Using Economic Indicators to Improve Investment Analysis and over one million other books are available for Amazon Kindle. Learn more
Buy Used
$3.68
+ $3.99 shipping
Used: Good | Details
Sold by -Daily Deals-
Condition: Used: Good
Comment: This Book is in Good Condition. Used Copy With Light Amount of Wear. 100% Guaranteed.
Access codes and supplements are not guaranteed with used items.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Using Economic Indicators to Improve Investment Analysis, 2nd Edition Hardcover – August 24, 1998

ISBN-13: 978-0471254317 ISBN-10: 0471254312 Edition: 2nd

Used
Price: $3.68
9 New from $20.78 18 Used from $3.68
Amazon Price New from Used from
Kindle
"Please retry"
Hardcover, August 24, 1998
$20.78 $3.68

There is a newer edition of this item:

Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student


Simple Rules by Donald Sull
Simple Rules by Donald Sull
Check out the newest book by Donald Sull. Learn more | See related books
NO_CONTENT_IN_FEATURE

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Series: Frontiers in Finance Series (Book 62)
  • Hardcover: 306 pages
  • Publisher: Wiley; 2 edition (August 24, 1998)
  • Language: English
  • ISBN-10: 0471254312
  • ISBN-13: 978-0471254317
  • Product Dimensions: 6.2 x 1.2 x 9.4 inches
  • Shipping Weight: 1.4 pounds
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #4,645,539 in Books (See Top 100 in Books)

Editorial Reviews

Review

"Evelina Tainer has created the ultimate guidebook for market watchers and investors. I never keep it more than an arm's-length away. I also encourage my students to read the book, as it provides an invaluable link between economic theory and its application to the real world." -Maureen J. Maguire, Senior Economist and Principal, NationsBanc Montgomery Securities LLC Lecturer, University of California Extension Program, UC at Berkeley

"Using Economic Indicators to Improve Investment Analysis is a must for any journalist, investor, or student seeking to interpret macroeconomic data. Tainer anticipates basic questions and provides clear, thorough answers while explaining industry-specific jargon. The well-organized format makes her guide an easy-to-use reference tool." -Kristi Barenburg, Reporter, Dow Jones Newswires

Evelina Tainer has produced the definitive user-friendly guide to understanding and using what is arguably the most important body of information for investors in the United States. It is required reading for everyone at Market News Service. For those looking to make intelligent investment decisions, the information in this book is essential." -Michael J. Conner, CEO, Market New Service, Inc.

Praise for the First Edition of Using Economic Indicators to Improve Investment Analysis "The complexity of Tainer's subject matter should not discourage even small investors from studying her work. She is on the mark in describing each of the economic indicators and the typical reactions in financial markets. This book will prove especially valuable for money managers, who might well refer to it almost daily, as government reports flow in. -The Chicago Tribune

From the Inside Flap

Economic indicators are anything but "just numbers"-they are the keys to unlocking invaluable information about market behavior. Read and interpreted accurately, they can lead to successful trading, prudent policymaking, smart consumership, and profitable investing. Getting the most out of these important signs, however, requires a firm grasp of what they signify and what they really mean. Using Economic Indicators to Improve Investment Analysis-now revised and expanded-gives you the handle necessary to understand and effectively use a wide range of essential economic measurements. Covering all the major indicators reported by private and government statistical agencies-including the consumer price index, the employment situation, retail sales, and housing starts-this comprehensive resource provides full descriptions of indicators and what they represent, their impact on the direction of interest rates, exchange rates, and the stock market, and the hows and whys of market reaction. Most importantly, the Second Edition offers practical guidelines for gearing your investment strategies to these ever-changing economic statistics. Written in clear, nontechnical terms and clearly organized by sectors of the economy, this accessible guide:
* Takes a close look at GDP, with an overview of the macroeconomic framework using the standard national income accounting methodology
* Compares and contrasts consumer sector indicators to distinguish which series are more reliable and consistent
* Differentiates between all measures of inflation, and makes the key distinction between inflation in the goods market and inflation in the services market
* Explores foreign market indicators, including the monthly and quarterly indicators for the foreign exchange, domestic bond, and equity markets
* Features revealing "Did You Know?" tidbits, and cautionary "Watch Out" sections that highlight common and uncommon quirks, as well as special factors unique to specific indicators
* Contains new material on the Federal Reserve-how it works and its policymaking system
Cutting through the ambiguity that often surrounds coverage of economic indicators in the business sections and the financial press, this is essential reading for anyone looking to make sense of vital economic figures.

Customer Reviews

There is also too much repetition.
Yin Luo
I recommend this book to anyone who is looking for a good reference book or wants to complement his studies in this field.
Max Perez
It ought to help get through a class, but outside the ivory tower, I'm not sure it will be much help.
Mark Mills

Most Helpful Customer Reviews

17 of 17 people found the following review helpful By A Customer on December 29, 1998
Format: Hardcover
Anticipating a number of delays while traveling over the holidays recently, I picked up a few books from Amazon.com; one I never put down.
Dr. Evelina Tainer has managed, in a succinct manner, to offer academicians (particularly those without practical experience in the world of finance)a way to communicate ideas to students that is compelling and interesting.
I more carefully read about her background only after finishing her book. It make perfect sense that this book was written by an author who has worked in both academic and professional circles. Dr. Tainer integrates material from both perspectives in a meaningful way.
I was particularly fond of the "Did you know" sections where Dr. Tainer fine-tunes a specific notion or concept.
Her discussion of "Seasonal Adjustment" helped to clarify a nubmer of questions that once clouded my understanding.
Academic texts rarely allocate space (for obvious reasons) to details regarding economic indicators. This is where Dr. Tainer's book picks up to bring to light the relevance of the indicators to investment analysis.
I can readily see how Dr. Tainer's, "Using Economic Indicators to Improve Investment Analysis," would be a welcome text in the classroom -- as a stand alone text for an elective course or as supplement to other required texts. I think that students will take to its lucid approach.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
8 of 8 people found the following review helpful By Max Perez on October 31, 2001
Format: Hardcover
This is not only an excellent reference source, but also a very interesting book. People who are not experts in the fields of economics or finance will have no problem grasping the concepts. I keep it in the office for reference and from time to time pick it up to read up on different topics. I've been impressed with Tainer's ability to make these concepts so easy to understand. Her "Did you know? and Market Reaction" sections are also very interesting and provide an inside view as to how government policymakers and financial marketmakers shape the economy in ways that are very relevant to the average consumer. I recommend this book to anyone who is looking for a good reference book or wants to complement his studies in this field. I think that college students can benefit a great deal from it. For those of you who watch CNBC or CNNfn constantly, you stand to benefit the most from a book like this as it will not only teach you the cause and effect of important economic indicators that are put on the screen on a daily basis, but what's more important, the reasons why they impact the economy and the markets the way they do.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
5 of 5 people found the following review helpful By N. Demir Kupeli on July 11, 2006
Format: Hardcover Verified Purchase
From my point of view, this book consists of three parts. Part one, that is, Chapters 1-6, devoted to national accounts and their indicators. Part two, that is, Chapters 7-9, devoted to inflation and inflation related labor and production indicators, and finally part three, Chapters 10-11, is devoted to the central bank and treasury systems. The investment analysis part of this book seems to be the market reaction parts mentioned at the end of each section. Yet they seem to me a little too simplistic for the real world. In the real world, we mostly observe growth cycles rather than business cycles. In other words, business cycle recessions rather than growth cycle recessions are depicted in market reaction parts in this book. Nevertheless this is a good streetwise ECON 101 book. As a final note; although not updated, its second edition seems to me better.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
10 of 13 people found the following review helpful By Mark Mills on August 22, 2002
Format: Hardcover
This book might be a good compliment to an existing library, but I didn't find it very useful myself. I thought the comment of an earlier review's title, 'A Perfect Complement to an academic finance text!' fairly accurate. If you want to know what the talking heads on the financial news are touting, this is an excellent guide.
In other words, if you have bought into the conventional econometrics of the day, whatever that is, this is your guidebook. It ought to help get through a class, but outside the ivory tower, I'm not sure it will be much help.
Personally, the author didn't help me connect the dots. What do these indicators imply for the GNP 2, 3 or 4 years down the road? What connections do foreign indicators have with domestic ones?
These questions are not answered. It's just a dictionary. You get the nominal description, the publishing authority, a bit about why the authority thinks their indicator useful and maybe a few sample numbers. That is it. If you like academic economics or ever have to make a presentation to some government officials, this is probably an exceptional service, though.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

More About the Author

Discover books, learn about writers, read author blogs, and more.