21-Aug-08
The Surprise Index
Here’s an interesting indicator: it’s called the Surprise Index. Calculated by the economists at MFC Global Investment Management, it quantifies in one measure the extent to which U.S. economic indicators exceed or fall short of consensus estimates. An economic report with better-than-expected news is assigned a value of 1; a report with worse-than-expected news is assigned [...]
Posted at 11:37 in External Blog | Permalink | Comments () | Top
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