Business and Personal Finance Dictionary

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• BELLWETHER
  
  A market bellwether is a security whose changing price is considered a signal that the market is changing direction. It gets its name from the wether, or castrated ram, that walks at the head of a shepherds flock. The distinctive tone of the bell around the wethers neck signals the flocks position. Theres not an official list of these trend setters, or market barometers, and they do change as the overall markets and the fortunes of individual companies change.
  
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