HEADS UP: The Citigroup Economic Surprise Index went negative this week (via @ivanthek).
Here’s a 3-year look at the index, which tries to capture how well economic data is coming in compared to analyst expectations.
The index seems to matter.
This fantastic chart from Reuters’ Scotty Barber shows the connection between the index and the forward 3-month relative performance of stocks. vs. bonds.
Photo: Scotty Barber, Reuters
Business Insider Emails & Alerts
Site highlights each day to your inbox.