Given the accuracy of their first book's predictions, you have to be worried that their second book could very well be right. Be prepared and read this book.

Philip Gross, Founder, America Online
Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention.

Sam Stovall, Chief Investment Strategist, Standard & Poor's
The fragility of today's economy demands that we, as investors, allocate our assets with more prudence and focus than ever before. The authors' prescience in their first book lends credence to their new warnings. This book deserves our attention.

Robert Friedman, Former CFO, Goldman Sachs
Aftershock is a superb exegesis of how our damaged economy is in for further difficulties. Since the authors hedge their predictions not at all, a second event in which they will have been proven correct will lead to a very special stature.

Stanley Goldstein, Founder, New York Hedge Fund Roundtable

Aftershock Survival Summit Video

Please watch coauthor Bob Wiedemer discussing the current economy and investment options for protection and profit in the coming financial crisis in the US and Europe. Click here.

Recovery? What Recovery?

Did you lose money in the financial crisis of 2008? Or the rollercoaster ride of summer 2011? Are you "underwater" in your mortgage or your home has lost value? Do your dollars buy less at the grocery store and the gas pump? Are you worried about the safety of your money, job, and investments?

Don't Get Fooled Again!

This is no recovery. And this is no "down cycle" that will soon be followed by a reliable "up cycle." This is a big, multi-bubble pop and it’s far from over. In our first book, America’s Bubble Economy (Wiley, 2006), we warned you about the coming domino fall of the linked real estate, stock, and private debt bubbles that eventually led to the financial crisis of 2008. In Aftershock (Wiley, 2009), we revealed how the worst is still ahead, as the bubbles continue to fall and the two final bubble, dollar and huge government debt bubbles, pop. Now our latest book, Aftershock second edition (Wiley, 2011) offers the definitive look at 2012 and beyond – and what investors can do right now to protect themselves.

It's Not Too Late

For those who act quickly and correctly, there is still time to protect yourself, your family, and your business in the coming Aftershock. Other books may talk about the last financial crisis and warn of more troubles ahead, but only Aftershock has the proven track record of precisely predicting these events over many years, and more importantly only Aftershock shows you what to do right now to protect yourself before it's too late.

We Can Help

In addition to our books, we also have a variety of investor-focused services to help you put the ideas in Aftershock in action. We offer a number of Free Trials and Gifts (see upper right side of homepage) that are totally free – no credit card required. And for those who want more in-depth support, we offer:

The Aftershock Investor's Resource Package (IRP), including our monthly Aftershock Newsletter, live Audio Forums, periodic Email Alerts, and more
Private Consulting for individuals and businesses
Customized Investment Management based on the macroeconomic perspective of our books

Meet the Authors

Robert Wiedemer is a Managing Director at Absolute Investment Management and co-wrote the landmark book, America’s Bubble Economy, published by John Wiley in 2006, that predicted the current downturn in the economy. As Paul Farrell, Senior Investment Columnist at Dow Jones MarketWatch recently said, “In short, America's Bubble...

David Wiedemer is the Chief Economist for Absolute Investment Management. His co-authored landmark book, America’s Bubble Economy, published in 2006, accurately predicted the Great Recession and the popping of the housing, private credit, stock and consumer spending bubbles. His series of predictions and convictions...

Cindy Spitzer is President of Aftershock Consultants, a consulting firm that provides one-time and ongoing insights and support to individuals, families, businesses, and groups, based on the macroeconomic ideas in Aftershock. Consulting sessions provide food for thought as decisions are made to put the ideas....

Rising Interest Rates: Is the Bond Bubble Popping?

Updated 12/28/2010

Interest rates are up more than 1% in the last month on both long and short term bonds, pushing mortgage rates up and bond prices down. Is the bond bubble popping? We see two possible scenarios: Either investors believe that the economy is finally turning around and therefore higher demand for credit will drive up interest rates; or investors are beginning to worry that inflation is on its way due to massive money printing by the Fed (QE1 and QE2), and the bond bubble is about to pop.

We think the first scenario is more likely. If so, the euphoric feeling won’t last and interest rates will eventually decline. More importantly, we think the Fed will buy even more bonds to keep interest rates from rising much further. However, it is also possible that the Fed is starting to lose control over interest rates due to growing inflation expectations among investors and rising perceived risk in federal government debt. We know this will happen eventually, the only question is when. One reason we don’t think it is happening now is that if inflation expectations were rising rapidly, we would see gold rising as well, which is not currently happening.

So is the bond bubble starting to pop? We will know in the next month or two. Please sign up now for your Aftershock Investors Resource Package so we can tell you more about bonds, stocks, gold, currencies, real estate, the dollar, China, European debt, popping bubbles, and other Aftershock issues.