Monetary Measures, Economic Output and Corporate Profits (US)

The Money Supply lesson discusses how M2 is calculated, where to find it, how it’s influenced and how it influences financial markets and the economy. It specifically covers some of the most popular tools used by global central banks and governments to influence the supply of money. In addition, the course covers the money supply rise in the United States and the subsequent inflationary episode in 2021.

The Yield Curve lesson discusses where to find it, how to forecast it, how it’s influenced, and how it influences financial markets and the economy. The yield curve inversion is a powerful indicator that preceded the last six out of six recessions.

The Corporate Earnings lesson discusses where to find it, how to forecast it, how it’s influenced, and how it influences financial markets and the economy. Earnings season can provide market participants with positive sentiment when there’s fantastic news, negative sentiment when there’s adverse news, or indifference when results are in-line with expectations. Corporate earnings are an important measure of corporate financial health and therefore, a measure of economic health as well.

The GDP lesson discusses where to find it, how to forecast it, how it’s influenced, and how it influences financial markets and the economy. GDP is the foundation of financial markets globally. Fast economic growth will likely lead to fast financial asset growth. Financial asset values won’t sustainably grow if GDP is declining.