From the course: Economics for Financial Advisors
Join today to access over 24,900 courses taught by industry experts.
Formulating your economic view
From the course: Economics for Financial Advisors
Formulating your economic view
- [Instructor] This takes us to one of the final topics in today's course, which is formulating opinions about the economy. Your opinion about where things are at and where things are headed economically will be something you're asked to share with your clients on a very frequent basis, and it's important that you can articulate your view when it's needed. You'll recall that earlier in the course we talked about the three key goals that countries want to accomplish and maintain, which are long-term economic growth, low unemployment, and limited inflation. You can also think of these as the desired steady state of most major economies. By following both leading and lagging economic indicators, you can determine whether the country is achieving these goals and if it isn't, whether the data is trending towards or away from the desired state. Once you have this understanding, you'll be better positioned to determine at which point in the business cycle the economy is in and how best to…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.