Ahead of the Curve

A Commonsense Guide to Forecasting Business and Market Cycles

Joseph H. Ellis has over two decades of dabbling in the stock market. Over the years, he argues that analysts have been fundamentally flawed in forecasting the next booms and busts in the economy. Reading over the number in quarters instead of annuals have resulted in noise that disallows you from seeing the macro picture, according to him.

In Ahead of the Curve, author Ellis proposes an alternative way to look at market cycles and how you can apply them to your business and investments. The reader will be briefed on leading and lagging indicators such as inflation rate, unemployment rate, GDP growth - and how these numbers can be harbingers of either good or bad news.

But be warned though, the work is graphic intensive and it would be a good idea that you have basic knowledge in investing before you pick up this 276-page hard cover.