Greetings,
The United States: Capital goods orders edged higher.
Canada: Hiring has not kept pace with the population surge (some of which was driven by the influx of students).
Japan: The rise in the jobs-to-application ratio suggests the labor market will loosen from here.
Emerging Markets: Mexican exports last month were slightly softer than in January of 2023.
Equities: The current bull market remains below the median trajectory.
Credit: The increase in downgrades could signal more defaults to come. (2 charts)
Food for Thought: Total crypto payments to hackers:
Edited by Josh Oldmixon
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