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MANAGEMENT AND ACCOUNTING WEB |
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Blackman, A. 2003. Where's the market headed? Look here. Tampa Tribune (November 30). Summary by James R. Martin |
This short article by Blackman included a table of stock market indicators similar to the illustration below. Economist surveys are always wrong, so if they think the market is going up, it is probably going down instead. Box-office receipts, Gift-wrap sales, the Philadelphia Fed's survey, the NFIB confidence survey, Food services & drinking places sales, Truck tonnage and Presidential ratings are all directly related to stock market movements. If they are up, the stock market tends to be going up as well.
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