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WEI (Weekly Economic Index) Chart & Excerpt

Looking at the chart below, however, makes me wonder whether I should've left this particular stone unturned.

Jonathan Allum, Strategist
SMBC Group, The Blah!, April 16th 2020

"We at the BLAH! are always on the lookout for new macro indicators and thus you can imagine our excitement when we discovered the WEI (Weekly Economic Index) produced by the New York Fed which claims to "measure real economic activity at a weekly frequency". Looking at the chart below, however, makes me wonder whether I should've left this particular stone unturned."

Weekly Economic Index