Читать книгу The Investment Advisor Body of Knowledge + Test Bank - IMCA - Страница 48

Investment advisors and consultants should not only understand basic economic principles, but they should possess the skills necessary to analyze economic data. Using this knowledge they may revise investment recommendations and/or make appropriate portfolio adjustments if applicable. While drawing definitive conclusions from this analysis is often difficult, investment professionals should benefit by considering possible implications and overlaying this new filter of information over a fundamental, technical, or behavioral framework for constructing and managing investment portfolios.

The readings that follow discuss economic concepts and principles, the U.S. monetary system and the Federal Reserve System, business and economic cycles, and analysis of measurements designed to reflect or predict economic activity.