Glossary entry (derived from question below)
English term or phrase:
leading indicators are rolling over
English answer:
weakening
Added to glossary by
Peter Linton (X)
Jul 13, 2004 09:30
19 yrs ago
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English term
leading indicators are rolling over
English
Bus/Financial
Finance (general)
From a fund report: "Asian exports are exceptionally strong, but OECD leading indicators are rolling over and certain data streams out of America indicate consumer indigestion".
How do you interpret "rolling over" in this context? That the indicators are starting to point in a new direction?
How do you interpret "rolling over" in this context? That the indicators are starting to point in a new direction?
Responses
3 +9 | weakening | Peter Linton (X) |
Responses
+9
33 mins
Selected
weakening
See ref, and my 'disagree'. I think they are weakening, not yet reversing. IN some OECD economies, the indicators are down a bit, but in others, they are up, but less than previously. They may indicate a reverse later this year.
4 KudoZ points awarded for this answer.
Comment: "Thanks very much for your help!"
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