A layman investor’s guide to staying afloat in rough economic watersThe recession has drained off the assets of millions of Americans. Debt, unemployment, and tanking 401(k)s have left people searching for ways to safeguard what they have in uncertain times. In The Money Compass, accounting professor G. Stevenson Smith and money manager Mark Grimaldi offer a clear-eyed look at the links between macro-economic conditions and asset class allocation, including current investment opportunities for individual investors. The book looks at key related issues that investors have faced over the last five years, including the financial recession, the housing crash, collapsing government programs, long-term unemployment, crashing 401(k)s, and more. Offers real-world investing advice for today’s uncertain economic climate Looks at such macro-economic topics as Alan Greenspan’s role in the current recession and how persistent unemployment effects investors and the market Gives investors practical strategies and advice for navigating today’s financial markets "-- œc Provided by publisher