Posted by on April 18, 2017 5:00 pm
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Categories: Bond Business Citi Macro Surprise Citigroup Economy Economy of New York City Midtown Manhattan new york city Primary dealers Subprime mortgage crisis

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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