Positive Economic Surprises Are Back

Recently each day, especially in the US, it has felt as if the economic data has been a bit better than expected. The Citi Economic Surprise Index corroborates that feeling as it has now reached it's highest level since February 2012. Overall, the developed markets has seen more positive surprises in general and emerging markets are battling their way back to positive territory (particularly Latin America). Plenty of charts below: