Overview
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Get tips to stay ahead of the economy in good times and in downturns, including how to assess reports, interpret data, and identify financial market and policy implications.
Syllabus
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Introduction
- The economy around you
- Academic versus business economics
- Economics and the 80/20 rule
- The only calculus concept you ever need
- Forecast models
- Variables and forecast models
- Correlation is not causation
- Economics data frequency
- Markets are interrelated
- The economic importance of consistency with currency data
- Percentages and levels in economic data
- Adjusted data
- SAAR
- Time and collection differences in economic data
- Creating good economic data
- Being too certain in your forecasts
- Choosing the right data analysis program
- Economic reports
- Benefits and problems with government data
- Secret sources for economic data info
- Commodities are bought and not sold
- Legal and illegal insider trading
- Technical trading
- Currency markets and values
- Reserve currencies
- Why dollars?
- What is seigniorage?
- Cryptocurrencies
- Quantiative easing
- Devaluing currency
- Central bank policy and economics strategy
- Government debt
- Debt to GDP
- LIBOR and SOFR
- The importance of housing for the economy
- Delinquencies and foreclosures
- What is a housing crisis?
- How to respond to a housing crisis
- Opportunities in a housing crisis
- After the housing crisis
- Takeaways and more resources
