Monday, January 14, 2013

International Leading Indicators

The Leading Indicator for International Developed Markets (EFA) declined month over month by 0.05% percentage points to -0.35%. The Leading Indicator for International Emerging Markets (EEM) rose month over month by 0.60% percentage points to 4.89%.

 The OECD released their Leading Indicators for most major countries today. I have averaged the indicators with the Conference Board's Leading indicator to create a composite for each country. I created Leading Indicators for International Developed Markets (EFA) and International Emerging Markets (EEM) by weighting each country's growth rate by the market share of each country's stocks in the respective funds. 

On the chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for each country.
All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.