Make Money: Anticipate Price Index

I got this money making advice from Bloomberg Personal Finance magazine

Anticipate rate increases with price indices

Wouldn’t it be great if you could read Alan Greenspan’s mind? Follow the National Association of Purchasing Management Production and Price Indices, and you’ll get a handle on what the Federal Reserve Bank is going to do.

Values above 50 in these indices mean production and price increases are speeding up; below 50, that they’re slowing down. Whenever both have risen above 60 at the same time, the Fed chairman has responded by raising the discount rate.

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