again Calls out the press for being overly negative about capitalism and shows how government policy compounded economic problems in 2008 And much more
BRIAN S. WESBURY is Chief Economist at First Trust Advisors LP, a financial services firm with over $23 billion under management. He writes frequently for the American Spectator magazine, serves as the magazine's Economics Editor, and is often a contributor to the Wall Street Journal editorial page. Wesbury was ranked as the nation's number one forecaster by the Wall Street Journal in 2001, and USA Today ranked him as one of the nation's top ten forecasters in 2004. Wesbury received an MBA from Northwestern University's Kellogg Graduate School of Management and a BA in economics from the University of Montana. His most recent writings can be found at www.ftportfolios.com.
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