The last week or so has seen both ‘hard’ real economic data and ‘soft’ survey data disappoint notably.
This has sent the Citi Macro Surprise Index plunging to 5-month lows with its biggest drop since 2010.
The question is – what happens to the stock market next?
Of course, this is no surprise to bond traders…
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The Complete List Of Wilshire 5000 Stocks
Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
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