Can you define the Hard Surprise index? I'll wait. Sounds like a BS Zero Hedge special.
(expecting pun in 3..2...1)
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Is this, by any stretch of the imagination, the kind of economy in which the Federal Reserve should be tightening monetary policy?
Agreed. Need to know what it is and show us enough chart to show some correlation . . .
Nope. That's why no more rate hikes this year.