By Mohamed A. El-Erian;
简介：
When Markets Collideis a timely alert to the fundamental changes taking place in today'sglobal economic and financial systems--and a call to action forinvestors who may fall victim to misinterpreting important signals.While some have tended to view asset class mispricings as mere “noise,”this compelling book shows why they are important signals ofopportunities and risks that will shape the market for years to come.One of today's most respected names in finance, Mohamed El-Erian putsrecent events in their proper context, giving you the tools that canhelp you interpret the markets, benefit from global economic change,and navigate the risks.
　　 The world economy is in the midst of aseries of hand-offs. Global growth is now being heavily influenced bynations that previously had little or no systemic influence. Formerdebtor nations are building unforeseen wealth and, thus, enjoyingunprecedented influence and facing unusual challenges. And newderivative products have changed the behavior of many market segmentsand players. Yet, despite all these changes, the system'sinfrastructure is yet to be upgraded to reflect the realities oftoday's and tomorrow's world. El-Erian investigates the underlyingdrivers of global change to shed light on how you should:
　　    Think about the new opportunities and risks
　　    Construct an appropriately diversified and internationalized portfolio
　　    Protect your portfolio against new sources of systemic risk
　　    Best think about the impact of central banks and financial policies around the world
　　 Offering up predictions of future developments, El-Erian directs hisfocus to help you capitalize on the new financial landscape, whilelimiting exposure to new risk configurations.
　　 When MarketsCollide is a unique collection of books for investors and policy makersaround the world. In addition to providing a thorough analysis andclear perspective of recent events, it lays down a detailed map fornavigating your way through an otherwise perplexing new economiclandscape.