首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
In these times when market forces appear increasingly complicated and more volatile, it is all the more important to understand
In these times when market forces appear increasingly complicated and more volatile, it is all the more important to understand
admin
2013-06-10
28
问题
In these times when market forces appear increasingly complicated and more volatile, it is all the more important to understand the professional jargon and terminology in the market place in order to be able to better make our investment and business decisions. Understanding key economic indicators will assist in the decision making process, providing a snapshot of the current situation and an insight into the future.
(46)
Each economic indicator tells us something about the economy or inflation. Gross Domestic Product (GDP) is probably the most important report as it is the whole framework where other economic indicators fall under.
There are also indicators that are broader tell us about the economy itself rather than the components, e.g. employment figures, leading indicators, money supply figures (M3). Inflation figures, Produce Price Index (PPI) and the Consumer Price Index (CPI) will, in short, inform us of the changes in wholesale prices, cost of consumer (retail) goods and services respectively.
An indicator that is useful must be accurate, timely and reliable. It depends entirely on the integrity of the national statistical system responsible. It is vital to know the accurate components of an indicator. We have to be mindful of the limitation of these statistical figures too.
Some indicators can be historic or extremely volatile, and therefore their values are reduced. It is better to compare the most recent data with earlier months, or take a moving average for the past 3, 6 or 12 months to smooth the data. It will tell us if there has been a significant change in trend and whether a new direction is under way.
Timeliness of an indicator is also significant. (47)
Although the reported figures are important, it is crucial to recognize that markets react more to the variance to the consensus forecast than to the absolute change in the indicator.
(48)
Markets do not like surprises and can be frustrated with volatility upon subsequent revisions to the numbers published, even though significance of the absolute number diminishes with each passing month.
The Index of Leading Economic Indicators (L.E.I) in the US acts as an early warning system, telling us when the economy is about to change direction. (49)
This composite index of 11 leading indicators has a good record of providing accurate forecasts. The total index performs better as a prediction tool than any of its parts.
This monthly figure is available on the last business day of the month and has low volatility.
(50)
As a general rule, turning points in the economy are signaled by three consecutive months of L.E.I changes in the same direction. This leading indicator is like a lighthouse, giving the rest of the world economies a glimpse of the direction of the world’s largest economy.
选项
答案
尽管绝对数据的意义逐月减少,市场不喜欢"惊异",并也有可能由于数字公布后又做出随后的更改而受挫。
解析
转载请注明原文地址:https://kaotiyun.com/show/aqd4777K
0
考研英语一
相关试题推荐
Fromthefirstthreeparagraphs,welearnthatAccordingtothetext,"nucleartippedmissiles"and"cannonball-sizesteelsphe
ScottMcNealyandJimBarksdaleslammedBillGatesfor______.Accordingtothepassage,itcanbeinferredthat______.
Todevelophispoint,theauthorhasused______.Physicaldependenceonalcoholresultsfrom______.
Inthesetimeswhenmarketforcesappearincreasinglycomplicatedandmorevolatile,itisallthemoreimportanttounderstand
Inthefollowingtext,somesentenceshavebeenremoved.ForQuestions41-45,choosethemostsuitableonefromthelist(A、B、C、
Thepassageimpliesthattheauthor’sattitudetowardsthedivisionoffemininetalkandmasculinetalkis______.Malesdonor
Whatistheattitudeoftheauthorofthispassagetowardthesaltcontroversy?Whichofthefollowingistheauthor’ssuggesti
Theinitialfundofgeneralscientificknowledgeisaninvaluableasset(财产),buttheyoungresearchworkershouldhavenoillusi
Acollegestudentbecomessocompulsiveaboutcleaninghisdormroomthathisgradesbegintoslip.AnexecutivelivinginNewY
Supposeaforeignfriendofyourshaswrittentoinquireaboutthepossibilityofmakingaseven-dayvisitinChina.Writearep
随机试题
自动变速器挂入D位、R位车辆无法移动?
某行业的相关市场内N,家最大的企业所占市场份额(产值、产量、销售额、销售量、职工人数、资产总额等)的总和,是对整个行业的市场结构集中程度的测量指标,用来衡量企业的数目和相对规模的差异,是市场势力的重要量化指标,上述所指的是()
Theconference______afullweekbythetimeitends.
控制肺结核传播最关键的措施是( )。
正确测量头围的方法是
易风化药物可使胶囊壳
甲国居民有来源于乙国的所得100万元,甲、乙两国的所得税税率分别为40%、30%。两国均行使地域管辖权兼居民管辖权。在扣除法下和抵免法下甲国应对该笔所得分别征收所得税为()万元。
甲公司是一家制造业公司。目前公司股票每股45元。预计股价未来年增长率8%;长期借款合同中保护性条款约定甲公司长期资本负债率不可高于50%、利息保障倍数不可低于5倍。为占领市场并优化资本结构,公司拟于2019年末发行附认股权证债券筹资20000万元。为确定筹
根据所给材料,回答下列问题:①1492年,哥伦布发现了新大陆,后人将此定位为“世界的开端”和“全球化进程的开始”。然而,让人意想不到的是,当哥伦布开启这次创造历史的伟大航行时,竟然是揣着香料梦想上路的。香料是推动欧洲国家探索世界的催化剂,对香料的
总线依据功能和实现方式的不同可分为()
最新回复
(
0
)