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 Index

Citi Economic Surprise Index The Citi Economic Surprise Index for the US has turned sharply lower and highlights the economic impacts of the coronavirus pandemic. Image: The Daily Shot – The Wall Street Journal

Citi Economic Surprise Indexes

Citi Economic Surprise Indexes Most US economic data is coming in ahead of expectations. Image: Gavekal, Macrobond

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