You have completed Fundamental Analysis. In this lesson, you have learned how to do the following: Explain the overall process of fundamental analysis Describe and give examples of the potential impacts of fiscal and monetary policy on the economic environment Describe the various stages within the industrial life cycle and their possible importance to the analysis Give examples of factors that can affect the performance of an industry as a whole Interpret the financial statements that are used by fundamental analysts including the following: the balance sheet income statement statement of retained earnings statement of changes in financial position