The Era of Uncertainty: Global Investment Strategies for Inflation, Deflation, and the Middle Ground -- Contents -- Foreword -- Preface -- Acknowledgments -- Part I: Why "Macro Matters" -- Chapter 1: What Is Macro, and Why Should Investors Care? -- Macro Explains More Than 70 Percent of Equity Returns -- Macro's Role In Bubble-Mania -- Chapter Summary -- Chapter 2: The Ever-Changing Macro Landscape -- Macro in the Age of Globalization -- The Increasing Role of Macro In the Years Ahead -- Learning From Macro-Driven Markets of the past -- Chapter Summary -- Chapter 3: Harnessing the Power of the Business Cycle in Investing -- Macro Is The Bedrock of Successful Investing -- Chapter Summary -- Chapter 4: The Pitfalls of Ignoring Macro Influences: Accidental Success -- Macro Lessons Are Learned through Experience -- Chapter Summary -- Part II: The Roots of the New Era of Uncertainty: The Credit Crisis -- Chapter 5: A View From the Front Lines -- The Bubble Intensifies -- Slaying of the Bear -- Chapter Summary -- Chapter 6: In the Weeds -- The Fog of War -- The Bubble Was Predictable! -- And the End Was Foreseeable . . . Macro Could Have Helped -- Chapter Summary -- Part III: Current Policies Are Leading Us Down an Unsustainable Path -- Chapter 7: No More Tools In the Toolbox -- A Breakdown In the Traditional Economic Model of the United States -- It's All About the Consumer! -- Exports Are Not Enough -- Chapter Summary -- Chapter 8: The Government's Un-Safety Net -- Inflation Enters the Picture -- Spinning Our Wheels -- Nowhere Fast -- Chapter Summary -- Chapter 9: Kicking The Can Down the Road -- QE Was An Experiment -- We're All Keynesians Now…Unfortunately? -- Uncertainty Kills Growth -- The State and Local Time Bomb -- The Privatization Option -- No Short-Term Fixes -- Chapter Summary -- Chapter 10: Threats to Righting the Path of Policy.

Mobility Threatens Austerity -- Inequality and Protectionism -- Business Cycle Trends Could Exacerbate the Policy Conundrum -- Chapter Summary -- Part IV: Investing for An Uncertain Future -- Chapter 11: A Closer Look at Inflation -- Anatomy of Inflation in the United States -- The Consumer IS Exposed to Food and Energy -- Policies to Avoid Deflation Often Lead to Inflation -- Pushing On A String -- Inflation has Social and Political Consequences -- Market Indications of Inflation -- Chapter Summary -- Chapter 12: Strategies for Investing in Inflationary and Deflationary Environments -- Conventional Wisdom-Hedging for Higher Inflation -- Making the Turn-Hedging for Slower Growth -- Policy Responses Bring About Extremes -- Disinflation Versus Deflation -- Mild Deflation Versus Deflationary Spiral -- Fixed Income Is a Deflationary Safe Haven -- The Middle Ground -- Goldilocks in the Emerging Markets -- Chapter Summary -- Part V: Unintended Consequences and Creative Solutions -- Chapter 13: Unintended Consequences -- QE = WMD? -- Chapter Summary -- Chapter 14: Creative Alternatives for the Future -- The War on the Deficit -- Chapter Summary -- Epilogue: The Financial Services Industry in the Era of Uncertainty -- Notes -- About the Authors -- About the Digital Companion -- Index.