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The flip side, of course, is that this indicator suggests bonds are overvalued on a relative basis.
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We often need time to confirm that a trend is real, and time, of course, is what a leading indicator is supposed to beat.
BBC: The popcorn route to recovery
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Of course, I feel that fundamentals are often a lagging indicator and a stock can drop 20% and still be a growth company.
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The next big indicator will be whether Boeing can double its margins on passengers jets in the course of next year.
ECONOMIST: Aerospace
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Correlation is simply a trend, of course, and we should take care not to use it as a stead-fast indicator of anything, really.
FORBES: Let's Talk About Correlation
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But, of course, kids are the best part of Halloween and using them as a kind of indicator of public fortunes, what do you think it means that two different children dressed up as Scooter Libby came trick-or-treating at my door?
NPR: Comfort Food
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While a battery-shaped indicator lights up to show remaining battery capacity, the mile range indicator fluctuates wildly as it constantly projects how far you can go if you continue on your present course.
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