Every day, stocks, bonds, and currencies bounce wildly in
response to new economic indicators. Money managers obsess over
those statistics, because they provide crucial clues about the
future of the economy and the financial markets.
Now you can use these indicators to make smarter investment
decisions, just like the professionals do. You don't need an
economics degree, or a CPA... just this easy-to-use book.
Former TIME Magazine senior economics reporter Bernard Baumohl
has done the impossible: he's made economic indicators
fascinating. Using real-world examples and stories, Baumohl
illuminates every U.S. and foreign indicator that matters. Where
to find them. What they look like. What the insiders know about
their track records. And exactly how to interpret them.
Whether you're an investor, broker, portfolio manager,
researcher, journalist, or student, you'll find this book
indispensable. Nobody can predict the future with certainty. But
The Secrets of Economic Indicators will get you as close as
humanly possible.
* What the numbers really mean...
*...to stocks, bonds, rates, currencies, and you
* Ahead of the curve: spotting turning points
* Calling recessions and recoveries in time to profit from them
* Leading indicators: where's the economy really heading
* Decoding initial unemployment claims, housing starts, the
yield curve, and other predictors
* Beyond the borders
* Why foreign indicators are increasingly important-and how to
use them
* Making sense of indicators in conflict
* What to do when the numbers disagree
* Finding the data
* Free web resources for the latest economic data Investments
The fascinating, plain-English guide to economic indicators:
what they mean, and how to use them.
Unemployment. Inflation. Consumer confidence. Retail sales...
Every morning brings new economic statistics.
* Which economic indicators really matter?
* What do they mean for stocks, bonds, interest rates,
currencies...your portfolio?
* How can you use them to make faster, smarter investment
decisions?
* Simple, clear, non-technical, friendly, usable...the only book
of its kind!
* By former renowned TIME Magazine economics journalist Bernard
Baumohl.