There is plenty of evidence indicating web searches are a leading indicator of economic trends (http://www.huffingtonpost.com/2009/07/17/summers-economy-has-moved_0_n_237684.html and http://www.washingtonpost.com/wp-dyn/content/article/2009/09/11/AR2009091103771.html?hpid=topnews). There are even some boffins who make money on the conspiracy circuit with the "Web Bot Project".
Now Google has unleashed a fascinating economic prediction tool: Google Domestic Trends.
And as Fast Company mentions, this could be quite useful to the investor looking to profit from future trends.
GoogleBlog's official announcement
Showing posts with label investing. Show all posts
Showing posts with label investing. Show all posts
Friday, September 18, 2009
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