Greetings,
The United States: The ISM Manufacturing PMI showed improvement in January, signaling a possible conclusion to the nation’s manufacturing slump.

The United Kingdom: Inflation expectations continue to ease.

China: Flows into China-focused equity funds have surged in recent weeks.

Commodities: Cocoa prices continue to hit muli-decade highs.

Energy: Brent crude is back below $80/bbl.


Equities: Generally, the S&P 500 has a negative correlation with the Goldman US Financial Conditions Index.

Food for Thought: The middle class vs. the top 1%.

Edited by Josh Oldmixon
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