2023 Bloomberg Markets Concepts Test 2 All New Qs & As for A++ Test - Guaranteed Pass!

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1. "New news" moves markets. Accordingly, the economic indicators that heralds "new news" are ofthe most value to traders and investors. Answer: timeliness of release 2. GDP statistics are typicall... y released by the government a month or more after the period in question, by which point dozens of other indicators have been released. Answer: Because GDP statistics are released well after other economic indicators 3. Nonfarm payrolls, CPI and PMI are published monthly. GDP is only pub- lished on a quarterly basis. Answer: GDP 4. Which economic indicator is most directly linked to unemployment? Answer: non- farm payrolls 5. What is the main reason that investment banks create estimates of eco- nomic indicators? Answer: to know when specific economic data points are a positive or negative surprise 6. Which of the following is the biggest pitfall of economic indicators? 1. they do not take into account seasonality 2, they are not sufficiently timely to make investment decisions 3. they only serve as proxys for economic activity 4. they do not consistently presage turning points Answer: they do not consistently presage turning points 7. In 1994,the Mexican peso declined against the US dollar by 37% during the socalledTequila Crisis.What exacerbating factor did Mexico'sTequila Crisis have in common with the Argentine crisis of 2002? [Show More]

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