Hi. How to know what are the leading sectors of the economy? What criteria would be worth to consider? What can be said about the U.S. aircraft industry as a whole as an industry or a chain of restaurants? Than is generally measured? Excluding parameters such as market capitalization and net asset value.
Here is my simplistic view: Fed prints money and gives it Treasury. Treasury spends on various contracts. Look here for who is making money. The more T-bonds, the more Wall Street makes. Now. Spending. The recipients of all this money buy houses, land, boats, planes, and toys. They hire service staff. So today we have a large service staff (working poor who are the new middle class), a small group of working wealthy, and not much mobility. Are there any contracts that Congress is doing that will put money in the hands of industry? Things that create high paying jobs?
Get some familiarity and understandings with the terms like sector rotation, business cycles, macroeconomics. What pushed economy forward? Homebuilding comes to mind right away and chain reactions follow. On the long term basis, it is the demographics like age of the population make a strong case. There are general views out there regarding economy but nothing exact. If real smarts out there know the truths, then they are not telling!!
Well, I put the question differently. Where can I find information about trading on the NYSE in 1940? Interested in the number of shares, the name shares, trading volume I think if I could answer my own question.