Some call it skyscraper index, some call it tallest building indicator and some call it erection index (to a man, it could mean something else though). Also some call it tower of babel indicator.
It is actually a humorous look at the ‘relation between large skyscrapers completion and economic cycles”.
According to moneyweek.com, the indicator was “nearly perfect”, showing “an
KLSE Bursa Malaysia stock market : My blog