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This had the effect of causing yields on index bonds to soar, creating false indications of future deflation.
The numbers reported by companies after the change tended to provide better indications of future cash flows than had been the case.
"Officials are clearly acknowledging the more challenging global environment, but they are not giving any indications of future cuts," Frederic Neumann, regional economist at HSBC in Hong Kong, said in a note.
Are they indications of future success, are they fleeting and not replicable, or are they evidence that Gen. David H. Petraeus, the top United States and NATO commander in Afghanistan, is simply more masterful than his predecessor at shaping opinion?
United Parcel Service, the package delivery company, said Thursday that its second-quarter net income increased 90 percent and raised its earnings outlook for the year, citing encouraging indications of future global trade.
Furthermore, to identify indications of future energy scenarios, as well as to test the logistic substitution analysis, another statistical approach using ternary diagrams was developed.
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If the past is any indication of future performance, the answer is most likely no.
But as they say on Wall Street, past performance is no indication of future results.
But, as the fund managers themselves would say, past performance is no indication of future returns.
The company's backlog, an indication of future sales, rose 37 percent to 2,403 homes.
Permits, an indication of future activity, rose 1.4percentto to a seasonally adjusted annual rate of 1.7 million.
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