Markets

One Of Jim O'Neill's Favorite Economic Indicators Just Came In Awful

Read in app

In a note from early March, Goldman's Jim O'Neill identified his favorite economic indicators around the world.

There are some indicators which are simply more powerful in their reliability than others, as well as having predictability in shores beyond their own. In my view, the Korean trade data, US job claims, the US ISM report and its new orders and inventory component, the Euro area business and consumer confidence surveys, especially the German IFO, are the key numbers I look for each month.

Anyway, he's probably not going to like this.

From DJ FX Trader, a major miss on Korean exports.

image
DJFXTRADER

Read next

Prior to joining Business Insider in October 2008, Joe was a correspondent for paidContent.org, as well as the Opening Bell editor at Dealbreaker.com. He previously was a writer and analyst for Techdirt.com, and before that worked as an analyst for money management firm Prentiss Smith & Co.He got started writing with his own infrequently updated blog TheStalwart.com. A graduate of The University of Texas at Austin, Joe's interests include Chinese food, chess and poker.The former Executive Editor, he left Business Insider in 2014.