When you make short-term trading decisions based on long-term economic data, you may find yourself staring blindly into the lights of the proverbial market train. Here's why you should be wary. Every trader has a choice whether to be logical or successful. Foolishly, many choose the former course of action and seek guidance for longer-term strategies in economic data. After all, what could be more logical than the chain of causality between economic growth, corporate profitability and tradable instruments such as stock and bond futures?
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