The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities (3rd Edition) - Softcover

Baumohl, Bernard

Softcover

ISBN 10: 0132932075 ISBN 13: 9780132932073

Publisher: Ft Press, 2012

Synopsis

For years, investors, business strategists, and policymakers worldwide have turned to one book to help them translate the massive flow of economic data into knowledge for intelligent decision-making. The Wall Street Journal called this book "...the real deal," saying it "miraculously breathes life into economic indicators and statistics." That book is Bernie Baumohl’s classic best-seller The Secrets of Economic Indicators. Now, in a brand-new Third Edition, Baumohl has thoroughly updated his classic to reflect the latest US and foreign economic indicators, and brand-new insights into what all of today’s leading indicators mean. Baumohl introduces dozens of new, forward-looking economic markers, including those that monitor small business plans, freight traffic shifts, web searches, and even gambling. He also presents several real-time foreign indicators for anticipating swings in European and Asian economies. He explains what’s happened to the global and domestic U.S. economy in recent years, showing how financial crises impact investments, strategy, and economic indicators. New graphics more clearly illuminate how key indicators impact interest rates, bond and stock prices, and currency values; and hundreds of websites containing US and global economic indicators have been updated. This classic book has long been considered an invaluable resource by professionals who need to understand the true meaning of the latest economic trends. With this new edition, Bernie Baumohl has made it even more useful.

About this title

From the Back Cover

“Bernard Baumohl brilliantly, clearly, and yes, entertainingly, describes what every investor and business partner should know about economic indicators. This is an extraordinary and insightful work.”
--Robert Hormats, Former Vice-Chairman, Goldman Sachs (International)

“This is the real deal. Baumohl miraculously breathes life into economic indicators and statistics.”
-- The Wall Street Journal

“This is the most up-to-date guide to economic indicators and their importance to financial markets in print. For anyone trying to follow the economic data, this should be next to your computer so that you can understand and find the data on the Internet.”
--David Wyss, former Chief Economist, Standard and Poor’s

“Every businessperson or investor should keep a copy of Baumohl’s book close at hand. It is great, at long last, to have someone who has eliminated what may have been so perplexing to so many and to have done so with such remarkable clarity.”
--Hugh Johnson, Chairman and Chief Investment Officer, Hugh Johnson Advisors

“Bernie Baumohl has written a must-read educational and reference book that every individual investor will find indispensable for watching, monitoring, and interpreting the markets.”
--Allen Sinai, President and Chief Global Economist, Decision Economics, Inc.

The #1 Plain-English Guide to Interpreting and Using Economic Data--Now Fully Updated!

• New analyses based on up-to-the-minute data
• New easy-to-understand graphics
• New real-time indicators for anticipating global economic swings
• New forward-looking domestic economic markers

More than 80,000 investors, strategists, and policymakers have used this unique book to make smarter decisions and more profitable investments! Now, renowned economic analyst Bernard Baumohl has completely updated his best-seller to reflect the newest global and U.S. indicators and data. Baumohl identifies powerful new indicators of emerging economic shifts, eliminates indicators that have lost predictive value, and explains key points using powerfully intuitive new visuals. The Secrets of Economic Indicators, Third Edition, is simpler, clearer, more relevant, and even more indispensable!

If you want to translate economic data into better decision-making and higher profits, The Wall Street Journal says one book is “the real deal”: Bernard Baumohl’s The Secrets of Economic Indicators. Now, Baumohl has thoroughly updated his classic best-seller to reflect today’s most valuable U.S. and foreign economic indicators and offer new insights into what they mean.

This brand-new third edition introduces many new, forward-looking economic markers, including those that monitor small business plans, freight traffic shifts, Web searches, and even gambling. Baumohl identifies new real-time foreign indicators that help anticipate swings in European and Asian economies and reveals how the financial crises have changed the behavior of even the most familiar indices. Baumohl also lists some free cell phone apps that will keep you on top of the economy and financial markets wherever you are.

New graphics make it easier to understand how key indicators impact interest rates, bond and stock prices, and currency values, and Baumohl has systematically updated his comprehensive listings of U.S. and global Web-based data sources.

Which economic indicators matter most today?
Choose the indices that offer the best predictive value and most crucial insights
How has the new global economic environment reshaped the use of indicators?
Understand the implications of deeper economic integration and increased sovereign risk
How do you transform data into better investment decisions?
Discover how key indicators impact interest rates, bond prices, stock prices, and currency values

About the Author

Bernard Baumohl, Chief Global Economist at The Economic Outlook Group, oversees its forecasts of economic trends and geopolitical risks. He also conducts seminars on how corporate leaders and investors can use forward-looking economic indicators to stay ahead of the business cycle. He has lectured on economics at New York University, Duke University, and the New York Institute of Finance.

 

Baumohl was also an award-winning TIME magazine economics reporter who covered Wall Street, the Federal Reserve, and the White House. As an economist for European American Bank, he conducted research on the global economy. He also served as an analyst with the Council on Foreign Relations. Baumohl has a Master’s degree in international affairs and economics from Columbia University.

Edition details

• Publisher: Ft Press
• Publication date: 2012
• ISBN 10: 0132932075
• ISBN 13: 9780132932073
• Binding: Paperback
• Language: English
• Edition number: 3
• Number of pages: 496