New economic data are reported virtually every trading day. Investors, big and small, have to understand how these reports influence their investments, portfolios, and future sources of income. The third edition of The Trader's Guide to Key Economic Indicators examines the most important economic statistics currently used on Wall Street. In a straightforward and accessible style, it tells you exactly what these reports measure and what they really mean.
Filled with in-depth insights and practical advice, this reliable resource sheds some much-needed light on theses numbers and data releases and shows you what to look for and how to react to various economic indicators.
- Covers everything from gross domestic product and employment to consumer confidence and spending
- Author Richard Yamarone shares his experience as a former trader, academic, and current Wall Street economist
- Illustrated with instructive graphs and charts that will put you ahead of market curves
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.
Keywords: Richard Yamarone; Yamarone; the trader's guide to key economic indicators; trader's guide to key economic indicators; guide to key economic indicators; key economic indicators; gross domestic product; GDP; leading indicators; lagging indicators; coincident indicators; employment situation; industrial production and capacity utilization; capacity utilization; institute for supply management indexes; supply management indexes; manufacturers' shipments; manufacturers' inventories; manufacturers' orders; manufacturing inventories; manufacturing sales; trade inventories; trade sales; manufacturing and trade inventories and sales; new residential construction; commodities; fixed-income market; consumer price indexes; producer price indexes; Bloomberg Brief: Economics; Bloomberg Orange Book, General Finance & Investments, General Finance & Investments