The Trader's Guide to Key Economic Indicators
New economic data are reported by the media virtually every trading day. Investors--big or small--have to understand how these reports influence their investments, portfolios, and future sources of income. The new edition of The Trader's Guide to Key Economic Indicators homes in on the most important economic statistics used on Wall Street today and in a clear and concise voice tells you exactly what these important reports measure and what they really mean. With two new chapters on commodities and fixed-income indicators, this fully updated edition will be an easy-to-use desk reference for new readers, but will also be favored by fans of the first book. From GDP and employment to consumer confidence and spending, you'll learn what to look for and how to react. This handy reference, illustrated with scores of instructive graphs and charts, will put you ahead of the market curves. Richard Yamarone , senior vice president and director of economic research at Argus Research Corporation, has more than two decades of experience on Wall Street, analyzing and researching domestic and international economic trends, monitoring monetary and fiscal policy developments, and forecasting the U.S. macroeconomy. He has consulted monetary and fiscal policymakers, and he serves as an economic adviser to several major U.S. corporations. He has worked for international and domestic money center and investment banks in a variety of senior positions. In addition, he has taught numerous courses on macroeconomics and economic indicators at several colleges and institutions. He has served as president of the prestigious Downtown Economists Club of New York City and is a member of the National Association for Business Economists, the American Economic Association, the New York State Economics Association, and the Money Marketeers of New York University. At Argus Research, Yamarone is a member of the Investment Policy Committee and is responsible for establishing the firm's top-down economic and interest-rate forecasts, as well as its estimates for monthly economic indicators. He makes frequent appearances on business television and radio shows, and is one of the most quoted economists on the Street today. In 2007, USA Today highlighted Yamarone as one of the top ten economists in the nation.
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