Which of the following international indicators is considered the least useful as a leading indicator? A) Japan’s Tankan Survey. B) China Industrial Production. C) Japan Industrial Production. D) OECD Composite Leading Indicators
d ?..I remember the question, had got it wrong. Not sure if CFAI will ask these kind of questions.
yeah i got it wrong too …and the solution is not very clear …
I haven’t seen the answer/explanation, but wouldn’t it be D? I say this as components of the OECD Composite have already been released into the market by the time the Composite is release. Therefore they are already factored into participants’ expectations.