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biotech_researcher

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biotech_researcher

Re: 10nisman post# 19106

Tuesday, 07/16/2019 5:09:08 AM

Tuesday, July 16, 2019 5:09:08 AM

Post# of 29593
10nisman, you ask, “Why does the Federal Reserve of St. Louis use the Cass Index?”

Answer: Simple, because it provides the granularity to show the trade volumes in just the St. Louis Fed District. That district is all they are responsible for reporting. Now, St Louis is a fine place to visit in the summer (I spent a week there on day...), some say great ribs, but it sure doesn’t reveal the economic strength (via trade volumes) of the world. Think global not local.
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