1. There has been considerable growth in recent years in the use of economic analysis in investment management. Further significant expansion may lie ahead as financial analysts develop greater skills in economic analysis, and these analyses are integrated more into the investment decision-making process. The following questions address the use of economic analysis in the investment decision-making process:
2. A)Differentiate among leading, lagging, and coincident indicators of economic activity and give an example of each
3. B) Indicate whether the leading indicators are useful for achieving above-average investment results. Briefly justify your conclusion.