The Economic Indicator Handbook - (Bloomberg Financial) by Richard Yamarone (Hardcover)

Book Synopsis

The Economic Indicator Handbook helps investors more easily evaluate economic trends, to better inform investment decision making and other key strategic financial planning. Written by a Bloomberg Senior Economist, this book presents a visual distillation of the indicators every investor should follow, with clear explanation of how they're measured, what they mean, and how that should inform investment thinking. The focus on graphics, professional application, Bloomberg terminal functionality, and practicality makes this guide a quick, actionable read that could immediately start improving investment outcomes. Coverage includes gross domestic product, employment data, industrial production, new residential construction, consumer confidence, retail and food service sales, and commodities, plus guidance on the secret indicators few economists know or care about.

Past performance can predict future results - if you know how to read the indicators. Modern investing requires a careful understanding of the macroeconomic forces that lift and topple markets on a regular basis, and how they shift to move entire economies. This book is a visual guide to recognizing these forces and tracking their behavior, helping investors identify entry and exit points that maximize profit and minimize loss.

• Quickly evaluate economic trends
• Make more informed investment decisions
• Understand the most essential indicators
• Translate predictions into profitable actions

Savvy market participants know how critical certain indicators are to the formulation of a profitable, effective market strategy. A daily indicator check can inform day-to-day investing, and long-term tracking can result in a stronger, more robust portfolio. For the investor who knows that better information leads to better outcomes, The Economic Indicator Handbook is an exceptionally useful resource.

From the Back Cover

In today's vastly interconnected markets, in an age when digital capabilities generate and distribute information in a flash, understanding the macroeconomic forces at work every day is essential to managing risk and getting in front of the next big movers. These underlying trends shift economies the same way earnings releases move stocks, which makes following economic indicators a core practice of successful investors and traders. The Economic Indicator Handbook conveniently offers an illustrated tour of all the major indicators to habitually watch.

Written by famed Bloomberg economist Richard Yamarone, this authoritative guide opens up the full potential of Bloomberg Professional service's market-moving news, independent research, and unparalleled data across financial asset classes. In an engaging and completely practical treatment, you get a single, comprehensive source of everything you need to make more informed decisions and highly accurate forecasts based on a higher-level understanding of time-proven indicators. History does repeat itself, and you can train yourself to see the signs of what's to come with this visual resource--from nuts-and-bolts guidance for accessing specific information on the Bloomberg terminal to explaining how various indicators are calculated, when they appear in the financial news cycle, and how they impact markets. Start putting knowledge into action and make more from the markets with:

• A complete list of under-the-radar indicators very few economists know about
• End-of-chapter questions to support self-learning and retention
• Personal insights from the author's network of top practitioners around the world

Maximizing profits and mitigating losses is easy when you know where prices are moving, and The Economic Indicator Handbook is your key to piecing together market sentiment.

About the Author

RICHARD YAMARONE is a Bloomberg Senior Economist with more than three decades of experience with monetary and fiscal policy, economic indicators, fixed income, commodities, and general macroeconomic conditions. He is creator of the Bloomberg Orange Book as well as author of Trader's Guide to Key Economic Indicators. During his career, he has received numerous accolades for his work, including landing on USA Today's top-ten list of economists and being named "Nostradamus of the Financial Industry" by Bank Advisor for predicting the financial crisis.