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The Truth About... The Economy
What statistics, or indicators, can we follow to understand if the economy is getting better or worse?
Bernard Baumohl, the author of The Secrets of Economic Indicators and a senior financial reporter for TIME Magazine for two decades, explains two key data points that we can track to understand how to judge the economy and to preserve wealth. These two data points are:
* Traffic for prospective home buyers
* Demand for temporary labor
Watch this video (4:56) to learn more about these key indicators and to understand The Truth About... The Economy. Sign up for our FREE 30 Day trial at TheTruthAbout.com to hear the entire interview with Bernard Baumohl on The Truth About The Economy and explore other subjects such as The Truth About... Your Vote, Going Green, Marketing to Kids, and many more!
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@UnitedPebbles no these are LEADING indicators and if the leading indicators increase wich are only a small part of the economy, the rest of the economy will follow. so if you can predict a rising economy 6 months before it actually starts increasing you can start investing. since you know better times are comming soon
dimadre 3 months ago
So the indicators only tell current situation of the particular industry? There are no guarantee of future forecast?
UnitedPebbles 11 months ago