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

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

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