United States: Residential construction continues to surprise to the upside. The January housing starts and building permits exceeded market expectations.
United Kingdom: Real earnings are finally above the pre-crisis peak.
China: Other than the count adjustment a few days ago, the number of new coronavirus cases has been slowing.
Equities: According to Oxford Economics, US tech sector valuations have reached levels that have historically led to underperformance.
Global Developments: Capital Economics expects the coronavirus hit to be big enough for global GDP to contract this quarter.
Food for Thought: Income mobility:
Edited by Daniel Moskovits
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