The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities, 2nd Edition Reviews

• Promises to Become Dog-eared Quickly

  
  By A23SB6VGGB9E8U on 2005-05-18
  On any given weekday, stocks and bonds gyrate in response to some economic announcement.
  
  Bernard Baumohl, a Time magazine economics writer with more than 20 years of experience, has written a guide to these indicators and their importance to the financial markets.
  
  The book promises to become dog-eared quickly. In concise language it explains what Baumohl indicates are the most influential U. S. and International Economic Indicators. Beginning in Chapter 2, the author defines the phrases and concepts essential to an understanding of the indicators.
  
  In Chapter 3 he jumps into the heart of the matter: U. S. economic indicators. Each indicator is evaluated using the following criteria:
  * Why is it important?
  * How is it computed?
  * What does it day about the future?
  * How might stocks, bonds and/or currencies react to its announcement?
  
  In Chapter 4, he examines the 10 most influential foreign indicators using the same criteria.
  
  In the final two chapters, Baumohl provides a list of web sites that compile economic data. What in the past costs thousands of dollars is available on the web at no cost.
  
  If any facet of your life is effected by these indicators, you owe it to yourself to keep a copy of this book nearby.
  
  
  

• Are they real, or are the government numbers?

  
  By A11TZKN0NLBN0Y on 2005-04-04
  Bernard Baumohl's "The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities" starts off with a riff on how investors got sold out by their "expert" advisors and even the stock-issuing companies themselves during the recent crash. He contends investors are in the need for better guidance. The solution, he says, is an individual investor do-it-yourself approach to fundamental macroeconomic analysis based on the reported data that underlies both the domestic and international economy.
  Make no mistake, this is one of the most useful and fundamentally sound readings of how economies really work you will ever see - much more revealing and educational than a raft of academic books purporting to teach us how the theoretical economy is supposed to function. This book magnifies the real workings of an economy (daily, weekly, monthly) - the inputs that produce the outputs - and how the data generated from those workings is reported, analyzed, and used.
  Baumohl lists 4 weekly, 43 monthly, and 9 quarterly releases of data in short outline form along with what they are, when they're reported, and how they're computed, along with their expected effect on the stock market, interest rates, and the dollar.
  His goal, he states, is to answer the question of which indicators pack the greatest wallop in the financial markets and which ones are known for doing the best job predicting where the economy is going, thus influencing investments. He assigns a relevance rating to each of the indicators.
  It's easy to get overwhelmed quickly and Baumohl is right when he laments that "There is too much economic information out there, and not all of it is useful."
  He should have added "not all that accurate" either.
  As you leaf your way through the compilations, you come to realize that the "numbers" that move the markets are frequently incomplete. The queried respondents upon whose businesses and operations are being used to create data are notoriously negligent in meeting reporting deadlines which brings up the question of whether we ever get a full reading of what's being reported. Thus the need for "restating" next time around. But by "the next time," those numbers are irreverent and relegated to history. Question: So, was that big market move last month based on bad info, and if so, will it correct itself when the old data is corrected? Not likely, because a new set of questionable data just got reported and is now at center stage. Deja vu all over again.
  For all the questions it raises, this is a good attempt at trying to get a grip on the maze of financial accounting we're still trying to clean up, but it points out more holes than it fills.
  One thing Baumohl doesn't address which would be a good subject for a follow-on book is that indicators don't have the same influence consistently through time. Each seems to have a life all its own. From the body counts (Vietnam) of the late 1960s, to the oil price increases of the mid-1970s, to the prime rate increases of the late 1970s, right on through the monthly deficit numbers of today, one influential indicator periodically rises to become the focal point of the press and the Wall Street pundits. Relative importance comes and goes with the seasons, and it would have been good to see a 40-year chart clearly delineating how dominant indicators of the time influenced direction of the various markets.
  Another issue not confronted is the role played by hedonic influences on various indicators. How should we adjust for increased computer RAM or safety features of automobiles or effectiveness of medical treatment?
  A third question concerns whether the market's reaction operates in a vacuum. Is the day the report comes out merely one more in a series of "jolts" or does it become the tipping point that truly reverses a trend which was waiting for an ignition spark?
  A final observation sums up the underlying but unspoken concern about the whole system of governmental collected and reported figures. The world's most important investor (Alan Greenspan) obviously relies on these figures to make financial and monetary decisions. It is disconcerting to read how many of these indicators are less than what one would expect them to be. Whether Greenspan can make the correct decisions based on sometimes questionable statistics is a question that perhaps will never be answered.
  In the mean time, we can all learn a lot about the "numbers" that have an increasingly important impact on our daily lives, to say nothing of our investments.
  Read it and consider your options.
  For a different angle on how the markets work see Ron Insana's excellent "The Message of the Markets" (2000) and "Trendwatching" (2002) which deal with the reality of prices rather than suppositions.
  
  
  

• Economic Indicators Make for Surprisingly Compelling Reading

  
  By A13E0ARAXI6KJW on 2005-08-01
  Who would have thought there could be an entertaining book on economic indicators? As the Director of The Economic Outlook Group, a renowned consulting firm that evaluates global economic trends and risks, Bernard Baumohl is well qualified to write a tome about economic indicators no matter how dry the subject matter may seem to be. Luckily for us, he has instead written an excellent primer for understanding them and showing how to apply them to predicting future stock and bond market activity, as well as how the currency market will respond. Baumohl is an informative writer not caught up in details or equations that would alienate all but the most academic. With an easy-to-read writing style, he focuses on the indicators which have the greatest influence in the markets, selectively analyzing the ones that do the best job in predicting where the economy is heading. Moreover, he seeks out the indicators where the data are found most easily and in turn, how we can best interpret them. The author smartly presents his findings in an encyclopedic fashion to provide a run-down on 47 U.S. economic indicators, plus a few essential international indicators.
  
  The book starts with "the lock-up," which he describes as the U.S. government's process to assure simultaneous availability to everyone of economic data when they are released. Such are the safeguards necessary to avoid leaks which would give anyone advance information that could be used improperly. The next section highlights a pivotal chart that takes the components of real gross domestic product - consumption, investment, inventory change, government spending, and net exports - and signs of price pressures, consequently matching each segment up with the key economic indicators for that segment. Subsequent tables list the economic indicators most sensitive to stocks, bonds, and the dollar, as well as the top ten international economic indicators. Suddenly, heretofore foreboding statistics become clear. Baumohl also provides valuable insight into the unpredictable housing market - with several chapters devoted to how to interpret the real estate-related indicators. Quite thorough in his treatment, he also provides a helpful guide to the economic jargon encountered in using the data, such as annual rates, real and nominal dollars, moving averages, revisions and benchmarks, and seasonal adjustments. Perhaps to the chagrin of registered investment advisors, he explains several important indicators that can be used for privately forecasting economic growth ignored by the mainstream press and goes as far as explaining how you can easily find these updated indicators (or compute them yourself) in most cases free of charge.
  
  With this background, the book then turns to a description of individual economic indicators. Each entry for the economic indicators listed explains not only the what, why and how behind it but also what impact it can have on stocks, bonds and the dollar. Baumohl goes into the market sensitivity of each indicator (very high, high, medium, low), its availability on the Internet, release time, frequency, source, and revisions. I also find it interesting how he can lucidly explain how each indicator is computed. The author also goes into a relatively cursory discussion of international economic indicators and why they are important. In the same format as that provided for U.S. indicators, he also lists ten most important international indicators that include data for Germany, France, the Euro zone, the OECD, China, and Brazil. The last sections discuss the best Web sites for U.S and international economic indicators. This is a smart, informative read for anyone curious about the intricacies behind economic forecasting and the effect it has on our lives.
  
  

• Recommended to everyone interested in Economics!

  
  By A15E8KFIHSEJLX on 2004-11-07
  Baumohl, a former economics reporter for Time magazine, has written a tremendously useful source on economic indicators. Using examples from real life, he starts out by explaining in detail the importance of these indicators to the investing community and defining the terms used when discussing measures of economic performance. The most valuable section of the book provides detailed descriptions of over 40 economic indicators, among them employment, consumer spending, national output and inventories, housing and construction, foreign trade, and productivity and wages. Baumohl considers a variety of factors when describing each indicator, such as what exactly it measures, how it is computed, where to find the relevant report on the web, the day and time this report is released, the source of the information, and how often the information is revised. He also discusses the market impact of these indicators on bonds, stocks, and currency. The book ends with profiles of international indicators and a listing of where to locate them on the web. Bottom Line: Although this book is marketed as a tool for investors and is not organized like a typical reference book, it belongs in the reference collection because it explains so clearly what the various economic indicators are and how to locate data about them. Recommended for all libraries.
  
  

• Should be made mandatory readings for all MBAs

  
  By A1SN52S68RLJVG on 2004-11-28
  Have never seen a book on financial/economic indicators that's so comprehensive and easy to read. Great graphics. Really well-written. Baumohl has a gift for taking a complicated economics and finance ideas and bringing it in the easy to read form.
  
  
• Excellent
  By A22LX6529JJ166 on 2006-08-05
  There is so much information in this book a review need only be brief. "The Secrets of Economic Indicators" has the most accurate and concise definitions for terms, indicators, indexes, and general information about them than most other books on this topic. All of the contact information on these agencies and groups are provided. The brilliance in this book is its a) organization b) succinctness c) writing style. Written to point, and for the layperson. Easy reading.
  
  Many terms that you hear and don't hear on financial channels and newspapers are provided with definitions. Including the weight analysts place on these specific terms, numbers, and indexes. Some are more important and relevant than others. What do Leading Indicators mean? Which ones tell more than the others? And, what does this mean for someone who's investing, or thinking of investing?
  Are we about to turn a corner for better or worse? Domestic to International. Japan, Germany, China, and Brazil for example.
  
  Here are the basic introduction backgrounds for most reports and surveys:
  
  What is it:
  News Release on the Internet:
  Home Web Address:
  Release Time:
  Frequency:
  Source:
  Revisions:
  
  Why Is It important:
  How Is It Computed:
  Tables:
  Market Impact:
  -Bonds
  -Stocks
  -Dollar
  
  So what is the "Value of Manufacturer Inventories for Industry Groups?" Find out it in this book. What is included in Index of Lagging Indicators. Who (what people), are included in the Coincident Indicators? Critical to these reports is the "Market Impact." What impact does a report have? Do "Factory Orders" have on the financial markets? Not much.
  
  Anyone can use this book. Students, investors, teachers, or someone who wants to know about what these reports mean. This is the most informative and the best written I've come across. It'll never become outdated.
  
  
  
• Superbly written and organized. A great aid for students.
  By A7L8BH3UF9KHZ on 2004-11-18
  Gee, I wish my professor had recommended this book on economics from the beginning. It would have made my life a lot easier. This author nicely connects all the dots in explaining the links between the economy and individual economic indicators. I've read and gone back to it a few times because it helped clarify some concepts I struggled with in class. I recommend this book to anyone studying economics or business administration.
  
  
• A Good Reference Guide to Economic Indicators and Their Sources
  By A2KUV1CBK3ZXKK on 2006-02-06
  This book by Baumohl is a good book to have in one's reference library if you use government and private indicators to try to ascertain where the economy and, more specifically, the stock market might be headed. Bernard has not only listed all the most common indicators, but has given the source, quality, reliability, timing, and importance of each indicator upon the markets.
  
  Will this book make you a better trader or investor? By itself, probably not. But, it is always useful to understand what indicators the 'general public' is viewing and how these indicators tend to impact on an un-informed investor's actions. It is probably a book more useful to a seasoned investor who is continuing to work to improve his investment analysis methods and his understanding of how various indicators can 'psychologically' impact the markets.
  
  
  
  
• Good reading ....
  By ATYL8TNMY3YV7 on 2004-11-25
  Statistics do not usually top one's list for dynamic reading material, but Bernard Baumohl seeks to challenge that perception in his book.
  
  Baumohl, an economist and financial journalist, whose experience has included time as an analyst at the European American Bank and at the Council on Foreign Relations, illustrates how economic indicators have an impact on our lives. Whether a key indicator goes up or down can influence a series of reactions in the markets including gas pump prices, performance of our 401K, and whether we still have a job.
  
  For the first time, thanks to the Internet, the general public now has easy access to all these numbers, and Baumohl wants to be our guide to the statistics that matter. So here you will find clear descriptions of each well-known indicator, from gross domestic product to housing starts, along with interpretations of what the indicators really mean.
  
  And you'll also read about foreign figures such as those tracking China's industrial production. The U.S. is the largest producer of economic statistical data, but a review of international indicators is necessary as well, says Baumohl. "Nearly half the earnings of the S&P 500 firms come from business generated outside the U.S. More than 22 million American workers-nearly two in ten jobs-are linked to foreign trade. One out of every four dollars generated in the U.S. economy is based on trade. What this all boils down to is that foreign economic indicators should be followed with the same regularity, interest, and scrutiny as the domestic indicators."
  
  The book also includes a comprehensive list of mostly free Web sites where one can drill down on economic indicators cited in the book. Good reading for investors, financial pros, researchers, and journalists
  
  
• Great Book About Economics
  By A71QBZOGQAVRC on 2004-11-27
  Finally, a book that makes sense. I had bought books on the economy and about Wall Street before but they were either poorly written or too theoretical. Many turned out to be a waste of time to read. This book however, is far superior and highly readable. I'm half way through it and have already learned more than all the previous books I read combined. This one is a keeper.
  
  
• The only reference to economic indicators you need
  By A1S3C5OFU508P3 on 2005-05-30
  This book is the definitive reference encyclopedia for anyone interested in learning about economic indicators. It opens with a list of the primary U. S. and international economic indicators. The second chapter is a quick description of the terminology used to qualify an economic indicator. Phrases such as "moving average" and "seasonal adjustments" are explained.
  The real material of the book begins in chapter three, "The Most Influential U. S. Economic Indicators." Each of the 47 indicators is described in detail, according to the following outline:
  
  *) Market sensitivity.
  *) What is it?
  *) News release on the Internet.
  *) Home web address.
  *) Release time.
  *) Frequency of release.
  *) Source.
  *) Revisions.
  *) Why is it important?
  *) How is it computed?
  *) The tables, clues on what's ahead for the economy.
  *) Market impact.
  *) Bonds.
  *) Stocks.
  *) Dollar.
  
  Chapter four describes the most significant international economic indicators. Three are German, two Japanese, one French, one Eurozone, two global, one Chinese and one Brazilian. These indicators are presented in the order of their importance. It must be noted that some of the U. S. economic indicators also deal with international business issues. Chapter five is a list of the best web sites for U. S. economic indicators and chapter six lists the web sites of the international economic indicators.
  From now on, this book is my bible that I will consult any time that I have any question about an economic indicator. The explanations are clear, entertaining and can be understood by anyone with a fundamental understanding of economics.
  
  
  
• Not believing these phoney reviews
  By A2L8RCOVJ0V03R on 2005-12-30
  This book is another book that promises market-beating returns. This sort of promise is often dubious. I also don't believe that EVERYONE rates this at FIVE STARS and that almost EVERY REVIEW was FOUND HELPFUL. Shame on publishers who pimp their own books on here!
  
  
• Excellent primer on US and foreign economic indicators
  By A2DZN4R1ADD1XS on 2004-09-22
  Like so many others, I have no formal economics background but I do often tinker with my investments and watch the markets. I came across this book last week and read it over the weekend. Great stuff! These economic statistics are known to pound the markets and this is one of the few books, I think, that explains the cause and effect in the clearest terms. Even the tables in the book, something which normally turns me off, worked in this instance because the author shows the reader how to pick and choose the most important news in the data. It's very cleverly done. The book also has one of the best collections of web sites on US and international economic news and information I've seen. Highly recommended.
  
  
• A Superb Work
  By A22AHEQFXWBDVE on 2005-09-05
  Any trader or investor - indeed anyone with an interest in how our economy works - would certainly profit from owning and using this book. Baumohl takes what is normally considered to be a rather dry subject - economics - and succeeds in making it both interesting and highly informative reading. A must-have reference for anyone & everyone who has more than a smattering of a reason to pay attention to the ups & downs of this fascinating subject...Highly recommended
  
  
• Used this book in currency trading
  By A1UAT649M4KH2Z on 2005-07-19
  This book is very, very helpful and easy to read. All the financial jargons that i thought i could never understand was so easily yet precicely explained and i started using the information learned in my currency trading to make money and it works. This book is a must have...thanks to the author.
  
  
• Great explanation, easy understanding!
  By A1JHHOU7MD7RFW on 2005-09-20
  The author definitely achieved his goal of explaining reports, some of them more complex than others, with simple words. I recommend this book not only to people who work in the financial area, but to all kind of investors.
  
  
• Fantastic Book!!
  By A2RJV15CNNSKAW on 2004-10-17
  Moving from academia to the real world is made much smoother with this great text by Dr. Bernard Baumohl. His choice of topics, organization and writing are superb. Anyone interested in gaining a strong economic background with a quantitative degree like myself will find this book extremely useful.
  
  
• Clear and Informative Description of Economic Indicators
  By A1M8PP7MLHNBQB on 2006-03-12
  The old saying goes: 'Forecasting the future is easy, It's being right that's hard.' Is this book going to help you to be right more often. MAYBE.
  
  There are a bunch of reports generated on a regular basis by a bunch of people, there are a lot of people who then look at these reports and make projections as to what the markets are going to do. If you understand what generates the reports, and if you can get the report at the same time everyone else gets it, and if you can then analyze it in the same way that they do, then maybe you can make some decisions that will lead you to a profit.
  
  The trouble comes when you see that something is up nicely, but the market has predicted that it would have gone up more and so views this as a bad sign.
  
  In this book Mr. Baumohl does a supurb job of listing the available indicators, describing what they use as input data, and gives some clues as to what these indicators might be predicting. A warning though. Just as you think you understand what indicators are driving the hot shots of the market, the next show you see or report you read will have the experts all of a sudden referring to some other indicator.
  
  Great job of explaining what the experts already know -- good luck.
  
  
• Good Book
  By A16J59ZKKOFXIB on 2006-06-26
  I used this book for a course at school and i coupled it to econoday.com and found the compbination of the two resources an excellent way to understand the real world of business.
  
  
• Only because it's not a novel
  By AHYPTJ5ZE7EX1 on 2007-03-08
  I'm rating it 4 stars instead of 5 only because it's not action packed :) The subject of this book would normally be extremely boring and academic, but the author puts it so well that you actually want to continue reading. I'm in the Finance industry and it was still so valuable, because you learn from the indicators from hearing about them. But the information in this book sometimes made me understand better how the economy works, and how news of economic indicators affect my investment portfolios.
  
  
• For anyone who wants a better understanding of the economy
  By AUHG8KSHI529U on 2005-05-24
  What a terrific resource! Most of us read news stories or hear them on TV and radio that refer to this or that economic indicator. The reporter says a few words about what that indicator behaving that way means, but we have no personal knowledge of what those measure mean, what was measured, or how professional investors actually use a given indicator (if at all).
  
  Bernard Baumohl has done every investor or interested generalist who cares to do serious homework on the economy a solid tutorial on what economic indicators are, a primer on the lingo, a huge chapter on the dozens of measures for the U.S. economy, a smaller chapter on the foreign economy, and a list of web resources you can use to look at the data for each of them.
  
  In chapter three each of the indicators is given its own profile. The author provides a quick snapshot of how strongly the market responds to the indicator, what it is, where to find it on the internet (and whether it is free or for pay), release time, frequency, source of the indicator, and how often or how likely it is to be revised. Then there is a brief essay on why the indicator is important and often shows and explains the data in the report.
  
  Not only is the information in this book valuable, it provides you with resources for as much research and work as you want to do in getting a handle on the economy so you can better understand its impact on your investments and economic future.
  
  Recommended.
  
  
• For the Savvy Investor
  By A2FCZUIDGEUJ6D on 2005-11-12
  Fascinating insights. Gives you a more thorough understanding of savvy investing, which is all about reading the market and becoming aware of smart opportunities. Well written and well done!
  
  Dr. Henry Toof
  Cambridge, MA
  
  
• Excellent book
  By A1S54HORFAK4IN on 2006-01-16
  This book tends to solve the problem. It brings all the scattered pictures together. It is well written, very interesting and easy to read. I have a comp. sci. undergrad degree. I used this book for my first economics class in grad school.
  
  
• Highly Recommended Reading
  By A1TS6DMBATST0A on 2006-06-10
  This is the book I suggest getting if you are trading reports in my group. Very well written and excellent research! I have been trading and teaching Fundmanetal Trading in foreign exchange for several years. This is a must have item for my students.
  
  
• Great for beginners
  By A25JLLHS4DX3FZ on 2007-01-11
  It is a great book for those trying to understand financial news, after reading this I now do understannd what's going on. You don't have to read it entirely, you can just find today's economics released news, go to the book section related to the indicator you just heard of and that's it.
  
  
• Good Resource
  By A2EPYN7YW0I9RO on 2007-08-27
  The author does a thorough job detailing each individual variable that he covers. In addition, he gives a good framework for conceptualizing where each variable fits into the overall economic landscape. Categorizing each variable by High, Medium, and Low impact along with an explanation as to why is another important and helpful feature. The individual variable synopsis can be a bit redundant if you are reading cover to cover but the redundancy helps to increase its value as a ready reference.
  
  I recommend that all financial/business analysts have something like this unless they are so fully immersed in this data that it is second nature.
  
  The only reason for 4 stars is that it is pointed a bit too much toward the lay reader (but of course this was the author's original audience so, bravo).
  
  
• Insightful and well-written
  By A1T6PXM2M3N84A on 2005-12-12
  Everyone seems to know the importance of economic indicators and that when each one is released it may affect interest rates, inflation, stock prices, home prices, or a myriad of other items that directly affect our national and personal economy. In this book the author provides an excellent education on the various indicators including how they are determined, what they mean, why they have the effect they do when issued, and how to interpret them. I really enjoyed that the author makes this somewhat complex subject approachable to the average person. Mr. Baumohl actually makes economics interesting and easy to understand. Businessmen, investors, and anyone else who needs to understand economic indicators and what they mean would be well served by picking up a copy of The Secrets of Economic Indicators.
  
  
• A reference book must have
  By A1W5YWFSKX9ENC on 2006-02-20
  I was a little surprised to see Chief Bootknocka's review that this book in any way purports to produce market-beating returns. This book will make you more fluent in your understanding of economic indicators: their import, measurement, periodicity and accuracy. As economic indicators are the tea leaves in trying to read what is happening with economic trends and as these indicators will affect your economic health, you owe it to yourself to cultivate a basic understanding. With that basic understanding, you can sift through the prodigous commentary (and divergent opinions) on what is going on with the economy and make a considered judgment for yourself and plan accordingly. Well written and organized. Who knows, you might be able to strike up some interesting cocktail party conversation and your friends will think you are a genius!
  
  
• A great book for students and lousy choice for Investors!
  By A16ZJQQTU5AXC4 on 2007-09-24
  The utility of this book is directly related to what your objective is going to be ..
  
  1. If you are a student who want to learn economic indicators, this book is a must read. In simple language and interesting examples, every economic indicator is explained.
  
  2. If you are like me, an investor trying to decipher the economic indicators to make meaning to your investing decisions , you are better off tracking the tigers directly than analysing the terrain and weather patterns ( with some high level information that you can pick up from yahoo finance,CNBC etc ..example : Missed Durable goods meant stocks are down today )
  
  Still if you are determined to understand the economic indicators, this is how you can maximise your time..
  
  Every Chapter is an economic indicator has the following sections:
  
  Market sensitivity (read the chapter if it is high or skip it entirely)
  Why is it important ( read it)
  How is it computed ( skip it)
  Market Impact ( read it)
  
  The world is already complicated and in a frenzy. Spend your time with your kids, get some fresh air or even watch TV than reading these type of academic books (Exception Students and to some extend Money managers)
  
  Usually market takes care of the numbers within the first 15 minuts of a trading day on bad or good news!I am sure Warren buffett wont spend more than 15 minutes of his time a week digesting these news ( if at all he follows it)
  
  If you trade sporadically, You may chose to read my review about an excellent stock market related book... Something that you can act upon!
  
  The Successful Investor: What 80 Million People Need to Know to Invest Profitably and Avoid Big Losses
  
  
• Best book on Economic indicators I've read
  By A9SMRHTTFQC2H on 2007-08-30
  This book was EXACTLY what I was looking for. I wanted a book that will tell me which economic indicators stocks were most sensitive to, what they were, and what I should look for.
  
  This book for perfect for that. The look lists out the 10 most important indicators for not only stocks, but bonds and the US Dollar currency as well. Not only that, it lists our almost every economic indicator regardless if it's in the top 10 or not. So you read up on every economic indicator regardless of where it's in the top 10 or not.
  
  It also includes foreign economic indicators which was very useful.
  
  If you want to know about economic indicators, this is the only book you need.
  
  

• Ahead of the Curve: A Commonsense Guide to Forecasting Business and Market Cycles
• The Trader's Guide to Key Economic Indicators
• Guide to Economic Indicators: Making Sense of Economics - Sixth Edition
• The Complete Guide to Currency Trading & Investing: How to Earn High Rates of Return Safely and Take Control of Your Investments
• Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders: The Secret Methods that Turned Ordinary People into Legendary Traders