Using economic indicators to improve investment analysis
By: Evelina M. Tainer.
Publisher: Wiley
Published: 1993
Place of publication: New York
Language: eng
Number of pages: 270
Subjects: Investment analysis -- Statistical methods; Economic indicators -- United States
Description: Successful trading and speculating, profitable investing, prudent policymaking, and just being a smart consumer all require having a secure grasp of all the relevant economic information. Unfortunately "good" news and strong economic growth are often "bad" for the financial markets (as, for example, when a drop in the unemployment rate causes bond rates to rise). No wonder, investors, traders, policymakers, students, and consumers are often puzzled by such seemingly.

Perverse market responses. This book explains all, giving those acquainted with the workings of the financial markets - and those who are not - expert insight into the direction interest rates or exchange rates will take upon the release of any given economic indicator. You'll understand the underlying significance of every economic indicator and be able to analyze Federal Reserve behavior - so you can make all your financial, trading, and investing decisions with more.

Confidence and with an improved "hit rate." To help you, this guide comprehensively covers:. Cycles, markets, and participants - detailing economic cycles, market psychology, and more, showing the connections between the markets and economic indicators;. GDP - explaining the macroeconomic framework using the standard national income accounting methodology;. Consumer sector indicators - comparing and contrasting indicators so that you can understand which series are more.

Reliable and consistent;. Investment sector indicators - including investment in physical capital of machinery, factory buildings, and housing;. Foreign sector indicators - covering the monthly and quarterly indicators for the foreign exchange, domestic bond, and equity markets;. Government spending - featuring the federal budget deficit's impact on the economy and some useful, but hidden, indicators;. Inflation - differentiating between all the measures of inflation,

And making the key distinction between inflation in the goods market and inflation in the services market;. Miscellaneous monthly indicators - including the Index of Leading Indicators, the Philadelphia Federal Survey, and more! Information sources - taking in all the government agencies, free (or small fee) sources, private institutions (fee-charging), and professional economists who can be important sources for investors. Jargon-free, making every analytical nuance.

Clear and every statistical technique easy to apply, this guide will become a mainstay of every investor's library.
Notes: Includes bibliographical references (p. 257-261) and index.