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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
She noticed there were fewer dealers bidding this season for stock, which is not a good bellwether.
Docile as a bellwether sheep, he let himself be led away, and the rest of the castaways crowded close behind him.
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.
In particular, the sub-Arctic and Arctic are considered to be a bellwether of climate change.
Charles' district in the outer suburbs of Melbourne is considered a bellwether seat.
The research-intensive universities of Canada will be the bellwether for this convergence.

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