THE INVESTOR'S GUIDE TO ECONOMIC INDICATORS

"...clear, interesting, and provocative...well worth reading and rereading."
—Investor News

Here's complete guide to reading, interpreting, and using economic and financial news reports to make better investment decisions. Economist Charles R. Nelson shows you, in plain language and simple charts, how the numbers relate to investment results in the financial markets, how to spot emerging trends, and how to translate those trends into sound investment strategies. You'll learn:

• Which of the hundreds of published indicators are worth following, which aren't, and why
• Why inflation happens and how to detect its early warning signs
• All about the real corporate profits that underlie the stock market

Your "dollars and sense" guide to reading, interpreting, and using today's leading indicators to make better, more informed investment decisions.

Charles R. Nelson is Professor of Economics and Director of the Institute for Economic Research at the University of Washington. He is also a Trustee of the SteinRoe Mutual Funds and a Research Associate of the National Bureau of Economic Research. Dr. Nelson has written extensively for professional journals and is on the editorial boards of The Journal of Monetary Economics and The Journal of Applied Econometrics.

Interest Rates: The Long and the Short of It.

Inflation, or How Fast Do I Have to Run Just to Stand Still?

Money and the Fed: Can You Have Too Much of a Good Thing?

Have Interest Rates Been High, Really?

The Stock Market: Refuge from Inflation, or Trap?

The Real Economy.

Profits, Real Profits, and Really Real Profits.

What Is the Future of American Business Worth?

Indicators That Forecast the Real Economy.

Indicators for Stock Market Timing.

That Scary Federal Deficit: Will We Ever Get Rid of It?

The Other Deficit: Our Foreign Trade Gap.

The Calendar of Important Indicators.

Index.