Trading the Fundamentals: The Trader's Guide to Interpreting Economic Indicators and Monetary Policy (Hardcover)

~ Micahel P. Niemira (Author), Gerald F. Zukowski (Author)

Editorial Reviews

Product Description

Economic indicators and economic policy have an incredible impact on the volatile financial markets, yet it is often up to traders and investors to interpret the effects and take decisive action. Trading the Fundamentals explains the significance and market impact of all widely followed economic numbers, including the Consumer Price Index, Employment Report and other well-known indicators. Completely updated and revised to reflect today's highly computerized environment, Trading the Fundamentals provides readers with all the tools they need to analyze economic news and make appropriate investment decisions. New topics include: A new emphasis on data availability through the Internet; More detail on indicators such as layoffs and productivity; A completely overhauled discussion of Federal Reserve policy; A discussion of the phases of the business expansion part of the cycle.

From the Back Cover

[EDE: If there's room, please include this entire quote. Otherwise, you may cut the last sentence, starting with "One of those exceedingly rare..." etc. If you need to cut even more, please let me know. Thanks. --Marshall.] "Trading the Fundamentals is an indispensable piece of equipment for anyone venturing into the treacherous wilds of Wall Street. ... One of those exceedingly rare guides that will both inform even the most knowledgeable trader and enlighten the rest of us, investors and interested spectators alike." -Alan Abelson, Barron's columnist. "The revision of Trading the Fundamentals could hardly be more timely. With macro data dominating the markets more than ever before, this handy volume deserves a place close to your screen. Did I say handy? Make that invaluable."-Alan S. Blinder, Princeton University, Center for Economic Policy Studies.

Product Details

• Hardcover: 278 pages
• Publisher: McGraw-Hill Companies; Rev Sub edition (January 1998)
• Language: English
• ISBN-10: 0786311002
• ISBN-13: 978-0786311002
• Product Dimensions: 9.3 x 6.2 x 1 inches
• Shipping Weight: 1.2 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon.com Sales Rank: #1,193,056 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

11 of 12 people found the following review helpful:

5.0 out of 5 stars Why isn't this book in print?, August 11, 2001

By A Customer

I have several economic books, yet this book (written by economic investment professionals) is the most understandable, readable, and usable book on economics I know of. You can understand this material without knowing economics! Since it gives web site addresses for the actual data, you can view the economic results online or sign up to have the results e-mailed to you. It includes tables, so you have a comparison guide to help you figure out whether the data fits in the recession, recovery or expansion phases. As someone who came to economics through the back door (from observation of the markets), economic data does MOVE the markets......This book should be considered essential for traders or investors!

14 of 16 people found the following review helpful:

5.0 out of 5 stars The most important book a trader will ever read, February 25, 1998

By A Customer

The new edition of "Trading The Fundamentals" is a book no trader should be without.

This book explains what is important about each release, how they are compiled, and how the market interprets them.

If I could choose only one book - THIS WOULD BE IT.

Kevin Cotter, The Cents Financial Journal