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What is a bellwether?

What is a bellwether? Here are some definitions.

Noun
  1. The leading sheep of a flock, having a bell hung round its neck.
  2. Anything that indicates future trends.
  3. A stock or bond that is widely believed to be an indicator of the overall market's condition.
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Examples
Docile as a bellwether sheep, he let himself be led away, and the rest of the castaways crowded close behind him.
As the world's largest chipmaker, the company is clearly the bellwether for the PC market.
Charles' district in the outer suburbs of Melbourne is considered a bellwether seat.
It is considered a bellwether seat and one the ALP needs to secure if they are to win Government.
This cross section of urban and rural makes Ohio a bellwether state which picks the winner in almost every election.
This is the most demographically chaotic state in the country and, not coincidentally, that's why it's the new bellwether state of this country.

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