Opa! Citi’s US Economic Surprise Index Skyrockets As The Eurozone Resembles Saganaki (304k Jobs Added In January)

The US economy is experiencing a sudden surge of economic reports that exceed expectations. So much so that the Citi Economic Surprise index has skyrocketed.

citisurpnew

The  Eurozone, on the other hand, resembles Saganaki. That is, “Your cheese is on fire!”

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The US economy added another 304,000 jobs in January. A record 100th consecutive month of job gains!

another304jobs

On the other hand, YoY average hourly earnings slumped.

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I wonder if ECB head Mario Draghi will say Opa!!

our-flaming-saganaki

 

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