Every day, stocks, bonds and currencies bounce around wildly in response to economic indicators like these. They're monitored obsessively by the world's leading money managers. Why? Because they provide crucial, subtle clues about the future of the market -- and of individual investments. Now you can profit from these indicators just like the professionals do. You don't need an economics degree, or a CPA -- just this easy-to-read book. In plain English, renowned economic journalist Bernard Baumohl helps you find the numbers, understand their deepest meanings, and use your knowledge to make fast, smart investment decisions. For each key indicator, Baumohl presents a sample release, insider's information on the indicator's track record, and step-by-step instructions for decoding it. Baumohl covers both US indicators and the foreign indicators that are becoming increasingly important to investors. He answers key questions like: Which indicators are most likely to affect my personal investments or business? How does each indicator affect interest rates and bond prices? Stock prices? The value of the dollar? And what can these reports tell me where the economy's really heading?
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Bernard Baumohl has been Time Magazine's senior economics reporter for nearly two decades. He is an award-winning journalist who has covered the domestic and international economy from TIMEis New York and Washington bureaus. As an economist for European American Bank, he monitored global political and economic risks and forecasted interest rates, inflation, and currency changes. He has also served as an analyst at the Council on Foreign Relations. A frequent guest on TV and radio, he has lectured on economics and journalism at NYU and Duke. He earned the prestigious John Hancock Award for Excellence in Financial Journalism, and holds a Masters in International Economics from Columbia University.
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