Drawing on his own business and investment theories, the author forecasts a stock market crash in February 1989, followed by a profitable period during the 1990s, and offers investment tips and tactics
"synopsis" may belong to another edition of this title.
Popular economist Erdman analyzes the October 1987 stock market crash by examining global economic history over the last seven years. He points out elements that led up to the crash and the decision he made to get out of the marketas well as the reasons many did not. Erdman elaborates on events forthcoming during the rest of 1988 (the calm before the storm) and a recession in 1989 (of about ten months). The 1990s will bring a period of prosperity. Erdman's readable style and popularity will provide many thought-provoking moments for his fans, who will appreciate his advice, should the economy turn out as he predicts. Steven J. Mayover, Free Lib. of Philadelphia
Copyright 1988 Reed Business Information, Inc.
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