Tuesday, February 2, 2010

6. Robust earnings from bellwethers


Salam,


It is the second day running the Dow Jones Industrial Index showing a positive signs, following recent market sell-off.

While reading the finance.yahoo.com, I came across this article and this sentence;

Rising sales of previously owned U.S. homes and robust earnings from bellwethers representing consumer and industrial businesses, including Whirlpool Corp (NYSE:WHR - News) and Cummins Inc (NYSE:CMI - News), pointed to a steady rebound in demand.

The definition in The Free Dictionary is as follows;

bell·weth·er (blwthr)
n.
One that serves as a leader or as a leading indicator of future trends: "The degree to which the paper is censored is a political bellwether" (Justine De Lacy).

Hopefully this trend will prolong and we shall have good years ahead!
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