Citi Economic Surprise Index

Citi Economic Surprise Index The Citi Economic Surprise Index for the U.S. is on the rise, signaling that economic data releases are exceeding analyst expectations and pointing to a positive momentum in the U.S. economic performance. Image: BofA Global Research

S&P 500 Index vs. U.S. Citi Economic Surprise Index

S&P 500 Index vs. U.S. Citi Economic Surprise Index The S&P 500 Index and the U.S. Citi Economic Surprise Index are often closely correlated, which suggests that fluctuations in the S&P 500 Index can be influenced by unexpected economic data surprises. Image: Morgan Stanley Wealth Management

Citi Economic Surprise Index and S&P 500

Citi Economic Surprise Index and S&P 500 This chart highlights the current divergence between the Citi Economic Surprise Index and the S&P 500. Image: BofA Global Research

Citi Economic Surprise Indexes

Citi Economic Surprise Indexes The Citigroup Economic Surprise Index (CESI) for the world economies is on the rise, outpacing the U.S. CESI, indicating that economic data for the world economies are surpassing expectations to a greater extent than in the U.S.. Image: Morgan Stanley Wealth Management

Citi Economic Surprise Index and S&P 500

Citi Economic Surprise Index and S&P 500 The Citi Economic Surprise Index has risen sharply, but it has an inconsistent history in terms of its correlation with the S&P 500. It is a cyclical indicator: high readings suggest favouring defensives over cyclicals, and low readings suggest favouring cyclicals over defensives. Image: Renaissance Macro