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What's the Economy Trying to Tell You?: Everyone's Guide to Understanding and Profiting from the Economy - Softcover

Blitzer, David M.

 
9780070070974: What's the Economy Trying to Tell You?: Everyone's Guide to Understanding and Profiting from the Economy

Synopsis

Explains what the various economic indicators mean and how to use that knowledge for profit

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Review

David M. Blitzer, chief economist at Standard & Poor's, feels that a healthy merger of "common sense and good economic analysis" should ultimately prove fascinating as well as lucrative. To that end, he strives to demystify our frequently puzzling financial system and provide insights into its often enigmatic operation in his book, What's the Economy Trying to Tell You? Everyone's Guide to Understanding and Profiting from the Economy.

Conceding from the outset that "economics is not laboratory science," Blitzer combines cogent explanations of important events and activities with relevant money-management suggestions to advance a series of understandable concepts and practical ideas that could turn the universal pursuit of profit into an intellectually stimulating and financially rewarding fiscal adventure. Without relying on the insider terminology and complicated expositions that typically mark (and mar) such efforts, he clearly shows how to measure and track conditions by following interest rates, inflation, stocks, and other criteria. He also explains the overall importance of various markets, cycles, and key players, and reveals how such information can successfully be used today and in the future. A concluding chapter on additional references includes pointers toward respected old and new media, along with other helpful resources. --Howard Rothman

From the Back Cover

Learn how to understand, intrepret, and predict economic trends the way the experts do! Information about the economy is everywhere, but few people really understand it. Even fewer know how to relate all those bewildering statistics, indexes, formulas, and graphs to the needs and concerns of their own lives. If you're someone who's intimated by all those confusing economic indicators but really want to know how they affect your most important financial decisions, this savvy, jargon-free book is for you! Written by the chief economist of Standard & Poor's, What's the Economy Trying to Tell You? shows you exactly what signs to look for when you're thinking of choosing stocks and other investment products... buying and financing a home... evaluating career options... and more. Learn how to: Spot periods of inflation and periods of recession in advance; Understand the decisions the Federal Reserve makes and how they affect you; "Read" business cycles with the trained eye of a pro; Limit the damage that an inflationary economy can inflict on your pocketbook; Learn precisely which numbers-the debt, the deficit, the GNP, the CPI-matter and which don't... And much more!

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