The Trader's Guide to Key Economic Indicators

by Richard Yamarone

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.

Genres: Finance, Economics, Business

288 pages, Hardcover

First published April 21, 2004

Reviews

[David Rosen · Rating 4 out of 5]

Provides practical nuance that's usually absent from financial reports

Gets into the guts of how economic indicators are constructed, helping corporate communicators understand how markets will interpret certain events. It's been a helpful companion to me for more than 10 years. Highly recommended.

[Michele Capotosto · Rating 4 out of 5]

The book is well written and easy to understand but in this world I don’t think it’s useful

Macroeconomics 0 Taco 1
Watching macro while seeing a grown adult doing what he wants with economics give me the possibility to understand that maybe it’s useless studying it

[J Brown · Rating 4 out of 5]

good explanations from a man that matters