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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.
*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:
The Swimsuit Issue Indicator says that U.S. equity markets perform
better in years when an American appears on the cover of Sports Illustrated’s annual issue as opposed to years when a non-American appears on the cover. [What is the nationality of this year’s cover model? Can we expect returns above the norm or will we see a year of under-performance for the S&P 500 this year? Read on.] Words: 323 ; Table 1
2. The Big Mac Index Reveals the REAL Facts On U.S. Inflation!
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
3. The Big Mac Index: Is Your Country’s Currency Over or Under-Valued Compared to USD?
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