BREAKING: The US economic surprise index jumped +13.2 points this week, to 53.5, the highest since November 2023. This index measures economic data relative to consensus estimates, rising above 0 when data exceed expectations and falling below 0 when data miss expectations. Since December, the gauge has risen +58.1 points, marking the biggest 6-week increase since September 2024. This follows strong ISM Manufacturing PMI, durable goods orders, and Consumer Sentiment data. Furthermore, the global economic surprise index rose +10 points this week, to 30, the highest level since May 2023, suggesting an improvement in worldwide economic data. Historically, a surging economic surprise index has been a leading indicator for the US Dollar Index. Is the US Dollar setting up for a rebound?(The Kobeissi Letter)