Book : The Trader’s Guide to Key Economic Indicators
The volatile stock market is turning serious investors into macroeconomic-data junkies. Yet understanding just what the economic statistics mean, their place in the actual machinations of the economy and financial markets, and how to decipher the market’s likely reactions to the latest pronouncements is a daunting challenge. Interpreting and applying effectively the complex cocktail of statistical data to investment decision making can be overwhelming.
This book hones in on the most important economic statistics observed on Wall Street today and points out the role that each plays in moving markets. It highlights the key interrelationships that each statistic possesses in and among the other economic indicators, and outlines their practical significance to investors.
An extremely readable desk reference written from the combined perspective of a former trader, academic, and current Wall Street economist, The Trader’s Guide to Key Economic Indicators will lead you through the mists of information, revealing what these important measures are and what they really mean.
“An easy-to-understand guidebook for investors… offering ‘tricks from the trenches’ you won’t find anywhere else.” — Rhonda Schaffler, Senior Correspondent/Anchor, CNNfn
“Every stock and bond trader should keep this invaluable description of relevant economic indicators within easy reach.” — David M. Jones Ph.D., Chairman of the Board, Investors’ Security Trust Company; Former Chief Economist, Aubrey G. Langston
“Will enable you to emulate the methods and successes of the pros.” — Stan Richelson, Coauthor, The Money-Making Guide to Bonds