StockTrade

Wednesday, February 21, 2007

Economics Digest Websites

Macro-economics is important for stock trading. It decides overal market direction. By Jim Cramer, it affects 50% of the price movement of a stock.

The websites of Economics study:

1 Federal Reserve's general economics statistic data
http://www.federalreserve.gov/
http://www.federalreserve.gov/FOMC/BEIGEBOOK/2007/ (Beige Book)

2 Department of Labor's Consumer Price Index
http://www.bls.gov/cpi/

3 Conference Board's Leading Indicators Index and Consumer Confidence Index
http://www.conference-board.org/
http://www.conference-board.org/economics/ConsumerConfidence.cfm
http://www.conference-board.org/economics/bci/pressRelease_output.cfm?cid=1

Note: Leading Indicators Index and Consumer Price Index are main factors for FED to decide the economy situations.