Book by Slifer, Stephen D., Carnes, W. Stansbury
"synopsis" may belong to another edition of this title.
What do savvy investors know about economic indicators? They know that this information moves markets. And knowing how and when the market will move is the key to trading success.
With By the Numbers: A Survival Guide to Economic Indicators, the authors have compiled an authoritative text on how the key indicators work, what effect indicators have on the markets, and how to interpret the reactions of financial markets to economic news.
In addition to skillful explanations of the indicators, the authors also cover fixed-weight GDP, and the impact of Federal Reserve policy and operations, interest rates, corporate profits, inflation, and the dollar on the economy.
A lucid, easy-to-follow and authoritative guide to the economic indicators and their impact on the financial markets. Messrs. Slifer and Carnes are two skilled practitioners who understand--and can explain--how the economy and markets work.
Steve Slifer has been down in the trading pits when numbers come out. Heknows what it is like. That's why By the Numbers is different from the usual financial book--it gives the economists' view through the prism of market experience.
Explains to investors how the key indicators work, what effect they have on financial markets, and how to interpret the reactions of the markets to economic news. Includes such stars of the evening news as gross domestic product, employment, retail sales, housing starts, and the Index of Leading Economic Indicators. Also discusses the operation and impact of the Federal Reserve Board. Very colorfully illustrated with charts, graphs, and tables. An enclosed 3.5" disk contains a demonstration version of Global Portfolio Manager for Windows. No bibliography. Annotation c. by Book News, Inc., Portland, Or.
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