KRASH! How Y2K Could Sink the Stock Market and What Canadian Investors Can Do About It

What will happen on January 1, 2000, 00:01? Will we be left in the dark? Will we be left without phones? Will we be left without access to our money via credit and debit cards and ATMs? Not likely, say authors Stephen Gadsden and Jonathan Chevreau. But what is likely to happen is that as early as September 1999 or as late as 2001, our overly bullish stock markets in North America will come krashing down around us! No one disputes that the current stock markets are vastly overvalued. As the Dow reaches unprecedented levels, many ask how much higher can it go. Some are unwilling to believe that this crest will peak. Others, especially those nearing retirement, want to make the most of the market. While the authors empathize with these sentiments, they cannot ignore history. In Krash! they show that all the signs are there for a significant market correction - just as they were in 1929 and October 1987. But all is not lost! This book gives investors a few weeks or months head start in preparing for the inevitable. Gadsden and Chevreau explain in a concise and direct * What causes stock market swings and why we are in a period of extreme risk
* Why stock markets are dangerously over-inflated
* How the turn of the millennium will impact industries and economies worldwide
* How to cushion your investment portfolio for Y2K impact
* The advantages and disadvantages of staying in the market
* Y2K investment havens and hedging strategies No one knows for sure whether systems will fail when the clock strikes midnight on December 31st, 1999, but Gadsden and Chevreau build a convincing and disturbing case for why you should make a dramatic shift in your investment strategies now. In Krash! they show you how.