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What Do The Numbers Really Mean? Uncovering the Secrets of Economic Indicators
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******************************** What Do The Numbers Really Mean? Uncovering the Secrets of Economic Indicators http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1122 The stock market rises and falls based on investors' perceptions about how the economy is doing. CEOs make investment decisions -- opening a new plant, hiring more workers -- based on their expectations about how markets will perform in the future. How can they keep tabs on whether their expectations are realistic? Bernard Baumohl, author of The Secrets of Economic Indicators, provides some insights into how investors and CEOs alike can pick up on statistical signals about the economy.
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