Saturday, 8 September 2012

Economic Surprise Index has turned positive

According to Soberlook.com,
The Citi Economic Surprise index was fairly accurate in pointing to a US slowdown in the first half of 2012. One therefore should not dismiss the recent reversal in the indicator's trend. The index just went into the positive territory in spite of today's poor employment report.
Here's the full report: Economic Surprise Index has turned positive

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