“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. The coverage of less-reported indicators, especially those from nongovernment sources, is hard to find elsewhere. The inclusion of the actual published tables helps the newer student of the markets find the data in the public release. 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, Chief Economist, Standard and Poor’s
“I find Baumohl’s writing fascinating. In addition to the famous indicators, he includes many that I hadn’t heard of. I really appreciate that he tells you exactly where to find each indicator on the Web. Just about anyone who’s serious about understanding which way the economy is headed will want to read this book. It could be a classic.”
–Harry Domash, Columnist for MSN Money and Publisher, Winning Investing Newsletter
“Bernie Baumohl has accomplished something of real value in The Secrets of Economic Indicators. He has successfully demystified the world of financial and economic news that bombards us in our daily lives. Both professional investors and casual observers of the world of finance and economics will be grateful for what he has done. The constant stream of heretofore bewildering news from the world of business and finance can now be easily understood. Every businessperson or investor should keep a copy of Baumohl’s book close at hand as he or she catches up on the business, stock market, and economic events of the day. 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 of Johnson Illington 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. The daily flow of high frequency economic indicators is the stuff that makes financial markets move and that can signal the big trends that make or break investor portfolios. Most important, Bernie’s long experience in reporting economics for Time Magazine helps make the ‘dismal science’ lively and interesting.”
–Allen Sinai, President and Chief Global Economist, Decision Economics, Inc.
“Baumohl has a gift for taking a complicated subject and allowing it to read like a fast-moving novel. My confidence in reading and understanding economic indicators as portrayed in this book made me realize the possibilities this information holds for improving my personal net worth as well as navigating my business toward higher profits. I recommend this book if you care about your future finances.”
–Morris E. Lasky, CEO, Lodging Unlimited, Inc.; Manager and consultant for $6 billion in hotel assets; Chairman, Lodging Conference; Chairman, International Hotel Conference
“I think this is an excellent book. It’s well written, accessible to a variety of readers, deals with an interesting and important subject, and covers the topic well. It deserves to get a lot of notice and use.”
–D. Quinn Mills, Alfred J. Weatherhead, Jr., Professor of Business Administration, Harvard Business School
“Economic statistics, employment data, Federal Reserve surveys. Think they are boring? Think again! They can drive markets into a frenzy, causing billions of dollars to be made or lost in an instant. Bernie Baumohl brilliantly, clearly, and, yes, entertainingly describes what every investor and business manager should know about economic indicators: which ones move markets, how to interpret them, and how to use them to spot and capitalize on future economic trends. The Secrets of Economic Indicators is an extraordinary and insightful work–an enormously important contribution to the body of financial literature. Read it and then keep it on your desk. Consult it the next time you are deluged with a flurry of economic statistics. Your understanding certainly will be enhanced, and your portfolio will likely be as well.”
–Robert Hormats, Vice Chairman, Goldman Sachs (International)
“If you want to make money investing, this is an essential trend-tracking tool that will help get you to the bank. This book is the real deal. Bernard Baumohl miraculously breathes life into deadly economic indicators and boring statistics . . . he knows what he’s talking about, and his expertise proves it.”
–Gerald Celente, Director, The Trends Research Institute
COMPLETELY UPDATED! THE PLAIN-ENGLISH, UP-TO-THE-MINUTE GUIDE
TO ECONOMIC INDICATORS: WHAT THEY MEAN, AND HOW TO USE THEM!
Every day, investments bounce wildly in response to new economic indicators: statistics that provide crucial clues about the future of the economy and the markets. Now, you can use these indicators to make smarter investment decisions, just like the professionals. You don’t need an economics degree, or a CPA–just The Secrets of Economic Indicators, Second Edition!
Using up-to-the-minute examples and real-world stories, former TIME Magazine senior economics reporter Bernard Baumohl illuminates every U.S. and foreign indicator that matters right now. You’ll learn where to find them, what their track records are, how to interpret them, and how to use that information to make better decisions.
Baumohl has thoroughly updated this best-seller with new data, new examples, new indicators, and revised analyses–including a new assessment of the value of yield curves in predicting business cycles. Thousands of investors and business planners swore by the First Edition: these updates make it even more valuable.
• New! Today’s 10 most crucial leading indicators
Better ways to predict economic turning points in time to profit
• Get ahead of the curve with the latest U.S. indicators
New insights into U.S. employment, monetary policy, inflation, capital flows, and more
• Emerging foreign indicators you need to track
From China to India, Europe to Brazil...and beyond
• Making sense of indicators in conflict
What to do when the numbers disagree
• Finding the data
Free Web resources for the latest economic data
• Which economic indicators really matter right now?
• What do they mean for stocks, bonds, interest rates, currencies...your portfolio?
• How can you use them to make faster, smarter investment decisions?
• Simple, clear, non-technical, friendly, usable...the only book of its kind!
• By Bernard Baumohl, renowned economic analyst and former award-winning TIME Magazine financial journalist
New edition, with extensive new coverage:
• Many new U.S. and global indicators, from new employment reports to box office receipts
• New examples and up-to-the-minute data
• Updated analyses of yield curves and other key metrics
• More international coverage
• New rankings of leading economic indicators, and much more
About the Author xiii
What’s New in the Second Edition? xv
Preface xvii
Acknowledgments xxiii
Chapter 1 The Lock-Up 1
Chapter 2 A Beginner’s Guide: Understanding the Lingo 17
Chapter 3 The Most Influential U.S. Economic Indicators 25
Chapter 4 International Economic Indicators: Why Are They So Important? 325
Chapter 5 Best Web Sites for U.S. Economic Indicators 373
Chapter 6 Best Web Sit...
Author: Bernard Baumohl
Paperback:
432 pages
ISBN13: 9780132447294, Condition: NEW, Notes: Brand New from Publisher. No Remainder Mark.
Company: Wharton School Publishing
(2007-08-03)
ISBN: 0132447290
List Price: $19.99
Amazon Price: $12.55
Used Price: $12.49
The Economic Report of the President for 2010 is written by the Chair of the Council of Economic Advisers. An important vehicle for presenting the Administration's domestic and international economic policies, it provides an overview of the nation's economic progress with text and extensive data appendices. For more than sixty years, the Economic Report has provided a nearly contemporaneous record of how Administrations have interpreted economic developments, the motivation for policy actions, and the results of those interventions. This year's volume has attempted to stay true to this proud legacy. It provides a detailed economic history of the first year of the Obama Administration. It examines the economic challenges that we face as a Nation, the many policy actions that have already been taken to address these challenges, and the President's proposals for further action. The economic challenges facing the Nation when President Obama took office were among the greatest in our history. Last January, the American economy was truly in freefall. Real GDP was falling at an annual rate of more than 6 percent and the U.S. economy was losing jobs at the devastating rate of almost 800,000 per month. Our financial markets, having narrowly avoided collapse in the financial panic of the early fall of 2008, were paralyzed with fear, and borrowers of all sorts, from households to small businesses to large corporations, were having trouble accessing the credit necessary for normal economic activity. The threat of a second Great Depression was both genuine and terrifying.
This completely revised and updated third edition of Thomas Sowell's instrumental work includes a new chapter on government finance. Basic Economics is a citizen's guide to economics--for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy--capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.
Finally! A book about economics that won't put you to sleep. In fact, you won't be able to put this one down. 
If you think economics is a complicated discipline that’s reserved for theorists and the intellectual elite and has nothing to do with you, think again. Economics impacts every aspect of our lives, from what we eat, to how we dress, to where we live. Economics might be complicated, but it has everything to do with you. 
The Separation of Government and Religion // Oct 16, 2009 at 2:11 pm
[...] ← Animal Healthfare [...]
That is a very accurate concept that many people will never see. Many Zoo Keepers around the world think they can take care of the Animals better than Mother Nature can. Just like the Government thinks they can take care of our families better than we can.