Age of Transformation - 9781119077787

A financial playbook for scoring against the rising dollar

Sea Change plots the near future of the world's economy, and describes how you can position yourself to win. Bestselling author John Mauldin examines the rising dollar in the context of the global economy, and argues that we are in the early stages of a currency valuation sea change that is set to bring about a major bond bull market that almost no one is expecting. The discussion entails quantitative easing, zero interest rate policies, money printing, financial repression, rising inflation, and currency wars, and offers valuable insight into how you can protect your wealth during this next crucial phase—so you'll be prepared and able to take advantage of the coming markets when it will be anchors aweigh.

We are used to 40-50% moves in the stock market and other commodity prices happening in just a few years, with large movements in major trading currencies typically taking many years to develop. But what if we are at the beginning of another 10-year bull market in the dollar? Is it unthinkable that the value of the dollar could rise back to 120 on the index in a decade? This book expands upon this premise with analysis and examples, and gives you strategic advice for keeping your money secure.

• Learn how the rising dollar affects oil prices, energy prices, and the Federal Reserve
• Consider how emerging markets impact the global financial climate
• Keep your capital intact as the dollar continues to rise
• Plan to take advantage of the coming secular bull market

There is a crisis brewing, and most of the world's hedge funds and investors are on the wrong side of the dollar.Sea Change shows you what's coming, where you need to be, and how to win when the interest rates start falling.