61. Stock markets, by contrast, pride themselves on being leading indicators, rising in anticipation of economic upswings and falling well ahead of downturns. 62. Stone and McCarthy Research Associates in Princeton, New Jersey, notes that mortgage applications -- a leading indicator for new home construction -- remain strong. 63. Statistics released by the Cabinet show declines in the index of leading indicators in seven of the last eight months. 64. Stock prices, a component of the index of leading indicators, traditionally have predicted the economy, not the other way around. 65. Stock splits are a lagging indicator of past company performance, not a leading indicator of a fall, they say. 66. That marks the third straight monthly decline in the leading indicators. 67. The bond market is typically a leading indicator for the direction of share prices. 68. The bond market next turns its attention to data on leading indicators, due Wednesday, motor vehicle sales, construction spending, factory orders and chain store sales. 69. The Conference Board reports on leading indicators in January. 70. The Conference Board releases the index of leading indicators for February. |