The trader guide to key economic indicators
Investors, big and small, have to understand how these reports influence their investments, portfolios, and future sources of parenthood season 4 episode 1 income.
Engaging and informative, this book will put you in a better position to make more informed investment decisions, based of some of today's most influential economic indicators.
An easy and profitable read." -William Dunkelberg, Chief Economist, National Federation of Independent Business; Economic Strategist, Boenning Scattergood.By Richard Yamarone, bloomberg Financial, 2012.00, 320 pages, lock any healthy man in a candy store for six 1099 tax refund calculator 2013 months with nothing to eat or drink other than whats in the shop and it doesnt take a doctor to tell you that that a mans.Table of contents, acknowledgments ix Introduction 1 chapter 1 Gross Domestic Product 11 chapter 2 Indexes of Leading, Lagging, and Coincident Indicators 47 chapter 3 The Employment Situation 65 chapter 4 Industrial Production and Capacity Utilization 83 chapter 5 Institute for Supply Management Indexes 101.Yamarone's latest gets 'into the weeds' and provides the understanding needed to properly interpret the implications for financial markets of changes in economic indicators.The volatile stock market is turning serious investors into macroeconomic-data junkies.Author Richard Yamarone shares his experience as a former trader, academic, and current Wall Street economist.The last section of every chapter also contains at least one "Trick from the Trenches" that will allow you to develop a clearer picture of business activity.He told me to write that." -Arthur.
Engaging and informative, the Third Edition of The Trader's Guide to Key Economic Indicators will help you gain a practical command of economic indicators and their meaning for investment.
Just as a doctor has his tools of the trade stethoscope, blood sugar tests, EKGs, etc.
Covers everything from gross domestic product and employment to consumer confidence and spending.
Yamarone attempts to bridge the mind-numbing challenge of droll economic theory to give you a working toolset of indicators to help you make accurate economic forecasts.
Each chapter corresponds to an indicator, beginning with the most comprehensive-GDP and indices of leading, lagging, and coincident indicators-and continuing with those tied to particular aspects or segments of the overall economy, such as consumer prices, manufacturing, housing, and retail sales.
That said, after reading this book, you will become more aware of what economic currents are in the air and have a better chance at achieving your goals as a direct result.
In a straightforward and accessible style, it tells you exactly what these reports measure and what they really mean.Likewise, it doesnt take an economist to tell you that if an economy suffers high debt, low employment and stagnant consumer confidence over a period of time, the damage will seep into every household and enterprise.The Trader's Guide to Key Economic Indicators examines the most important economic statistics currently used on Wall Street.Not knowing how to read the health or illness of the economic framework that you are working within is a bit like playing on the railroad tracks and not knowing when a train will come through.A handy reference to understanding key economic indicators and acting on them.While the two do not move in tandem all the time, Yamarone does a fairly good job of giving you a strong foundation in the essentials of what to look for to help you make better financial decisions in todays markets.Making quick decisions requires a solid understanding of the past performance of, and the methodologies used to produce, economic indicator statistics.What about Personal Income and Outlays?Rich has one of the smartest economic minds and is genuinely one of the nicest guys in the world.And now, in the Third Edition of The Trader's Guide to Key Economic Indicators, he shares his extensive insights on this topic with you.