The Investment Basics

The Secrets of Economic Indicators Hidden Clues to Future Economic Trends and Investment Opportunities 2nd Edition

The Secrets of Economic Indicators Hidden Clues to Future Economic Trends and Investment Opportunities 2nd Edition

From The Wall Street Journal, November 22, 2005:

“Whether you’re tracking pop culture, high fashion or health care, all things are connected, and economics is the tie that binds them all. For those who need to know more about economic trends and for those who haven’t the skills or background in the field, Mr. Baumohl’s book is the real deal. He miraculously breathes life into economic indicators and statistics.”

From Library Journal:

“Baumohl, a former economics reporter for Time magazine, has written a tremendously useful source on economic indicators. Baumohl considers a variety of factors when describing each indicator, such as what exactly it measures, how it is computed, where to find the relevant report on the web, the day and time this report is released, the source of the information, and how often the information is revised. He also discusses the market impact of these indicators on bonds, stocks, and currency. Bottom Line: Although this book is marketed as a tool for investors and is not organized like a typical reference book, it belongs in the reference collection because it explains so clearly what the various economic indicators are and how to locate data about them. Recommended for all libraries. ” —Stacey Marien, American Univ. Lib., Washington, DC

User Ratings and Reviews

1 Star This Book is Totally a Waste!
This book offers nothing that can’t easily be obtained by a simple internet search. The book reads like a manual with no soul whatsoever. I could have written the same book with mere copy and paste technique. The high reviews given to this book were given by 10 year olds. Don’t waste your time and definitely your money!

I wish I could give a 1/2 star on this!!

5 Stars Eye Opener
This book really made market indicators simple and easy to understand. I appluad the author for his format. If you need to understand all of those fancy indicator lingo this is the book to read.

5 Stars How And Why The Markets Move
Secrets of Economic Indicators is an excellent book on what drives and affects the economy and the markets. From inflation,consumer spending,unemployment,housing, to the Federal Reserve. Each section explains market sensitivity and why. Would not recommend this book for market-timing necessarily but to understand why the markets go up and down. The last 2 chapter have websites for U.S. and International Economic Indicators for further information. Well done.

4 Stars Great guide to economic indicators
This is an esaly introduction to economic indicators, mainly the american ones. It contains some interesting tips about indicators, like “thumb rules” in some cases. It briefly introduces each of the most important indicators to the US economy (as well to other major economies) and it’s effects on the markets. Those interested in detailed information of some indicator will need to go deeper looking for it’s original sources.

5 Stars Excellent book
Very good book to get an idea about all the economic indicators that can make or break the economy.

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