Fairval

Notes on Indian equities, sectors and economy

A new index by Goldman

Posted by fairval on April 16, 2008

Goldman’s economists seem to have come up a new index which call a Surprise Index. Interesting concept – pertains to surprises in economic data. However, it does not appear to be a leading indicator. A coincident indicator is of no practical use really

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One Response to “A new index by Goldman”

  1. Rajesh said

    Well its not all that bad Ajay. We could just have futures on the Shock Index and do relative value trades on the Sensex futures and the Shock Index futures. 😀

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