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barometer
(redirected from Baroscope)

    Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.43 sec.
Barometer
An investment instrument whose movements forecast trends.

Notes:
For example, a barometer stock has a price trend that is indicative of the market. And, the stock market as a whole is said to be a barometer because it can be used to forecast the growth or slowdown in the economy.

Barometer
Economic and market data that represent an overall trend. The Dow Jones Industrial Average is an example of a stock market barometer.
barometer
An indicator of fluctuations. For example, the S&P 500 is a barometer for stock market movements. Likewise, long-term interest rates are a barometer of inflationary expectations.
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