steven johnson
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Sat Apr-11-09 09:55 AM
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Unusual Economic Indicators -- Forklifts, underwear and Chocolate |
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Sometimes you can miss the forest for the trees and sometimes the trees indicate the health of the forest. Here are some unusual economic indicators predicting whether the economy is turning around: Hemline/Skirt Length Indicator The Boston Snow Indicator Super Bowl Indicator Billboard Top 100 Indicator Lipstick Indicator/Lipstick Effect Harvard MBA Indicator January Effect Aspirin Count Indicator Sports Illustrated Swimsuit Cover Pallet/Cardboard Box Indicator The Big Mac Index http://www.cnbc.com/id/29257460Cocoa commodity prices http://www.businessandmedia.org/articles/2008/20081125172041.aspxDiamond prices Champagne sales http://blogs.dailypennsylvanian.com/thebottomline/2009/03/30/secret-economic-indicators/comment-page-1/Men's underwear sales http://www.abcnews.go.com/Business/Economy/story?id=7305537&page=1Forklift sales http://www.independent.co.uk/news/business/forklifts-point-to-recovery-unusual-economic-indicators-are-proving-popular-as-official-figures-falter-1467030.html
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BeFree
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Sat Apr-11-09 10:02 AM
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When it's all a house of cards, such things could tell you which way the wind is blowing and how hard.
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Warpy
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Sat Apr-11-09 10:30 AM
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2. My own index is a little different |
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Dollar Store parking lot index Thrift shop crowd index Food pantry line index Shantytown index
I'm afraid all those are continuing to rise around here, so it'll be a while before anything decent happens to those of us on the bottom.
As for the CNBC article, no wonder they've been so consistently lousy at predicting anything. 7 of the "indicators" were simple coincidence, and the other 4 are things that typically follow the market, not indicate where it is likely to go in the future.
And their website, crammed with advertising that cause pages to load slowly on DSL, SUCKS.
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madrchsod
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Sat Apr-11-09 11:01 AM
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amount of cars in the walmart parking lot
expensive cars/trucks at the dollar stores
the amount of expensive clothes in plato`s closet
expensive cars/trucks at the thrift shops
the miles of roads that are turning into gravel
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DU
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Sun May 05th 2024, 01:52 PM
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