What economic indicators should I consider when investing?
You should consider indicators like GDP growth, unemployment rates, inflation, and consumer confidence.
How does inflation affect my investments?
Inflation can erode purchasing power, impacting the real returns on your investments, especially fixed-income assets.
What is the significance of GDP growth?
GDP growth indicates the health of the economy; strong growth can lead to higher corporate profits and stock prices.
Can you explain how unemployment rates influence the market?
High unemployment can signal economic trouble, leading to lower consumer spending and potentially declining stock prices.
What other indicators should I keep an eye on?
Other important indicators include interest rates, stock market trends, and housing market data.
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