Mastering Global Financial Markets

Name: Mastering Global Financial Markets
Rating: 4.5 (55 reviews)

Global Macro. Stocks. Bonds. FX. It's all here.

Created byGlobal Investments Institute

Last updated 7/2019

English

What you'll learn

Global Finance
Financial Markets
Stocks
Bonds
Foreign Exchange (FX)
Macroeconomics
Reading the business news

Course content

4 sections • 36 lectures • 3h 29m total length

Output2:45
Explore how the expenditure method measures GDP by summing final goods and services, subtracting imports, adding exports, and outlining how government spending and investment drive growth.
GDP Comparisons3:11
Money7:56
Define money as a medium of exchange, unit of account, and store of value, and show how fiat money, gold backing, and central bank actions shape rates and prices.
Money and Prices7:25
The Phillips Curve7:39
Unemployment and NAIRU4:22
Output Gap3:57
Monetary Policy Rules5:25
The Taylor Rule6:09
Apply the Taylor rule to set short-term rates by balancing inflation and output gaps, showing strong early tracking of the fed funds rate but limitations after 2008.
Quantitative Easing (QE)6:35

Currency Terminology7:54
Forex Quotations8:12
The Forex Market3:21
Explore the global forex market's 24-hour structure, spot and forward trading, and the two-tier system of retail and interbank participants, featuring major currencies like the USD, euro, and JPY.
The Balance of Payments (BOP)3:07
Balance of Payment (BOP) Interactions6:32
Inflation and Purchasing Power Parity (PPP)5:42
Interest Rate Parity6:09
Examine how interest rate parity and purchasing power parity link inflation to exchange rates, and how forward contracts, swap points, and carry trades arise from interest differentials.

Equity Valuation Fundamentals8:51
The Value of Growth8:41
Multi-stage Growth Models5:19
Examine limitations of the constant growth dividend discount model and apply multi-stage models to value companies through early high growth and later steady dividends.
Estimating the Growth Rate5:25
Estimate growth rates using dividend data and the average compound growth rate, and explain sustainable growth via retention and return on equity that drive value in the dividend discount model.
Relative Valuation5:36
Explore relative valuation through the price-earnings ratio, its link to r and g, and how growth creates higher p/e, with caution on negative earnings and alternatives like price-to-book, price-to-cash-flow.
Risk and Return5:55
The Efficient Frontier4:13
The Capital Asset Pricing Model (CAPM)2:18
Learn how the Capital Asset Pricing Model prices stocks via market risk and a beta measure. Diversification eliminates specific risk, leaving a market risk premium and potential alpha opportunities.
Market Efficiency6:05
Investment Philosophies10:53
Stock Splits4:27

Requirements

None

Description

Are you interested in learning more about global financial markets? In four short hours we will break down fundamental concepts in understanding global macroeconomics, stocks, bonds, and foreign exchange markets. Our goal is to demystify complicated concepts, explain how traders, central banks, and other market participants make their decisions, and provide a primer through which you can read and understand the financial and business press with clarity and insight.

Let's connect the dots together. Welcome!

Who this course is for:

You want to learn how global financial markets work
You want to better understand the business and economics press
You want to grasp why market participants (governments, central banks, traders) make the decisions they do
You are curious about how stocks, bonds, foreign exchange and the global macroeconomic environment interact

Mastering Global Financial Markets

What you'll learn

Explore related topics

Course content

Global Monetary Policy10 lectures • 55min

Currencies and the Global Foreign Exchange (FX) Market7 lectures • 41min

The Bond Market8 lectures • 45min

The Equity (Stock) Market11 lectures • 1hr 8min

Requirements

Description

Who this course is for: