How the Economy Works: An Investor's Guide to Tracking the Economy (How the Economy Works)
Edmund A. MennisISBN: 0735200769;
A fully revised and expanded edition, complete with the most current economic data, more charts covering longer time periods, and a whole new chapter on tracking the economy using the Internet. For anyone who hopes to achieve enduring success in the financial markets, understanding the major economic indicators is a must. From newspapers to financial news networks and the Internet, the media inundates even the most experienced investors with economic data. A comprehensive discussion of the most important economic statistics to watch--including GDP, interest rates, monetary and fiscal policy, and many others-- and how they interact with the financial markets, this book is required reading for individual and professional investors, analysts, and business students. Full of practical tips on investment returns, time horizons, risk, and diversification, readers will learn to forecast realistic returns. Finally, a special chapter on the Internet not only gives readers the low-down...
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