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
User Ratings and Reviews
4 Stars Great guide to economic indicators
This is an esaly introduction to economic indicators, mainly the american ones. It contains some interesting tips about indicators, like “thumb rules” in some cases. It briefly introduces each of the most important indicators to the US economy (as well to other major economies) and it’s effects on the markets. Those interested in detailed information of some indicator will need to go deeper looking for it’s original sources.
5 Stars Excellent Reference on Economic Indicators
This book does a great job of explaining a long list of macro-economic indicators, their application and relative predictive importance. Highly recommended for those who want to understand how economists measure and attempt to forecast the direction of economies around the world.
5 Stars Excellent book
Very good book to get an idea about all the economic indicators that can make or break the economy.
5 Stars How And Why The Markets Move
Secrets of Economic Indicators is an excellent book on what drives and affects the economy and the markets. From inflation,consumer spending,unemployment,housing, to the Federal Reserve. Each section explains market sensitivity and why. Would not recommend this book for market-timing necessarily but to understand why the markets go up and down. The last 2 chapter have websites for U.S. and International Economic Indicators for further information. Well done.
5 Stars First Class Economic Resource
If you’re an inspiring investor or seasoned pro; a corporate executive or fresh out of school Mr. Baumohl’s “The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities” holds a wealth of information to assist in making good economic decisions.
The book’s structure begins with two chapters that provides the reader with a good introduction on how economic indicators help explain the workings of the world economy. Next the various indicators are organized by categories that allows to reader to find the exact information he or she needs. Also, Mr. Baumohl’s writing style is accessible to readers without formal economic training.
