Lead pipe


 

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Lead pipe

Used in the context of general equities. Virtually certain that trade will take place; lead pipe cinch. See: Layup.



Lead pipe

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Leading indicator

Leading indicator

A measurable economic variable that varies over the business cycle, reaching peaks and troughs somewhat earlier than other macroeconomic variables such as GDP and unemployment, and therefore useful for forecasting them. Contrasts with lagging indicator.


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