The Economic Indicator Handbook: How to Evaluate Economic Trends to Maximize Profits and Minimize Losses
$20.00
The Economic Indicator Handbook helps investors more easily evaluate economic trends, to better inform investment decision making and other key strategic financial planning.
Introduction:
Written by a Bloomberg Senior Economist, this book presents a visual distillation of the indicators every investor should follow, with clear explanation of how they’re measured, what they mean, and how that should inform investment thinking. The focus on graphics, professional application, Bloomberg terminal functionality, and practicality makes this guide a quick, actionable read that could immediately start improving investment outcomes. Coverage includes gross domestic product, employment data, industrial production, new residential construction, consumer confidence, retail and food service sales, and commodities, plus guidance on the secret indicators few economists know or care about.
Past performance can predict future results – if you know how to read the indicators. Modern investing requires a careful understanding of the macroeconomic forces that lift and topple markets on a regular basis, and how they shift to move entire economies. This book is a visual guide to recognizing these forces and tracking their behavior, helping investors identify entry and exit points that maximize profit and minimize loss.
- Quickly evaluate economic trends
- Make more informed investment decisions
- Understand the most essential indicators
- Translate predictions into profitable actions
Savvy market participants know how critical certain indicators are to the formulation of a profitable, effective market strategy. A daily indicator check can inform day-to-day investing, and long-term tracking can result in a stronger, more robust portfolio. For the investor who knows that better information leads to better outcomes, The Economic Indicator Handbook is an exceptionally useful resource.
Contents:
- The Daily Blotter
- The Business Cycle
- Gross Domestic Product (GDP)
- The Labor Market and Employment
- Retail Sales
- National Federation of Independent Businesses (NFIB) Small Business Economic Trends
- Personal Income and Outlays
- Housing and Construction
- Manufacturing
- Prices and Inflation
- Confidence and Sentiment
- The Federal Reserve
The Economic Indicator Handbook: How to Evaluate Economic Trends to Maximize Profits and Minimize Losses By Richard Yamarone pdf
| Author(s) | |
|---|---|
| Pages | 350 |
| Format | |
| Publication Year | 2017 |
3 reviews for The Economic Indicator Handbook: How to Evaluate Economic Trends to Maximize Profits and Minimize Losses
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Omari Velez (verified owner) –
I am a fan of this author, but am highly disappointed by this book.
The vast majority of the content in this book is only applicable if you have access to a Bloomberg professional terminal (which costs around £24,000 a year). There should have been a warning about this in the description.
Richard, please can we have an up to date version of your last book for those of us lowly mortals who use websites and affordable tools for our info.
Megan Jefferson (verified owner) –
Yamarone does an excellent job of:
1) systematically going through the various economic indicators,
2) providing appropriate background information that gives good insight for each indicator,
3) discussing strengths and weaknesses for each indicator
4) covering composite indicators as well as individual indicators
The book is well written and easy to follow. It could have benefited from including links to where the data can be found (since most of it is public), as well as the exact acronym for the indicators in the FRED database to make it easy to get the data.
River Moon (verified owner) –
This is the preeminent handbook for understanding what the underlying components of economic headlines, and more importantly, why they matter. One reviewer complained that in order to get the maximum value of the book you have to have a Bloomberg Terminal, but I politely disagree. Bloomberg Terminals are amazing tools that make much of what we do possible, but for someone who wants to learn for their own edification or for trading their own account, this is a great resource. As for obtaining the information, the St. Louis Fed has a great tool for filthy casuals available on the internet and for free.
The economy effects everyone and all but a few are profoundly ignorant of the actual workings of the economy and how we track them. Buy and read this book, and you’ll be in a better position.