However, in the short term bonds are likely to benefit from lower CPI inflation
rates as my leading indicator, the absolute change in oil prices from a year ago, is pointing to the U.S. CPI ex shelter declining to between 2 and 2.5 % in February / March.
However, in the short term bonds are likely to benefit from lower CPI inflation
rates as my leading indicator, the absolute change in oil prices from a year ago, is pointing to the U.S. CPI ex shelter declining to between 2 and 2.5 % in February / March.
Not exact matches
As I said last month, housing construction is a long
leading indicator, indeed along with interest
rates probably the most important one.
As was explained in «Box C» in the February 2004 Statement, the level of loan approvals is a
leading indicator of the growth
rate of credit, though the relationship from month to month is not very precise.
Rising commodity prices often act
as leading indicators of rising property values provided the outlook is also favourable in terms of interest
rates, rainfall outlook and water availability.
School
ratings,
as well
as the
indicators that
lead to those
ratings, should be transparent and clear to parents and should reflect meaningful differences between schools.
Years of artificially low interest
rates have
led to artificially high stock prices with valuation
indicators, such
as PE, PB and Shiller's CAPE, flashing red for some time now.
There's no easy way to address the «refinancing ratchet effect,» the study said, because the three factors that can
lead to trouble — declining interest
rates, rising home prices, and easy access to mortgage loans — are «benign market conditions» often seen
as indicators of economic growth.
Historically, the MPI and MVI have performed well
as leading indicators of U.S. Census figures for multifamily starts and vacancy
rates, providing information on likely movement in the Census figures one to three quarters in advance.