Answer: To know when specific economic data points are a positive or negative surprise.
Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for GDP inflation unemployment or the fiscal deficit—or at a more disaggregated level for specific sectors of the economy or even specific firms. Economic forecasting is a measure to find out the future prosperity of a pattern of investment …
Investment banking has changed over the years beginning as a partnership firm focused on underwriting security issuance i.e. initial public offerings (IPOs) and secondary market offerings brokerage and mergers and acquisitions and evolving into a “full-service” range including securities research proprietary trading and investment management.
Investment banking – Wikipedia
Economic forecasting – Wikipedia
History of investment banking in the United States – Wikipedia
Jewish banking houses were instrumental to the process of capital formation in the United States in the late 19th and early 20th century. Modern banking in Europe and the United States was influenced by Jewish financiers such as the Rothschild and Warburg families and Jews were major contributors to the establishment of important investment banks on Wall Street.
The COVID-19 pandemic has had far-reaching economic consequences beyond the spread of the disease itself and efforts to quarantine it. As the SARS-CoV-2 virus has spread around the globe concerns have shifted from supply-side manufacturing issues to decreased business in the services sector. The pandemic caused the largest global recession in history with more than a third of the …
The Icelandic financial crisis was a major economic and political event in Iceland that involved…