The bestselling guidebook to the world's most trusted newspaper, now fully revised and updated
The Wall Street Journal has long been an essential daily business resource, and since 1984, The Irwin Guide to Using the Wall Street Journal has helped professionals understand and get full value from the paper's detailed, up-to-the-minute information. The book's clear explanations and illustrations have helped more than a quarter million readers skillfully use the Wall Street Journal to identify market-moving events, track business cycles, find facts and figures, get before-the-bell access to vital information, and more.
Dramatic changes in both the global business arena and the Journal itself have led to the need for a revised and updated guide. The seventh edition features:
"synopsis" may belong to another edition of this title.
It's quaint that in this day of search engines to help us find more search engines, some old-fashioned reference books are still perennial sellers. When The Irwin Guide to Using The Wall Street Journal premiered in 1984, the future day traders of the world weren't trading much more than Atari cartridges. So, the advent of this sixth edition--penned, as ever, by Michael B. Lehmann, a University of San Francisco economics professor who has developed a popular seminar class around it--receives a round of well-deserved kudos.
Even if, that is, its title remains a bit of a misnomer. For this is not, nor has ever it been, so much a guide to using the WSJas it is a tidy primer on the fundamental workings of the U.S. economy and stock markets, intended not just to help readers enjoy the WSJ more, but to help them more fully comprehend what they read there. Lehmann covers just about everything, like a rigorous-but-not-draconian year of Economics 101: from how and why interest rates affect markets and when to expect the next recession to the Federal Reserve's impact on your investment portfolio and which fixed-income market is right for you. The guided tour Lehmann gives is well organized and accessible to the average financial layperson who can handle sentences slightly longer than those in USA Today and doesn't think "Federal Reserve" refers to an early 19th-century architectural style. A certain amount of patience may be called for, too: though no opaque academic text, The Irwin Guide is far from one of those Dummies/Idiots books that somehow crams the greatest matters of civilization into what generally look like coloring books for adults. Lehmann's text is dense, relieved only occasionally by various charts or articles previously published in the WSJ. Curious is the near-total absence of terms you would have expected to see in an update from the 1996 edition--terms like "Internet," "dot-com," and "WWW." But after six editions you have to think that Lehmann's a sly one--maybe he speaks most eloquently of how the current dot-com/IPO mania will play in the long term by saying absolutely nothing. --Timothy MurphyFrom the Back Cover:
How to improve your investment performance with The Wall Street Journal--with online research strategies specifically designed for WSJ.com!
Each business day, The Wall Street Journal delivers an unmatched array of information and charts on what exactly is happening in the U.S. economy and markets. Everything you need to dramatically improve your investment results, over both the short- and long-term, can be found in the Journal.
But only if you know how to use it. The Irwin Guide to Using The Wall Street Journal, Seventh Edition, a bestseller in six previous editions, has now been comprehensively updated and revised to include:
Thousands of investors read the Wall Street Journal every day without truly understanding its capabilities. The Irwin Guide to Using The Wall Street Journal will help you become one of the fortunate few who know how to combine the print and online versions of the Journal into a complete resource for investing in, and unlocking the mysteries of, the U.S. stock market.
Since it was first published in 1984, The Irwin Guide to Using The Wall Street Journal has shown more than a quarter-million investors how to locate, understand, and profit from the financial information found every day in the Journal. This seventh edition expands and updates on the book’s wide-ranging charts and information, making it the most complete and up-to-date Wall Street Journal user’s guide available.
For the first time, this latest edition also focuses on the Journal’s companion website, WSJ.com, and introduces you to the myriad ways in which the online edition complements and expands upon the print edition Examples of actual onscreen pages help you quickly navigate the site to get just the information you need. In addition, step-by-step directions walk you through four sets of data-gathering procedures of particular value to investors:
The Irwin Guide to Using The Wall Street Journal covers virtually every financial aspect of business and the economy. It shows you how to quickly find and interpret data and information on literally hundreds of critical topics, including how and why interest rates affect markets, how deficits impact the inflation rate and stock prices, the impact of the Federal Reserve on your investment portfolio, and strategies to manage and even reduce the risks of commodities and futures investing
The Wall Street Journal is the authoritative source for business and investment news. The Irwin Guide to Using the Wall Street Journal shows you how, by understanding a handful of key statistical reports in the Journal, you can get a surprisingly quick and firm comprehension of the ups and downs of the American economy, and use that comprehension to dramatically improve both your short- and long-term investment performance.
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