Today, swimsuit models, hemlines, and even Twitter all have something to say about the economy – if we know what to look for – and MarketWatch examined 11 unusual economic indicators, concluding from the evidence that the outlook is mixed. Take a look here.[The original post* was by Sue Chang (marketwatch.com) and a link to it is provided by the editorial team of munKNEE.com (Your Key to Making Money!) and the FREE Market Intelligence Report newsletter (see sample here – register here).]
*Original Source: http://www.marketwatch.com/story/what-swimsuit-models-hemlines-and-hamburgers-say-about-the-economy-2015-11-17 (Copyright ©2015 MarketWatch, Inc. a web site from Dow Jones & Company. All rights reserved.)
Related Article from the munKNEE Vault:
- Can Photos of 35 Swimsuit Models Be Wrong? Lastest “Swimsuit Issue Indicator” Suggests An UP Year for S&P 500!
A look at the trend in prices of the Big Mac clearly shows that investors are being penalized with higher inflation, lower income from bonds and certificates of deposit and being led to believe that the economy is growing better than it really is. [Let me explain.] Words: 1012; Charts: 2
The Economist’s Big Mac index is a fun guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalise the prices of a basket of goods and services around the world. [As such, take a look at the chart below to see just how expensive a Big Mac is in your country (raw and adjusted for GDP per person) and therefore, by inference, the extent to which your country’s currency is over- or under-valued compared to the U.S. dollar.] Words: 421