An expert helps readers understand what the big economic picture means for their money, and how to respond.
Today's investors must play an active role in the managing of their money. This guide introduces the leading U.S. economic indicators and shows how to use them in make better investment decisions. Indicators covered include: national output; employment; consumer reports; housing and construction; and inflation.
? The recession: the days of putting money in an index fund and forgetting about it are over
? Most books on economic indicators are too academic, aimed at professionals, and written before the financial crisis
? Author with over 25 years experience of tracking the economy
About the Author
R. Mark Rogers spent 19 years with the Federal Reserve Bank of Atlanta. He also has served as macroeconomic forecast coordinator for the Macropolicy Group, as well as written books on economic indicators. A national lecturer, he is senior U.S. economist with the firm Econoday. He has taught economics at Emory and Clayton State Universities.
Most Helpful Customer Reviews
Admittedly, I am a nut about tracking my investments. In my office I keep the TV set on CNBC, sort of like fast moving wall paper. But almost everyday Economic Indicators are a top-line story. Today it was unemployment claims, and lo and behold, I quickly thumb to Chapter 6 and there is is. The presentation has the definition, key facts behind the data, and a "just right" level of data analysis so you can learn enough to feel smarter than the talking heads on TV. Seems especially timely for these days of recession and self managed 401(k) pensions. I feel lucky to have access to such thoughtful analysis. In college economics my text was Samuelson. I dreaded opening it. Not so for Rogers treatment. Everything you need to keep up with the pros, in a thoroughly accessable and entertaining format.