[SIE] 3, Economic Indicators

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam. In this episode you will learn: - The difference between leading, lagging, and coincident economic indicators. - Why the S&P 500 and building permits are considered leading indicators. - How Gross Domestic Product (GDP) provides a real-time snapshot of the economy. - The critical distinction between initial unemployment claims (leading) and the unemployment rate (lagging). - How the Consumer Price Index (CPI) measures inflation and influences Federal Reserve policy. For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818