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Economy

Coincident indicators brilliantly state the absolute obvious

HERE’S THE INTERESTING PART

If you want to know if it is raining, you can look out the window, which is exactly what a coincident indicator does. These metrics move concurrently with the overall market, confirming what everyone currently existing in the system already intimately feels. They are the academic equivalent of saying 'things are currently happening'.

Coincident indicators brilliantly state the absolute obvious
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