This book will introduce professional and sophisticated individual investors to a way of reading stock markets that is completely original and proven to work. Liqudity theory relies on the
notion that the most important factor affecting the US stock market is the net change in the trading float of shares. Liquidity analysis measures three key factors--net change in trading float
of stock, flows of cash in and out of US equity funds and changes in the amount of debt being used to buy shares of stock. The text will be sprinkled with interviews with academics,
leading money managers, market strategists as well as high net-worth investors who have an impressive track record of beating the market using liquidity analysis.
