Fundamentals & Macro
GDP, inflation, central banks and the economic data releases that move every market.
- ✓ 10 lessons in order
- ✓ About 41 minutes
- ✓ Progress tracked in MarketPro
- ✓ Free to follow
The lessons, in order
A path is the academy's answer to "where do I start". The order is deliberate: each lesson assumes the ones above it, which is why reading them this way works better than picking at a category list. In the app the path tracks how far through you are and what comes next.
- What Is Fundamental Analysis Markets do not react to a 3.4% inflation rate. They react to a 3.4% print when 3.1% was expected.
- Fundamental Analysis Vs Technical Analysis A correct fundamental view with no timing attached is how traders spend eleven months being right and still losing money.
- Understanding GDP and Economic Growth GDP is the scoreboard, not the game. By release day most of the number has already been reported in monthly data.
- Inflation and the Consumer Price Index The annual inflation rate can fall 0.7 points in a month when current prices barely moved, because the month it is compared…
- The Role of Central Banks A 25 basis point move changes borrowing costs marginally. A signal that six more are coming changes the price of everything.
- How Interest Rate Decisions Move Currency Markets A currency pair prices the gap between two interest rates, and the gap the market expects matters more than the one that exists…
- Employment Data and Non-Farm Payrolls Payrolls is a fresh survey rather than a summary of data already published, which is why the reaction is measured in seconds.
- Understanding the Purchasing Managers' Index A manager whose orders rose 1% and one whose orders rose 40% both answer better, and the index counts them identically.
- Consumer Confidence and Sentiment Indices Confidence surveys measure how people feel. Retail sales measure what they did. The gap between the two can persist for more…
- Yield Curves and Inversions An inverted curve has preceded most US recessions with lead times from six to twenty-three months. That makes it a regime…
What it draws on
This path pulls from 1 category: fundamental analysis. Each of those pages lists its full set of lessons if you would rather go deep on one subject than move across several.
Follow the path in MarketPro
10 lessons, in order, with your place kept. Free on any MarketPro account, in the app or your browser, alongside vetted free signals every week.
Same account as the app · No install · Free to start
Not investment advice. Past performance is not indicative of future results.