When Markets Collide
When Markets Collide is a timely alert to the fundamental changes taking place in today's global economic and financial systems—and a call to action for investors who may fall victim to misinterpreting important signals. It is a unique collection of books for investors and policymakers around the world. In addition to providing a thorough analysis and clear perspective of recent events, it lays down a detailed map for navigating your way through an otherwise perplexing new economic landscape.
Praise for When Markets Collide
"Mohamed A. El-Erian is one of the most gifted and successful risk management practitioners in the world. In this book, he combines an academic's insight into advanced risk analysis with a portfolio manager's grasp of real-world economics. This book is an essential read for those who wish to understand the modern world of investing."
"Mohamed El-Erian, with his deep grounding in economics and his profound knowledge of financial markets, has written a book that no one else could write."
— Seth A. Klarman
"El-Erian is a doer and a thinker and someone who understands the risks of rare events. [Never before, have] I seen such a combination. Read this book."
— Nassim Nicholas Taleb, author of The Black Swan
"This extraordinary book portrays the future with a powerful and trail-blazing illumination of the past."
— Peter Bernstein, author of Capital Ideas Evolving
"Brilliantly written, easy to understand—a forceful explanation of our changing global economy."
— Bill Gross, Managing Director, Founder and CIO, PIMCO
"I can think of no better guide to the terrifying yet exhilarating new world of global finance."
— Niall Ferguson, William Ziegler Professor at Harvard Business School