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The Financial Times Guide to Using the Financial Pages, 6th Edition by Mr. Romesh Vaitilingam

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15

UK economic indicators

“ Economists don’t know very much. And other people know even less.”

Herbert Stein

“ An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.”

Laurence J Peter

  • The economy is one of the most important drivers of the stock market. But the stock market also has a big influence on the economy. The economy determines the fundamentals and the stock market helps fuel the innovation and entrepreneurship that drive economic growth.
  • Share valuations clearly react to economic news but the market’s moves can often seem perverse, appearing to be happening more in response to how the figures compare with forecasts and expectations than with their actual values.
  • At base, investors ...

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