Mandai Freehold B2 Industrial Space - 新加坡唯一一个B2永久重型工业厂房.

Mandai Freehold B2 Industrial Space - 新加坡唯一一个B2永久重型工业厂房.
Please click the advertisement for more information.

Search This Blog

Sunday, June 30, 2024

The US economy is slowing down more than expected.

How do we interpret the Citi's economic surprise index (ESI)?

If the ESI is in a negative zone, it means that the real economy is performing worse than expectation (underperforming).  Conversely, when the ESI is in a positive territory, it means that the real economy is performing better than expectation (outperforming).

Currently, the ESI is around -30 and this shows that the US economy is underperforming.  How much higher can the US stock market move further when the real economy is underperforming?

No comments: