If It's Raining in Brazil, Buy Starbucks

by Peter Navarro

Book Overview

IF IT'S RAINING IN BRAZIL, BUY STARBUCKS

The hardcover edition of If It's Raining in Brazil, Buy Starbucks first introduced investors to "macrotrading." Instead of just theorizing, the breakthrough investing strategy actually quantifies the impact of global economic forces on specific sectors of the stock market. This paperback edition delivers macrotrading to a new and wider audience, identifying which economic indicators...

• Format: Paperback
• Language: English
• ISBN: 0071433198
• ISBN13: 9780071433198
• Release Date: February 2004
• Publisher: McGraw-Hill Companies
• Length: 288 Pages
• Weight: 0.95 lbs.
• Dimensions: 0.9" x 5.7" x 8.7"

Customer Reviews

Just about the best stock investing book I ever read.

This book gives you different scenarios as to what can happen to the stock, currency and bond markets with every economic report that comes out. Be sure you dont get overwhelmed by all of this and perhaps focus mainly on the 3 and 4 star data that comes out for a while. I am a semi-professional stock speculator myself, and even I was overwhelmed at how much info he gives. I will surely have to keep this one on my shelf for constant reference. He gives many entertaining samples of how real speculators would act on news and economic data. The funny thing is, many fundamental and technical analysts pay too little attention to this data, and some pay it too much heed. So you need to find the balance. I will say this; I always found economic data very boring until Peter showed us they are all pieces of a puzzle and that makes it very, very interesting indeed. I will never look at CNBC the same way again. As well, the resource guide for websites and news sources at the back of the book are worth the price of this book itself! (...)Marc

Great investment book from a macro perspective

I've read an extensive number of investment books on everything from day trading to futures to options to system trading, etc. This book takes a macroeconomic view of the market and is one I hadn't put too much emphasis on in my trading style. The more I read the book, the more I liked it and found its ideas logical and practical. It is not a "Holy Grail" book but is one that has expanded my knowledge envelope by also considering a macro view and has helped me trade more intelligently. The book describes how external events effect the market and how to take advantage of them. Events such as earnings reports, fed reports, climate events, etc. that definitely do effect on the market. The author tells how to trade in specific ETF's or stocks to take advantage of these events as well as other signifigant things like sector rotation. All in all, a great book.

Ivory Tower? Hardly...

The one bad review is clearly sour grapes. Anybody who has worked with Peter, such as taking one of his classes at U.C. Irvine, or even just met him, knows that he's one of the least "Ivory Tower" academics around. In fact, he's one of the few that actually gets involved, and tries to put in to practice what he researches.That said, the book does offer a broader perspective on how news will move markets, and teaches "chess" strategy as opposed to "checkers". Anyone who is interested in avoiding being blind-sided by world events effects on markets should read this book. It will teach them how to think about these events in a new way.

A Very Timely Investors Book

This book is unlike any investment book I've read. It finally explains in quite clear terms how broader events -- what the author calls "macrowaves" -- move the stock market. I'm finding this kind of perspective very helpful in understanding the dramatic fall in the stock market (particularly the NASDAQ) over the last year and half. It should be very helpful in my portfolio planning -- and protecting my assets. I highly recommend it.

Profit from Interpretations of economic report and news

This is the best book I've ever read on the topic of interpretations on macro economic factors that drive the market. Many books and textbooks are cut and dry, and in the end they are theories. An example would be: an economic report may come out, but the market is responding in the exact opposite way based on standard economic theory, however the understanding of why the market is reacting in that way requires the correct interpretation based on economic(business) cycles and such. The theories may be correct, however it also depends on other factors as well. The author emphasizes the markets as a chess board rather than a simple checkboard. I for one agree.