Leading vs Lagging Indicators

CFA Level III
#1

Hi guys,

I am just going through the AM session of the actual 2010 exam and Q4 on Economics has a question regarding leading and lagging economic indicators such as Index of new private housing starts, index of consumer expectations etc… I cant recall having read about those concepts in the material.

Does anyone know if that’s still relevant or was erased from the curriculum?

thx for ur help

#2

Yup, definitely in the CME material where they go through the leading, lagging and coincident indicators

that section deals with economic forecasting using models, indicators and the checklist approach

#3

Don’t worry about that question. Our tutor told us that Q4 A & B in the 2010 mock is not relevant as the syllabus has been changed.