From the course: Economic Indicators

Unlock this course with a free trial

Join today to access over 22,500 courses taught by industry experts.

The importance of economic reports

The importance of economic reports

From the course: Economic Indicators

The importance of economic reports

- When I think of the importance of economic indicators, it reminds me of running with the bulls in Pamplona, Spain, not the part where everyone's running down the narrow via trying not to get trampled. It reminds me of what happens after you run down the street with the bulls, because at that point, you're in the arena, and bulls are running around after you. I was quite a bit younger and a bit more foolish when I did this, but in the arena, one guy I saw was charged by a bull, and he put his hands up in front of his eyes. Of course, this didn't make the bull go away, and the guy got trampled. And this is you if you aren't watching out for the most important economic indicators. If you've ever looked for a job, bought a house, got a loan, or made a business investment, then the state of the economy has impacted you, and you might not have even known it. In this video, we're going to take a look at why economic reports matter to you personally, to financial markets, and to your…

Contents