Minimum economic indicators
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Description
Book Introduction
“After learning how to read economic indicators,
Investing just got easier.”
Recognized by 100,000 cumulative subscribers
The Dentist's Practical Investment Guidebook Part 3!
To become a practical trader who generates stable profits
How to stay ahead of the curve and capitalize on economic trends to your advantage.
Interest rates, prices, exchange rates, economy, employment, safe assets/risky assets, raw materials
Master the 7 economic indicators that determine the success or failure of your investments!
An essential introduction to and application of economic indicators has been published for anyone seeking to read market trends ahead and apply them to their investments.
The new book, "Minimum Economic Indicators for Strengthening Practical Investment," is a guide to economic indicators designed for investors who prioritize practice over theory.
The author of "Chart Analysis Bible," which is considered to have set the standard for technical analysis, "Dental Man (Team Yonsei Dent)" has personally experienced the coldness of the market while working in both the professional and investment worlds for a long time. This book was written not from the perspective of an economics major or an economist, but from the perspective of a practical trader who must make profits in the market.
Investing just got easier.”
Recognized by 100,000 cumulative subscribers
The Dentist's Practical Investment Guidebook Part 3!
To become a practical trader who generates stable profits
How to stay ahead of the curve and capitalize on economic trends to your advantage.
Interest rates, prices, exchange rates, economy, employment, safe assets/risky assets, raw materials
Master the 7 economic indicators that determine the success or failure of your investments!
An essential introduction to and application of economic indicators has been published for anyone seeking to read market trends ahead and apply them to their investments.
The new book, "Minimum Economic Indicators for Strengthening Practical Investment," is a guide to economic indicators designed for investors who prioritize practice over theory.
The author of "Chart Analysis Bible," which is considered to have set the standard for technical analysis, "Dental Man (Team Yonsei Dent)" has personally experienced the coldness of the market while working in both the professional and investment worlds for a long time. This book was written not from the perspective of an economics major or an economist, but from the perspective of a practical trader who must make profits in the market.
- You can preview some of the book's contents.
Preview
index
Before you start
How to use this book
Chapter 1: The Basic Structure of Economic Indicators at a Glance
01 Interest rate
02 Prices
03 Exchange rate
Game 04
05 Employment
06 Safe and Risky Assets
07 Raw Materials
Chapter 2: Mastering the 7 Economic Indicators You Need to Know Before Investing
01 Interest Rates: The Economy's Thermostat
Does money have a price?
Different types of interest rates
Interest rates, the key to the economy
Investment strategies during periods of interest rate hikes and cuts
[Dentist's Special Lecture on Economic Indicators] Global Economic Policy Trends After the COVID-19 Pandemic: From Quantitative Easing and Zero Interest Rates to Quantitative Tightening and Interest Rate Hikes
02 Prices: Why do they keep rising?
Are prices supposed to rise?
Keyword for controlling prices: Understanding nominal and real interest rates
Various factors affecting prices
Can Prices Rise Indefinitely? The Asset Bubble and Burst Cycle
[The Dentist's Special Lecture on Economic Indicators] The Tulip Mania: A Record of the Madness That Occurred in 17th-Century Holland
03 Exchange Rates: Understanding the Relative Value of Currencies Strengthens Your Investments
Exchange Rate: The value of 1,000 won and 1,000 dollars are obviously different.
How do you know if the dollar is cheap or expensive right now?
Finding the best investment strategy by combining the dollar index and the won/dollar exchange rate.
[The Dentist's Special Lecture on Economic Indicators] The History of Money is a History of Trust: The Gold Standard, the Bretton Woods System, and the Nixon Shock
04 Game: Investment strategies should differ during good and bad times.
An essential virtue for investors: Act with the economy.
Understanding business cycles can help you master market seasons.
Money Supply and the Economy: Why Same Money Supply Increases Move Interest Rates Differently
Investment principles during boom and bust periods
[Dentist's Economic Indicator Special Lecture] Japan's Low Interest Rates: The Shadow of 30 Years of Stagnation
05 Employment: The Dilemma of Low Unemployment
Full Employment: Is It the Best Possible Condition?
The Full Employment Paradox: The Concept and Limitations of the Short-Run Phillips Curve
The Modified Phillips Curve and the Direction of Economic Policy
Understanding Dual Mandates and Investment Strategies Using Employment Indicators
[The Dentist's Special Lecture on Economic Indicators] The 1970s Oil Shock and Stagflation: A Time When Policy Was Powerless
06 Safe and Risky Assets: The Illusion of Safety and the Prejudice of Risk
How should we divide safe and risky assets? The illusion of "safe assets"
The Opportunities Hidden in Risky Assets
What is a truly safe portfolio?
[The Dentist's Special Lecture on Economic Indicators] Gold Price Fluctuations and the Economy: A Case Study
07 Raw Materials: Precursors of the Macroeconomy
Raw materials that cannot be left out in investment
Crude Oil: The Lifeblood of the Industries That Power the Modern Economy
Gold: The most precious asset in the world, the safest asset.
Copper: A Thermometer for the Manufacturing Economy
Rare Earths: A Weapon of US-China Technological Hegemony
Wheat: A Politically and Climate-Sensitive Subsistence Resource
[The Dentist's Special Lecture on Economic Indicators] Key Case Studies on Crude Oil Price Fluctuations and Economic Relationships
Chapter 3: Various economic indicators organized according to the economic calendar
01 Weekly Indicator: The Weapon of Real Investors Who Quickly Read the Market
New unemployment claims (employment)
Crude oil inventory (economic)
02 Monthly Indicators: The Pulse of the Economy: Reading Flows and Trends
Consumer Price Index (Prices)
Core Consumer Price Index (CPI)
Producer Price Index (Prices)
Core Producer Price Index (Prices)
Personal Consumption Expenditure Price Index (Prices)
Core Personal Consumption Expenditure Price Index (PPI)
Employment Report (Employment)
Department of Labor JOLTs (Employment)
ADP Nonfarm Payrolls Change (Employment)
FOMC Meeting (Policy)
FOMC Minutes (Policy)
Quarterly Indicators: The Link Between the Macroeconomy and the Real Economy
GDP (economic)
FOMC dot plot
04 Characteristics of economic indicators you must know Good is Good vs.
Bad is Good
The difference between CPI and PCE
Why the PPI Leads the CPI
How to check detailed indicators by price component
How to predict changes in price indices with a high probability
Relationship between employment indicators
How to check the FOMC statement, chairman's Q&A, and minutes
How to interpret a dot plot
Chapter 4: Practical Investment Sense Acquired Through Schematic Diagrams
[Schematic Diagram 1] A situation where the market judges that 'current interest rates are high'
Market Verdict: "Interest Rates Are Too High Now."
But the Fed isn't cutting interest rates.
No, it can't be lowered
When the price index comes out low
When the price index is announced higher than expected
[Schematic Diagram 2] A situation where the market determines that 'current interest rates are low'
Market Verdict: "Interest Rates Are Too Low Now."
But the Fed isn't raising interest rates.
No, I can't make an impression
When economic and employment indicators were released low
When economic and employment indicators are announced high
[Schematic Diagram 3] Stock Markets in Emerging Markets, Including Korea
The relationship between exchange rate movements and foreign capital flows
The relationship between changes in interest rate differentials and foreign capital flows
Appendix | Economic Indicator Sites to Help You Invest
How to use this book
Chapter 1: The Basic Structure of Economic Indicators at a Glance
01 Interest rate
02 Prices
03 Exchange rate
Game 04
05 Employment
06 Safe and Risky Assets
07 Raw Materials
Chapter 2: Mastering the 7 Economic Indicators You Need to Know Before Investing
01 Interest Rates: The Economy's Thermostat
Does money have a price?
Different types of interest rates
Interest rates, the key to the economy
Investment strategies during periods of interest rate hikes and cuts
[Dentist's Special Lecture on Economic Indicators] Global Economic Policy Trends After the COVID-19 Pandemic: From Quantitative Easing and Zero Interest Rates to Quantitative Tightening and Interest Rate Hikes
02 Prices: Why do they keep rising?
Are prices supposed to rise?
Keyword for controlling prices: Understanding nominal and real interest rates
Various factors affecting prices
Can Prices Rise Indefinitely? The Asset Bubble and Burst Cycle
[The Dentist's Special Lecture on Economic Indicators] The Tulip Mania: A Record of the Madness That Occurred in 17th-Century Holland
03 Exchange Rates: Understanding the Relative Value of Currencies Strengthens Your Investments
Exchange Rate: The value of 1,000 won and 1,000 dollars are obviously different.
How do you know if the dollar is cheap or expensive right now?
Finding the best investment strategy by combining the dollar index and the won/dollar exchange rate.
[The Dentist's Special Lecture on Economic Indicators] The History of Money is a History of Trust: The Gold Standard, the Bretton Woods System, and the Nixon Shock
04 Game: Investment strategies should differ during good and bad times.
An essential virtue for investors: Act with the economy.
Understanding business cycles can help you master market seasons.
Money Supply and the Economy: Why Same Money Supply Increases Move Interest Rates Differently
Investment principles during boom and bust periods
[Dentist's Economic Indicator Special Lecture] Japan's Low Interest Rates: The Shadow of 30 Years of Stagnation
05 Employment: The Dilemma of Low Unemployment
Full Employment: Is It the Best Possible Condition?
The Full Employment Paradox: The Concept and Limitations of the Short-Run Phillips Curve
The Modified Phillips Curve and the Direction of Economic Policy
Understanding Dual Mandates and Investment Strategies Using Employment Indicators
[The Dentist's Special Lecture on Economic Indicators] The 1970s Oil Shock and Stagflation: A Time When Policy Was Powerless
06 Safe and Risky Assets: The Illusion of Safety and the Prejudice of Risk
How should we divide safe and risky assets? The illusion of "safe assets"
The Opportunities Hidden in Risky Assets
What is a truly safe portfolio?
[The Dentist's Special Lecture on Economic Indicators] Gold Price Fluctuations and the Economy: A Case Study
07 Raw Materials: Precursors of the Macroeconomy
Raw materials that cannot be left out in investment
Crude Oil: The Lifeblood of the Industries That Power the Modern Economy
Gold: The most precious asset in the world, the safest asset.
Copper: A Thermometer for the Manufacturing Economy
Rare Earths: A Weapon of US-China Technological Hegemony
Wheat: A Politically and Climate-Sensitive Subsistence Resource
[The Dentist's Special Lecture on Economic Indicators] Key Case Studies on Crude Oil Price Fluctuations and Economic Relationships
Chapter 3: Various economic indicators organized according to the economic calendar
01 Weekly Indicator: The Weapon of Real Investors Who Quickly Read the Market
New unemployment claims (employment)
Crude oil inventory (economic)
02 Monthly Indicators: The Pulse of the Economy: Reading Flows and Trends
Consumer Price Index (Prices)
Core Consumer Price Index (CPI)
Producer Price Index (Prices)
Core Producer Price Index (Prices)
Personal Consumption Expenditure Price Index (Prices)
Core Personal Consumption Expenditure Price Index (PPI)
Employment Report (Employment)
Department of Labor JOLTs (Employment)
ADP Nonfarm Payrolls Change (Employment)
FOMC Meeting (Policy)
FOMC Minutes (Policy)
Quarterly Indicators: The Link Between the Macroeconomy and the Real Economy
GDP (economic)
FOMC dot plot
04 Characteristics of economic indicators you must know Good is Good vs.
Bad is Good
The difference between CPI and PCE
Why the PPI Leads the CPI
How to check detailed indicators by price component
How to predict changes in price indices with a high probability
Relationship between employment indicators
How to check the FOMC statement, chairman's Q&A, and minutes
How to interpret a dot plot
Chapter 4: Practical Investment Sense Acquired Through Schematic Diagrams
[Schematic Diagram 1] A situation where the market judges that 'current interest rates are high'
Market Verdict: "Interest Rates Are Too High Now."
But the Fed isn't cutting interest rates.
No, it can't be lowered
When the price index comes out low
When the price index is announced higher than expected
[Schematic Diagram 2] A situation where the market determines that 'current interest rates are low'
Market Verdict: "Interest Rates Are Too Low Now."
But the Fed isn't raising interest rates.
No, I can't make an impression
When economic and employment indicators were released low
When economic and employment indicators are announced high
[Schematic Diagram 3] Stock Markets in Emerging Markets, Including Korea
The relationship between exchange rate movements and foreign capital flows
The relationship between changes in interest rate differentials and foreign capital flows
Appendix | Economic Indicator Sites to Help You Invest
Detailed image
Into the book
Interest rates play a very important role throughout the economy.
All economic entities, including individuals, businesses, and countries, make decisions based on interest rates when raising funds or making investments.
For example, higher interest rates may reduce consumption and investment because the cost of borrowing money increases, while lower interest rates may stimulate economic activity because the cost of borrowing decreases.
Central banks and key economic policymakers use these interest rate characteristics to precisely control the "temperature of the economy."
When the economy overheats, interest rates are raised to curb the flow of money and manage inflation. Conversely, when there are concerns about the economy slowing down, interest rates are lowered to stimulate economic activity and stimulate the economy.
In this way, interest rates serve as a key tool for striking a balance between economic growth and stability.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
Ultimately, when investors decide whether to hold cash or invest in assets, what's more important than simply "what percentage of interest rate is it?" is "what real rate of return am I getting?"
And the standard for judging this real rate of return should be the ‘real interest rate.’
The factor that has the greatest influence on this real interest rate is, of course, the rate of increase in consumer prices, or inflation.
While nominal interest rates can move relatively predictably based on the central bank's benchmark interest rate or market interest rate conditions, inflation rates move in a complex manner due to various factors, including international oil prices, supply and demand structures, exchange rates, wage levels, and political uncertainty.
Ultimately, real interest rates are not a concept that can be simply calculated with a single formula; they can only be accurately judged by reading the overall economic trends.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
The economy constantly repeats boom and bust periods, repeating cycles of ups and downs like the four seasons.
The flow of this business cycle has a very close influence on key economic indicators such as interest rates, prices, exchange rates, and money supply, which we have previously examined.
Investors must read these economic indicators, predict economic trends, and develop investment strategies accordingly.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
For Korean stock market investors, it is also necessary to pay attention to times when the exchange rate stabilizes or the won strengthens.
The inflow and outflow of foreign capital significantly influence the rise and fall of the Korean stock market. In particular, signals of exchange rate stability, particularly in terms of foreign currency conversion yields, have a positive effect on foreign investors' preference for emerging market assets.
This creates an environment where emerging market assets, including domestic stocks, are easily chosen due to their relative undervaluation and high return potential.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
The crude oil inventory indicator is released every Wednesday night, Korean time, and represents the weekly change in commercial crude oil inventories held in the United States.
This indicator directly reflects the balance between supply and demand in the crude oil market and serves as an important resource for understanding the economic trends of the global economy.
Typically, a rise in crude oil inventories is interpreted as meaning that supply is greater than demand, which can be interpreted as a sign of an economic slowdown or weak demand, which in turn puts downward pressure on oil prices.
---From "Chapter 3: Various Economic Indicators Organized According to the Economic Schedule"
At the FOMC meeting where the dot plot is announced, not only is the base interest rate decided, but economic outlooks such as inflation forecasts, employment rate forecasts, and GDP growth rate forecasts are also announced, so changes in these indicators, along with the dot plot, also have a significant impact on the market.
Therefore, investors need to prepare in advance for potential volatility in financial markets around the FOMC dot plot release date and carefully analyze even the most detailed changes in the data released.
---From "Chapter 3: Various Economic Indicators Organized According to the Economic Schedule"
Before understanding the schematic diagram, the most important prerequisite is to first understand the current market sentiment.
In other words, even if it is the same economic indicator, the market's interpretation and reaction may be completely different depending on whether market participants perceive the current interest rate as high or low.
If we define the 'neutral interest rate' as the most ideal interest rate in the current economic situation, we can usually find out the 'neutral interest rate' of the US Federal Reserve through the dot plot, and the 'neutral interest rate' that the market thinks of can be found through FedWatch.
All economic entities, including individuals, businesses, and countries, make decisions based on interest rates when raising funds or making investments.
For example, higher interest rates may reduce consumption and investment because the cost of borrowing money increases, while lower interest rates may stimulate economic activity because the cost of borrowing decreases.
Central banks and key economic policymakers use these interest rate characteristics to precisely control the "temperature of the economy."
When the economy overheats, interest rates are raised to curb the flow of money and manage inflation. Conversely, when there are concerns about the economy slowing down, interest rates are lowered to stimulate economic activity and stimulate the economy.
In this way, interest rates serve as a key tool for striking a balance between economic growth and stability.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
Ultimately, when investors decide whether to hold cash or invest in assets, what's more important than simply "what percentage of interest rate is it?" is "what real rate of return am I getting?"
And the standard for judging this real rate of return should be the ‘real interest rate.’
The factor that has the greatest influence on this real interest rate is, of course, the rate of increase in consumer prices, or inflation.
While nominal interest rates can move relatively predictably based on the central bank's benchmark interest rate or market interest rate conditions, inflation rates move in a complex manner due to various factors, including international oil prices, supply and demand structures, exchange rates, wage levels, and political uncertainty.
Ultimately, real interest rates are not a concept that can be simply calculated with a single formula; they can only be accurately judged by reading the overall economic trends.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
The economy constantly repeats boom and bust periods, repeating cycles of ups and downs like the four seasons.
The flow of this business cycle has a very close influence on key economic indicators such as interest rates, prices, exchange rates, and money supply, which we have previously examined.
Investors must read these economic indicators, predict economic trends, and develop investment strategies accordingly.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
For Korean stock market investors, it is also necessary to pay attention to times when the exchange rate stabilizes or the won strengthens.
The inflow and outflow of foreign capital significantly influence the rise and fall of the Korean stock market. In particular, signals of exchange rate stability, particularly in terms of foreign currency conversion yields, have a positive effect on foreign investors' preference for emerging market assets.
This creates an environment where emerging market assets, including domestic stocks, are easily chosen due to their relative undervaluation and high return potential.
---From "Mastering the 7 Economic Indicators You Must Know Before Investing in Chapter 2"
The crude oil inventory indicator is released every Wednesday night, Korean time, and represents the weekly change in commercial crude oil inventories held in the United States.
This indicator directly reflects the balance between supply and demand in the crude oil market and serves as an important resource for understanding the economic trends of the global economy.
Typically, a rise in crude oil inventories is interpreted as meaning that supply is greater than demand, which can be interpreted as a sign of an economic slowdown or weak demand, which in turn puts downward pressure on oil prices.
---From "Chapter 3: Various Economic Indicators Organized According to the Economic Schedule"
At the FOMC meeting where the dot plot is announced, not only is the base interest rate decided, but economic outlooks such as inflation forecasts, employment rate forecasts, and GDP growth rate forecasts are also announced, so changes in these indicators, along with the dot plot, also have a significant impact on the market.
Therefore, investors need to prepare in advance for potential volatility in financial markets around the FOMC dot plot release date and carefully analyze even the most detailed changes in the data released.
---From "Chapter 3: Various Economic Indicators Organized According to the Economic Schedule"
Before understanding the schematic diagram, the most important prerequisite is to first understand the current market sentiment.
In other words, even if it is the same economic indicator, the market's interpretation and reaction may be completely different depending on whether market participants perceive the current interest rate as high or low.
If we define the 'neutral interest rate' as the most ideal interest rate in the current economic situation, we can usually find out the 'neutral interest rate' of the US Federal Reserve through the dot plot, and the 'neutral interest rate' that the market thinks of can be found through FedWatch.
---From "Acquiring a Practical Investment Sense Through Chapter 4 Schematic Diagrams"
Publisher's Review
Never invest if you can't see the economic indicators!
Your technical analysis and real trading
7 Economic Indicators That Make Us Stronger
Economic indicators intuitively understood through visualized schematic diagrams
How to Understand Macroeconomic Trends Every Investor Must Know
This book covers seven macroeconomic indicators: interest rates, inflation, exchange rates, economic conditions, employment, safe and risky assets, and raw materials.
These macroeconomic indicators are important and rapidly changing variables that determine the 'flow of money' into and out of asset markets.
Some traders liken the flow of macroeconomic indicators to the main stream of a river, and the charts and data to tributaries.
Understanding and trading the macroeconomic flow means that you don't have to do the difficult thing of going against the flow.
Therefore, whether you're a scalper with a short trading window or a value investor who primarily invests over the long term, understanding and predicting at least some macroeconomic trends is essential for risk management.
This book realistically approaches the minimum macroeconomic knowledge and key indicators essential to becoming a "practical trader who generates stable profits" from the perspective of a practicing investor.
Just as a frightened patient about dental treatment is reassured by kindly explaining difficult and unfamiliar medical knowledge, this book aims to alleviate vague fears about investing and help readers embark on their investment journey with greater confidence.
For investors looking for a guide to economic indicators that can be immediately applied to real-world investments, this book is both the "minimum" and "best" choice.
How to use this book most effectively
《Minimum Economic Indicators》 first covers the most basic concepts that make up macroeconomics related to investment: interest rates, prices, exchange rates, economic conditions, employment, and safe and risky assets.
Chapter 1 introduces basic definitions of these concepts, along with large, easy-to-read, one-page schematic diagrams.
However, if you see a schematic diagram and detailed definitions that you don't understand or don't know about a concept, don't worry.
This is because you can naturally understand and internalize it as you go through the following content.
Chapter 2, based on this schematic diagram and definitions, details the basic macroeconomic concepts that investors need to know.
Most of the content corresponds to concepts that hardly change over time.
If you have mastered all the basic macroeconomic concepts in Chapter 2, you will realize that all macroeconomic concepts are interconnected.
Chapter 3 covers how these basic concepts can be applied in practice.
We've explained key economic indicators that practicing investors must keep in mind, the order in which these indicators are released, and the characteristics of these indicators that must be understood when interpreting them.
In Chapter 4, the Dentist Team painstakingly created a schematic diagram that allows you to see at a glance how all the macroeconomic concepts discussed above are connected.
The four-part schematic diagram was created to serve as a compass that can be viewed whenever various indicators are announced, even in actual investment.
Due to the nature of its structure, it is recommended to read 《Minimum Economic Indicators》 thoroughly from beginning to end until you understand the flow.
If you keep this book close by and read excerpts from it when actual macroeconomic issues are announced, finding the necessary parts and reading them will be extremely useful for your actual investment.
★★★ Top 1% of Naver Premium Content Channels
★★★ Naver Premium Content Paid Subscribers [1K+], Re-Subscription Rate Achieved 90%
★★★ Winner of the Most Editors' Picks Award from TradingView, an investment platform (2022)
★★★ CryptoQuant Officially Certified On-Chain Analysis Author (Verified Author)
Key points of this book!
1 An essential introductory book for investors studying 'economic indicators' for the first time.
- Easy-to-understand case-based explanations of topics such as "Why do asset prices fall when interest rates rise?" and "What assets should I buy when prices rise?"
2. Concepts that may be difficult are made easier to understand with readable ‘schematic diagrams’.
- Complete your mental organization with an easy-to-understand diagram that shows interest rates, prices, economic trends, etc. at a glance!
3. Shift from "economic indicators = news scraps" to a real investment strategy.
- Rather than a simple textbook definition, it provides a specific explanation of 'when, which indicator, and which asset are affected'.
4 Investment Insights Found in History
- Learn interesting macroeconomic stories that created historical turning points through the 'Dentist's Economic Indicator Special Lecture'
Your technical analysis and real trading
7 Economic Indicators That Make Us Stronger
Economic indicators intuitively understood through visualized schematic diagrams
How to Understand Macroeconomic Trends Every Investor Must Know
This book covers seven macroeconomic indicators: interest rates, inflation, exchange rates, economic conditions, employment, safe and risky assets, and raw materials.
These macroeconomic indicators are important and rapidly changing variables that determine the 'flow of money' into and out of asset markets.
Some traders liken the flow of macroeconomic indicators to the main stream of a river, and the charts and data to tributaries.
Understanding and trading the macroeconomic flow means that you don't have to do the difficult thing of going against the flow.
Therefore, whether you're a scalper with a short trading window or a value investor who primarily invests over the long term, understanding and predicting at least some macroeconomic trends is essential for risk management.
This book realistically approaches the minimum macroeconomic knowledge and key indicators essential to becoming a "practical trader who generates stable profits" from the perspective of a practicing investor.
Just as a frightened patient about dental treatment is reassured by kindly explaining difficult and unfamiliar medical knowledge, this book aims to alleviate vague fears about investing and help readers embark on their investment journey with greater confidence.
For investors looking for a guide to economic indicators that can be immediately applied to real-world investments, this book is both the "minimum" and "best" choice.
How to use this book most effectively
《Minimum Economic Indicators》 first covers the most basic concepts that make up macroeconomics related to investment: interest rates, prices, exchange rates, economic conditions, employment, and safe and risky assets.
Chapter 1 introduces basic definitions of these concepts, along with large, easy-to-read, one-page schematic diagrams.
However, if you see a schematic diagram and detailed definitions that you don't understand or don't know about a concept, don't worry.
This is because you can naturally understand and internalize it as you go through the following content.
Chapter 2, based on this schematic diagram and definitions, details the basic macroeconomic concepts that investors need to know.
Most of the content corresponds to concepts that hardly change over time.
If you have mastered all the basic macroeconomic concepts in Chapter 2, you will realize that all macroeconomic concepts are interconnected.
Chapter 3 covers how these basic concepts can be applied in practice.
We've explained key economic indicators that practicing investors must keep in mind, the order in which these indicators are released, and the characteristics of these indicators that must be understood when interpreting them.
In Chapter 4, the Dentist Team painstakingly created a schematic diagram that allows you to see at a glance how all the macroeconomic concepts discussed above are connected.
The four-part schematic diagram was created to serve as a compass that can be viewed whenever various indicators are announced, even in actual investment.
Due to the nature of its structure, it is recommended to read 《Minimum Economic Indicators》 thoroughly from beginning to end until you understand the flow.
If you keep this book close by and read excerpts from it when actual macroeconomic issues are announced, finding the necessary parts and reading them will be extremely useful for your actual investment.
★★★ Top 1% of Naver Premium Content Channels
★★★ Naver Premium Content Paid Subscribers [1K+], Re-Subscription Rate Achieved 90%
★★★ Winner of the Most Editors' Picks Award from TradingView, an investment platform (2022)
★★★ CryptoQuant Officially Certified On-Chain Analysis Author (Verified Author)
Key points of this book!
1 An essential introductory book for investors studying 'economic indicators' for the first time.
- Easy-to-understand case-based explanations of topics such as "Why do asset prices fall when interest rates rise?" and "What assets should I buy when prices rise?"
2. Concepts that may be difficult are made easier to understand with readable ‘schematic diagrams’.
- Complete your mental organization with an easy-to-understand diagram that shows interest rates, prices, economic trends, etc. at a glance!
3. Shift from "economic indicators = news scraps" to a real investment strategy.
- Rather than a simple textbook definition, it provides a specific explanation of 'when, which indicator, and which asset are affected'.
4 Investment Insights Found in History
- Learn interesting macroeconomic stories that created historical turning points through the 'Dentist's Economic Indicator Special Lecture'
GOODS SPECIFICS
- Date of issue: July 9, 2025
- Page count, weight, size: 264 pages | 446g | 145*210*17mm
- ISBN13: 9791194777243
- ISBN10: 1194777244
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