3 best leading indicators on the US Economy
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Livewire
According to Merrill Lynch “The most useful indicators in nowcasting are not the big macro numbers, but rather secondary indicators that are released in a very timely manner. Thus the top three indicators are all survey-based measures that are released before the end of the reference month they are measuring — the Philadelphia Fed Index, the preliminary UM sentiment index and the Chicago PMI. The mighty payroll report is only fifth on the list.” (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
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