Unlocking the Secrets of the Fed

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Written by America's most respected Fed watcher-Dr. DavidJones-Unlocking the Secrets of the Fed gets inside the world ofmonetary and fiscal policymaking and explains how understanding andanticipating the actions of the Federal Reserve is critical to yourinvestment success. This straightforward and well-rounded guide offers a wealth ofpractical information on the leading economic policy institution inthe world-the Federal Reserve. This unique book: * Addresses the impact of Federal Reserve actions on the economyand the average American's wealth-creation potential * Closely examines the Fed's policy objectives, operatingtechniques, and favorite financial and economic indicators * Reviews the modern-day Fed's main challenges * Underscores the important role that psychology plays in ournation's economic expansions and contractions * Explains asset price bubbles and the implications for theeconomy * Assesses the performance of contemporary Fed leaders such asWilliam McChesney Martin, Paul Volcker, and Alan Greenspan As one of the pioneers of "Fed watching," Dr. Jones knows all thereis to know about the Federal Reserve. Take this opportunity tolearn how the Federal Reserve's decisions affect your investmentsas well as the economy as a whole.

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David M. Jones

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"I've frequently been asked by readers for a primer of sorts about the Federal Reserve and monetary policy. I haven't been able to come up with a suitable recommendation -- until the arrival of 'Unlocking the Secrets of the Fed'.... What's refreshing is that the book doesn't dwell on the irrelevancies that make up the typical economics text.... Instead, Jones offers eminently practical advice on how to be a successful Fed watcher." (Barron's, Ocxtober 7, 2002)
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