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One Of The Best Predictors Of The Stock Market Is In Freefall
One of our favorite indicators to watch is the Citi Economic Surprise Index, as it measures the latest economic data against expectations.Anyway, it's been plunging.This chart from Scotty Barber, via...
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UBS Explains Why The World's Economic Indicators Are Unusually Out Of Sync
The economic dataflow has shown a "rare degree of divergence" recently, according to UBS analyst Andrew Cates.High regional correlations between various surprise indices have broken down.Positive...
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BofA: This Chart Is Predicting More Bad News For The Emerging Markets
Growth in the emerging markets (EM) has deteriorated dramatically recently. Bank of America/Merrill Lynch's Rates and Currencies Research team of Alberto Ades and Vasileios Gkionakis write that every...
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CHART: The Emerging Market Cliff Dive
Take a look at that drop below.The Citigroup Economic Surprise Index measures by how much economic data releases are beating economists' consensus estimates for those releases.As can be seen here, the...
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Deutsche Bank's Top Strategist Is Waiting Until July To Call A Bottom In Stocks
Binky Chadha, the reputedly and repeatedly bullish Deutsche Bank chief global strategist, says we're headed lower for three persisting reasons: bad economic data out of the United States, the ongoing...
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CHART OF THE DAY: One Of Our Favorite Indicators Shows The Market Might Be...
We seem to come back to this chart every few months, and this time it's showing that investor expectations are getting absolutely crushed.Citigroup indices of economic surprise from around the world...
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The Last Time Wall Street Was This Negative, We Were In A Recession
As second quarter earnings season begins, companies are slashing earnings guidance at rates not seen in the last three years.Tobias Levkovich, who heads Citi's U.S. equity strategy research, points out...
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JPMorgan's Tom Lee: One Of The Best Stock Market Indicators Has 'Decisively...
Everyone is down on corporate earnings right now. We've written about how recently, Wall Street has been lowering earnings estimates faster than any time in the last 13 years, excepting recessions, and...
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CHART: Why The US Is A Bright Spot In The Global Economy
Investment bankers and analysts continue to worry about the U.S. economy.That said, our favorite economic surprise indicator suggests that this concern could be overblown.The Citi Economic Surprise...
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ANALYST: There's A Big Red Flag In The Economic Data That Could Set Up Stocks...
The latest divergence in economic data may be setting up the stock market for a "nasty New Year surprise," says Andrew Wilkinson.Wilkinson, the chief economic strategist at Miller Tabak, highlights two...
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Here's The Great Disconnect That Has People Saying The Market Is Rigged By...
The Citigroup Economic Surprise Index, which tracks how various economic data releases come in relative to expectations, is now below zero.That means recent economic data releases have been...
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The State Of The World As Seen Through Citi's Economic Surprise Indices
Citi tracks a measure known as the "economic surprise index" for various locales, which shows how economic data are progressing relative to the consensus forecasts of market economists.From...
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Citi's Economic Surprise Index Has Been Falling All Month And Is On The Verge...
The Citigroup Economic Surprise Index, a popular measure that tracks how economic data progress relative to the consensus forecasts of Wall Street economists, has been headed straight down since...
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The State Of The World As Seen Through Citi's Economic Surprise Indices
Citi tracks a measure known as the "economic surprise index" for various locales, which shows how economic data are progressing relative to the consensus forecasts of market economists.From...
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Citi's Economic Surprise Index Is Now At Nosebleed Levels
Citi's economic surprise index, which measures the actual outcome of economic data releases relative to consensus estimates, is at its highest level in nearly two years after a streak of...
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The Economic Surprise Index Has Fallen To Zero
Citi's Economic Surprise Index, a measure that tracks actual economic data relative to consensus estimates of market economists, has fallen to zero following a string of weaker-than-expected data...
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There's A Very Tight Relationship Between Cyclical Stocks And Economic Surprises
So far this year, “defensive” stocks, those that are less sensitive to economic growth, such as utilities and health care stocks, have led the markets higher. However, we may soon be nearing a...
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Here's The Global Economic Chart Of The Summer
This summer, we've witnessed a spike in U.S. economic surprises to the upside. Meanwhile, Europe has managed to surprise us to the downside.Economic surprises measure how actual economic data prints...
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The US economy is stronger than you think
Don’t count out the U.S economy just yet.While it’s true that economic performance in the U.S. broadly disappointed in the first quarter — with the exception of jobs data — temporary factors such as...
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The US economy will be stronger than many think in the 4th quarter because...
Summary List PlacementExperts worried that soaring COVID-19 case counts will drag on US economic growth are glossing over the pandemic's all-important lethality rate, according to James Paulsen, The...
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