(From Bloomberg). The Citigroup Economic Surprise Index for the U.S., a
gauge of how much reports differ from economists’ estimates in
Bloomberg surveys, turned negative on April 25 and fell May 3 to
the lowest level since September. Last year, the gauge sank
below zero for the first time in five months on May 2, the day
when the S&P 500 began a 19 percent drop.
