The issue of finances is an important part of the day-to-day running of the corporation. Therefore, everyone should be financially savvy. This is why it is so important to review the book “How to Read Financial Pages”, written by Michael Brett. Brett is a freelance journalist, former editor of “Investor’s Chronicle” and a frequent educator of financial topics.
According to Brett, the issue has been a priority for more than a decade now for anyone who wants to establish a financial and financial base. The author claims to remove the secrets from the world of commerce and economics, the term is a guide for ordinary people to read and understand financial journalists and the markets and events described.
Brett adds that regardless of the financial situation, the text clearly describes the state of the financial system, from financial markets to retail markets, financial dividends to bids.
The text consists of 23 chapters. The first chapter is called the “Introduction.” According to Brett here, write about money, and you can never avoid wise words. It is said that simple words and thoughts need to be practiced first because they will be planted again and again. “The key to all financial markets is the idea of making money. Money should work for the owner,” says the author.
He said in a nutshell, money can be saved to make money and can be used to buy things or things that are expected to be expensive but it is not, or can be invested directly or indirectly in stock markets that often make money but show profits or losses.
This author emphasizes that there are variations on all these topics, but you need to keep in mind the points and the variability that takes place. Regarding markets and interest rates, Brett points out that for every type of economy and / or more of its derivatives, there is a market. He adds that in London there is a financial market and there is no tax market because the transaction takes place over the phone and the cost that the borrower pays in terms of spending is the interest rate.
In Brett’s words, “There is a stock market: foreign exchange or futures market. There are stock markets. , their travels and the expenses they receive. “
He also said that the important thing is that there is no market that is independent of others and that the link is the value of money. This author states that if interest rates rise or fall, there could be more exposure to all financial markets. They also teach that this is a very important economic factor and is behind much of what has been published in financial newspapers: from discussions of house prices on reasons for moving to a secure market.
“The money will come to the point where they earn the best money, depending on the risk the trader chooses to take and the length of time he or she can spend his or her money,” Brett assures.
The second chapter is about money and men. According to this writer here, when a financial journalist refers to someone as a “well-known city”, he is referring to what he is saying because the man could be a banker. Brett adds that if a journalist describes someone as “an economist living in a competitive city”, “they are probably very close to the false laws to charge him money!”
But which ‘city’ is the real one that holds these people and so many others? asks the author. He also mentioned the area in the east of Central London, often referred to as Square Mile, adding that the ‘City’ is often used as a blanket suitable for business organizations in the middle of the British economy. Brett teaches that it will not work within a mile of London, though many of them do.
He also said that it provides funds to support oil for companies and businesses. According to him, one of the objections to the City is that it is too far away from Britain’s manufacturing industry. Mr Brett said that while other parts of the city have been seen around the world, the biggest change in the last 20 years is the international culture such as the London Stock Exchange. “The city is the most lucrative country in Britain. The financial services generated a net profit of about 32 billion pounds in 1998,” he said.
In chapters three to ten, this author explores ideas such as companies and their accounts; distribution of funds; refining artwork; stocks and shares; which moves the prices of shares in periods corresponding to the decline of ’87; the establishment of a retail market; giving more shares and buying shares again; and gamblers, victims and lawmakers.
Chapter 11 is entitled “Improving Credit and Debt Rehabilitation”. According to Brett here, to meet a wide range of financial needs, there has been a rapid increase in operating costs, lending institutions, sometimes combinations of funds and loans, but often only one or the other, for unnamed companies.
The author states, “Because they are offered to support unspecified companies, these types of investment funds are often referred to as private funds. Most of the investment funds are the buds of existing organizations: banking or commercial banks, insurance companies or pension funds.”
They also teach that another tax-driven vehicle that promoted the promotion of risk in the private sector is the capital investment trust. Trust capital is required to have at least 70% of its investment in unnamed real estate companies: a major, a company that could qualify for the Enterprise Investment Scheme, adds Brett.
The expert emphasizes that the income that depends on his income is like ordinary money and should be mentioned in the stock market.
In chapters 12 to 19, the author reviewed X-rays as compensation, requirements and changes in capitalism; government contracts with the company; banks, borrowers and bad loans; financial markets; foreign exchange and the euro; global currency; financial vessels and other items; and insurance with Lloyd after the crisis.
Chapter 20 is entitled “Commercial goods and market risks”. According to this author, commercial property (i.e., offices, shops, factories and warehouses) has become one of the main sources of revenue for insurance companies and pension funds. Brett adds that it was not really the end of the millennium.
He also said, there is no real estate market, ensuring that the “market” is set up primarily by large companies of real estate developers or real estate agents. Brett points out that these companies offer a number of ways to help sell products. “They advise on real estate sales, often oversee organizations instead of agencies, provide demonstrations, negotiate negotiations, buy and sell and help organize finances,” the author adds.
In chapters 21 through 23, Brett highlights his temporary focus on concepts such as savings, mergers and acquisitions; City management; and financial pages about printing and the internet.
When it comes to style, this book is a masterpiece. For example, the book is well-articulated and its language is consistent and simple, thus making it easier to grasp the theme regardless of the vocabulary. The success of the styles is expected, as Brett is a freelance journalist and financially connected.
The depth of this research is also commendable.
However, the definite article “The” creates a lack of practice on the subject of this book. So, the title should have been “How to Read Financial Pages” and not “How to Read Financial Pages”.
In many cases, the text is a masterpiece in economics. I highly recommend it to anyone who is willing to expand their knowledge of economics.