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Here's The Great Disconnect That Has People Saying The Market Is Rigged By The Fed

Saturday, May 18, 2013 - 11:52 AM
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 disappointing relative to the market consensus.  Just in the past week, we've seen some nasty surprises – flash PMI, durable goods orders, GDP, and Chicago PMI have all come in below consensus. Yet stocks keep moving higher, and it seems like lately "good news is bad news" (in that if the economy doesn't strengthen, continued monetary easing from the Federal Reserve should keep markets afloat).

Disconnect Between Stocks And Economy - Business Insider
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ShorebreakShorebreak2,381 posts since
Apr 6, 2010
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