US Macro Data Surprises Are The Worst In Over 10 Years, Post-Thanksgiving

Remember that whole "cleanest dirty shirt" or "decoupling" narrative that gets trotted out day after day when any global turmoil prompts risk-off positioning and asset-gatherers and talking-heads proclaim T.I.N.A. but to invest in the "fundamentally strong" US... well... it's completely wrong! US Macro data surprises since Thanksgiving Day are the worst in at least 10 years...

 

 

Boom goes another market myth...

 

Charts: Bloomberg