FIN 402 Week 3 Assignment Case Problem 6.1 Sara Decides to Take the Plunge
3 . ( 1 point ) Identify two leading indicators for the economy and two lagging indicators . Discuss 1 . what these metrics indicate about the economy and 2 . what is the most recent statistic on your selected indicators and what that may mean for our current economy .
Example : Retail sales – leading indicator ; shows consumer ’ s confidence in the economy – if they are willing to spend more money , they feel more confident about their job situation ; currently , retail sales are just under 3 % yoy and shows consumers are still willing to spend
=====================================================
FIN 402 Week 3 Assignment Case Problem 6.1 Sara Decides to Take the Plunge
For more course tutorials visit www . uophelp . com
Case Problem 6.1 Sara Decides to Take the Plunge Sara Thomas is a child psychologist who has built a thriving practice in her hometown of Boise , Idaho . Over the past several years she has been able to accumulate a substantial sum of money . She has worked long and hard to be successful , but she never imagined anything like this . Even so , success has not spoiled Sara . Still single , she keeps to her old circle of friends . One of her closest friends is Terry Jenkins , who happens to be a stockbroker and who acts as Sara ’ s financial advisor . Not long ago Sara attended a seminar on investing in the stock market , and since then she ’ s been doing some reading about the market . She has concluded that keeping all of her money in lowyielding savings accounts doesn ’ t make sense . As a result , Sara has