Learning to “Read” the Economy
In This Chapter
• Avoid getting fooled by economic doublespeak
• Solid sources for economic information
• Interpreting key economic indicators
• Understanding interest rates
People working in business and finance used to operate in their own worlds, served by their own media. They read the Wall Street Journal and Fortune, Forbes, and BusinessWeek magazines. Television news programs reported major business developments and some new products (brought to their attention by public relations firms). Local print and broadcast media focused on local businesses, often for helping a worthy cause.
But, except in cases of tough economic times or major business frauds, most media devoted little coverage to ...