Investing without understanding the economy is like planning a beach trip without checking the forecast. Bad weather can wreak havoc with a vacation, just as putting money into the markets when economic conditions are unfavorable can destroy plans for a comfortable retirement, a new house, or a child's college education. This book homes in on the dozen most important economic statistics observed on Wall Street today and in a clear and concise voice tells exactly what these important reports measure and what they really mean. Written from the combined perspective of a former trader, academic, and current Wall Street economist, The Trader's Guide to Key Economic Indicators leads the reader through the nuances and the nitty-gritty behind the numbers and data releases. One doesn't need to manage millions or billions of dollars to benefit - using this book as a reference can lead to better decisions and a sound investment strategy.