Economic surprises run in cycles

As the financial media obsess over data like this morning’s payroll numbers, it’s interesting to observe trends in the direction and degree of “surprises” about the data.

Here is the Citigroup Economic Surprise Index for the US:

http://www.bloomberg.com/quote/CESIUSD:IND/chart

About these ads

One thought on “Economic surprises run in cycles

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s