U.S. Economic Surprise Index A rising U.S. Economic Surprise Index is often associated with positive equity performance due to enhanced investor sentiment and expectations of continued economic growth. Image: Goldman Sachs Global Investment Research
S&P 500 vs. U.S. Economic Surprise – CPI Surprise The improving economic surprise index and favorable macroeconomic conditions suggest that U.S. equities may better withstand inflation compared to previous cycles. Image: BofA Global Research
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. But right now, bad news is good news, until it’s not. Image: Morgan Stanley Wealth Management
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 United States. Image: Morgan Stanley Wealth Management
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
Trade-Weighted Dollar vs. G10 Citigroup Economic Surprise Index Will the U.S. dollar trend weaker in 2023? Image: BCA Research
U.S. Economic Surprise Index vs. 60 Day Change in 10-Year U.S. Treasury Yields Is the worst of the bond sell-off over? Image: Morgan Stanley Research
Citi U.S. Economic Surprise Index vs. S&P 500 12-Month Earnings Surprise U.S. earnings revisions suggest negative economic surprises. Image: Morgan Stanley Research
Citi U.S. Economic Surprise Index vs. 10-Year U.S. Treasury Yield Should investors expect U.S. Treasuries to rally? Image: Morgan Stanley Research
Inflation Surprise – Economic Surprise The risk of stagflation in the euro area is increasing significantly. Image: Gavekal, Macrobond
Economic Surprises Index – China vs. G10 Economies Will G10 economies follow China? Image: BCA Research