Positive economic surprises are associated with a robust, or at least improving, economy.
Not exact matches
Given these
positive surprises, and because monetary policy must be forward - looking to achieve our inflation target, Governing Council's discussions focused on three main issues: first, the extent to which recent strength is signalling stronger
economic momentum in Canada and globally; second, how heightened levels of uncertainty, particularly about US tax and trade policies, should be incorporated in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential output going forward.
Historically there has been a
positive relationship between
economic surprises and U.S. equity market performance.
The Citi Major Economies (G - 10)
Economic Surprise Index has given up more than half the fall's gains and is on the cusp of turning negative, i.e. more negative than
positive surprises, for the first time since early last fall (see the accompanying chart).
As a result, absolute
economic prospects may not improve much, but we would actually expect a strong trend toward
positive surprises from the standpoint of now - lowered expectations.
The President touched on Moody's recent
economic report on Ghana which defined the
economic outlook of the country as
positive and expressed
surprise at the negative comments some people made about the report.
With drivers today saving more than $ 550 a year in fuel costs and household budgets growing by $ 1,337 due to utility and other energy - related savings in 2015, it should come as no
surprise that voters appreciate the
positive economic impact of U.S. energy.
Who knows, maybe it will even become socially acceptable... In the video below, YouTube user Mary Greeley expresses
surprise that ABC News would post, in its money section no less, a relatively
positive article about the practice of Freeganism, and the rise of dumpster diving, in these hard
economic times.