Hi all, good day Anyone can recommend a crash read on economics like when Interest Rate, Oil price , Gold price, Stock index price, Real state and USD and other Currencies...etc, goes up or down, what affect they have on each others price relations, which has impact specific to global economic, not country specific like US consumer confidence, home index ... I'm not looking for Usual thick books on amazon with over several 100 pages that go into excessive info or unwanted mathematical details . Something that i can use along my technical analysis to make better judgement on mid term trend. Some read with under 20-50 pages should be sufficient. Thank you
Sorry, but cannot learn the intricacies of economics in 20-30 pages. Try 10+ years and even then it's probably a 50-50 shot if it will actually help. See, sometimes a rising price of X will mean Y will fall as the experts/textbooks will tell you. But then next time a rising X means Y will double. There really isn;t aby rhyme or reason, it's an incredibly complex matter. Stick to the charts, the price will tell you everything...
I asked For recommendation, Not an Opinion or Smart ass Answers. Comments like yours isn't helpful for ET forums at all and because of these, lot of members have turn away from ET already.
It's not a smart ass answer. It's the truth. You want something easy, you want to spend an hour reading 20-50 pages and then become an expert. And let's not forget about the topic you're asking about - economics! A science where there are NO clear answers. You think by spending that hour you'll be able to compete with people who have taken years and decades to perfect their art. Who do you think is going to win that battle? No different to technical analysis and everyone saying 'give me the one patterm, that's all I need' but I've only got a few hours if you mind. Again, they hope to be able to win overtime against people who have taken years and decades to perfect their art. Time = results in this business whether trading or economics. As for recommendations how about 'Economics for Dummies' Read that and tell us all how you get on. https://www.dummies.com/education/economics/economics-for-dummies-cheat-sheet/
I said crash read, and it won't make no one expert. I just want to build little knowledge. If i were you, i would delet my post, but you are having drama over this now. Take care.
I think AbbotAle was giving a recommendation, stick to charts and that's probably correct. A little knowledge is dangerous.
You got 5722 posts, but still you don't know in english diffrrent between opinion and recommendation. Maybe english isn't your first language.
Buy a Dummies book. Read the highlighted areas. Dig further, if necessary. That will run close to your reading budget.