Publisher's Synopsis
The Investor's Guide to Economic Indicators explains how to analyze, interpret and use the economic numbers we hear and read about every day, but which few people really understand. Written in an easy, engaging style, it explains which of the literally hundreds of published indicators are worth following, which aren't and what they mean. It reveals how the numbers actually relate to investment results in the financial markets, how to spot emerging trends and how to translate trends into investment strategies. Nelson also shows how to use lesser known indexes - such as the Dow Jones Commodity Spot Price Index, which gives a more accurate indication of inflation than either the Consumer Price or Producer Price Indexes and is out weeks ahead of both.