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I ett försök att öka aktiviteten på bloggen, både för min egen del och fler läsare, övergår bloggen till det engelska språket och en ny adress.

http://bullagainstbear.blogspot.com

20 May, 2008

Leading indicators?

 
Today the stock market went crazy once again. "Leading Indicators" is made up of such secret and exciting components such as market's development last month, bond market developments, and a lot of other actually publically available variables. Guess who "positively surprised". Well, the stock and bond markets. How can the realized stock market performance surprise? At least that is what the media wanted you to believe. Smarter money sold the figure.

A more interesting number is consumer sentiment, charted below together with private consumption. "Look down below!"

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