First Steps in economic indicators

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This book is about statistics - and what they can tell us about economics and financial markets. But before you put it down, imagining the subject will be dry and boring, think again... It is easy to do down statistics and other market indicators. Benjamin Disraeli once commented that they were "lies, damn lies and statistics". However imperfect they may be, indicators are important to investors. The main reason being that they provide the economic context against which individual companies operate, and most importantly for you, movements in some market indicators are considered to be good predictors of future economic activity.

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