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Synopsis

Not for nothing do her initials also stand for "Central Bank." Fornearly two decades, Caroline Baum has produced incisive commentaryon central bank policy, the ebbs and flows of the economy, and howthey influence the bond market. Her much sought-after, real-timeanalysis is read by a devoted audience on the BLOOMBERGPROFESSIONAL service within seconds after it appears. The word onthe Street is that reading Caroline Baum is an economic educationin itself.

This selection from her more than 1,300 Bloomberg News columns,arranged by major themes and with new introductions by the author,condenses and organizes that wisdom for the first time in printform.

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