Editorial Review:
Nine economic and social upheavals may rock the financial markets and threaten your personal wealthbut they will also provide opportunities for prepared investors. Are you ready for them? If you're one of the 80 million American investors in the stock market, you probably follow the daily value of your portfolio. But how often do you consider trends beyond the daily or weekly ups and downs of the Dow or NASDAQ? Are you prepared for the shocks and tremors that will shake financial markets everywhere over the coming years? In Market Shock leading global economist Todd G. Buchholz alerts readers to nine trends that threaten to turn America's economy on its head. From the high-flying world of high-tech and Japan's financial resurgence to America's aging population and Europe's gradual unification, Market Shock analyzes major national and global trends, and predicts how each will impact society, the financial markets, and individual investors. For the unprepared, these tremors may bring about financial ruin. But for the savvy investor, these widespread changes offer tremendous opportunities to make money. Among the trends Buchholz identifies are: The new rules for unstable high-tech and bioscience markets The impact of increasing cultural diversity on consumer and labor markets The ramifications of global warming on the economy The aging of America and how it will bankrupt Social Security The resurgence of an angry Japan However, as Buchholz is quick to point out, these trends do not necessarily mean doom, gloom, and a huge stock market crash. Investors who anticipate these trends using this book can not only avoid the coming crises, but can also make money by moving assets to sectors of the economy that stand to benefit from the coming cultural and economic shifts. No boring tome on finance or economics, though, Market Shock is filled with lively "news flash" scenarios, plentiful examples, and helpful advice for many kinds of readers. In clear, articulate, and witty prose, Buchholz draws from his extensive knowledge to discuss issues that will affect investors and consumers over the next ten, twenty, and perhaps even thirty years. This is a highly insightful, impeccably reasoned, and eminently readable bookand one that couldn't be more timely.
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Customer Reviews
Average Customer Rating: 
Buchholz should be on the fed!  2006-01-30
Buchholz is truly an economic prophet, and he brings wit to the table as well. I thought this book, in addition to his previous masterpieces, was a wonderful, informative, helpful, entertaining read. Well done, Buchholz!
Entertaining Light Reading  2000-06-26
The terms "Upheavals" and "Market Shock" should not be used to describe the subject matter in this book since it consists entirely of slow, gradual changes in demographics. These changes are only discussed in the most general of terms. There is not one chart or graph in this book. The lack of a timeline makes it impossible to do any serious financial planning. Most of these changes will not have a major effect on the U.S. economy until after most of us are dead and buried.Unfortunately, the financial advice in this book is very limited, consisting mainly of common sense items, such as, "Learn to broil a trout." The useful information in each chapter can be summed up in one sentence: Chapter 1: Americans are aging. They will need health care and retirement homes. Chapter 2: Science is cool, but make sure that a lot of people will pay for it before investing. Chapter 3: Mutual fund fees are too high. (Also contains the crazy theory that all funds will collapse when people figure out they are not FDIC insured.) Chapter 4: One day, white people will be the minority in America. Chapter 5: The Japanese are getting older, too. Chapter 6: Europe needs Euro-denominated junk bonds. Chapter 7:China has a tough row to hoe. Chapter 8: The crime rate will rise. Chapter 9: There's that global warming thing. I would recommend this book to anyone who enjoys historical trivia. On the one hand, I read every page in this book. On the other hand, I don't expect to ever make a dime off of anything that I learned.
Can you believe, an economics page turner! 1999-11-19
We all see the changes that are taking place around us (such as the graying of America). This book takes those changes and puts them into perspective with actionable information. I kept slapping my forehead and saying, "I know this, why didn't I see where it leads?" Buchholz makes sense out of our everyday observations and puts them into economic context.
Insightful and prophetic told with humor and intelligence 1999-09-17
A rare book on the economy that is actually interesting and fun to read. Buchholz has taken a very clever approach to making his point (with mini-novellas) that are both insightful and well researched. And humourous. Raises some serious concerns about the not too distant future that we should all be looking at as we contemplate our next investment.
Excellent purchase for novice investor. 1999-08-18
This is an excellent book for a novice investor. It offers timely advice n a witty and informative manner. I would certainly recommend it.
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