Citi Economic Surprise Index Hits 50.3, Signaling S&P 500 May Fall Within Three Weeks: Research
According to Gutsmart Finance, Leuthold Group research reveals that when Citi's U.S. Economic Surprise Index surpasses 40, the S&P 500 historically records negative returns over the following three weeks and requires approximately three months to recover losses. The index has now climbed to 50.3.
SPX500-0.27%
GateNews·07-22 00:32
