Bloomberg Questions and Answers Already Passed

Bloomberg Questions and Answers Already Passed Analysts maintain estimates. What is in the Relevance column? Volume of alerts set up for each indicator. The greater the investor interest, the greater the relevance. Both are at full strength for PMI and employment. Business confidence (PMI): business people make large investments and hire people when they think there will be additional demand in the future. BEST LEADING INDICATOR TO ALERT FORTHCOMING TURNING POINTS. Can PMI indicate GDP growth? Yes, for most recessions shown, the PMI indicator dipped shortly before GDP decline. You can predict GDP decline. Did BREXIT hurt the Euro economy? To the surprise of pollsters, because there was widespread belief that it would harm the economy. Pessimistic estimates and view after the vote. (Looking at medium forecast on Real GDP). But, they were all surprised that consumer spending continued to be strong. Dow Jones Industrial Average Index Calculated by adding together the share prices of the 30 constituent companies. ECFS displays economic forecasts for identifying trends in global economies ESNP displays economic statistics of 60+ countries FX24 currency pair trading 24/7 How accurately do GDP statistics portray the economy and why? Just because they are official and numerical does not mean they are accurate. The term "domestic" in GDP unambiguously links to a nation state. How are currencies determined? By supply and demand. How did Abenomics save Japan? The Bank of Japan printed money to buy government bonds in the hope of kindling inflation. Japan's prices rose! This is why the yen began to fall against the US dollar shortly before inflation rose. After the Japanese stock market peaked in 1990, Japan entered a vicious deflationary cycle over the subsequent two decades. It was an attempt to break the cycle by weakening the yen to spur inflation and boost exports. How did deflation lead to the Great Depression? ingrained price declines leads consumers to defer purchases. Consumers defer purchases to await lower prices, then company revenues decline, then companies let go of workers to cut costs, then prices need to decline and then the cycle continues. How did Hong Kong thwart an assault on their currency peg? Donald Tsang sold the US dollar FX reserves of Hong Kong, bought Hong Kong dollars, and invested them on the Hong Kong stock exchange, making a fortune for government coffers and warding off speculators. How do central banks regulate inflation? Saving money becomes more attractive when banks hike up the interest rate than spending money. This helps regulate inflation. How do economists form opinions on long term future? they look at demographic, government policies, and technologies. How do you calculate GDP? GDP= C + I = G + (X-M). C= Personal consumption. I= private investment. G= government consumption. X= exports. M= imports. (X-M)= net exports. How do you calculate the Median Estimate