The Most Powerful Indicator for an Economy

published 1 month ago by ClayTrader

When it comes to indicators and the financial markets, the availability can be immensely crazy. Whether you are talking about technical indicators for day trading or swing trading, there are so many! In this case, we're not talking about short term trading, I want to look at more of a overall indicator that I believe is useful for an entire economy. All you have to do is open up your news app or turn on a financial channel and you'll see opinions of every kind. Some people are saying how great the economy is doing while others are saying the exact opposite. As normal everyday investors, how do we deal with this? How can we truly understand and learn what is going on with an economy? I'm not that smart, so in my mind, I need to keep this entire process of investment as simple as possible. I want to share with you what I believe is the most powerful indicator for an economy. While I'm not saying the indicator is perfect (that does not exist), I do believe there is a whole lot of rational logic that goes behind paying attention to it and why it can be powerful.

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