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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (17610)	2/2/1999 1:14:00 PM
From: accountclosed	Read Replies (1) \| Respond to of 86076

Yes. The index of leading economic indicators was reported unchanged in August. The index, which is used to predict future economic activity, showed the sentiment components (stock prices, interest rate spread, consumer expectations)... mortgagemart.com

To: MythMan who wrote (17610)	2/2/1999 1:17:00 PM
From: accountclosed	Respond to of 86076

Analysis of the Indicator: The index of leading economic indicators (LEI) is a composite of the following 11 leading indicators: Average workweek (manufacturing) Initial unemployment claims New orders for consumer goods Vendor performance Plant and equipment orders Building permits Change in unfilled durable orders Sensitive material prices Stock prices (S&P 500) Real M2 Index of consumer expectations While the LEI is an important forecasting tool, it has little impact on the bond market, because most of its components are published prior to its release. Better link equity.stern.nyu.edu