{"product_id":"9781118659700","title":"Bonds Are Not Forever: The Crisis Facing Fixed Income Investors","description":"\u003cb\u003eAn up-close look at the fixed income market and what lies ahead\u003c\/b\u003e \u003cp\u003eInterweaving compelling, and often amusing, anecdotes from author Simon Lack's distinguished thirty-year career as a professional investor with hard economic data, this engaging book skillfully reveals why \u003ci\u003eBonds Are Not Forever\u003c\/i\u003e. Along the way, it provides investors with a coherent framework for understanding the future of the fixed income markets and, more importantly, answering the question, \"Where should I invest tomorrow?\"\u003c\/p\u003e \u003cp\u003e\u003ci\u003eBonds Are Not Forever\u003c\/i\u003e chronicles the steady decline in interest rates from their peak in the 1980s and the concurrent drop in inflation during that period. Lack explains how those two factors spurred a dramatic growth in borrowing among both governments and individuals. Along the way, Lack describes how a financial industry meant to provide capital needed to drive productivity and economic growth became disconnected from Main Street and explores the grave economic, social, and political consequences of that disconnect.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eProvides practical solutions for avoiding the risk of falling bond markets and guaranteed negative real returns on savings\u003c\/li\u003e \u003cli\u003eExplains how the bursting of the real estate bubble in 2007–2008 led to massive borrowing by governments as they attempted to offset a sharp fall in economic activity\u003c\/li\u003e \u003cli\u003eDetails how the trends of exploding debt and a financial sector that has grown much bigger than it needs to be have dramatically changed the game for savers\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eOffering a uniquely intimate, yet analytically thorough look at the coming fixed income crisis, \u003ci\u003eBonds Are Not Forever\u003c\/i\u003e is must reading for investment professionals, as well as retail investors and their advisors.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47130355106032,"sku":"9781118659700","price":40.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781118659700_p0.jpg?v=1763695072","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781118659700","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}