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The United States: The January jobs figure was almost twice the expected, challenging the narrative of a decelerating labor market.
Wage growth unexpectedly accelerated, further spooking the markets.
Equities: Global market breadth is holding up.
S&P 500 breadth and momentum are in the top quartile historically.
Global Developments: January returns tend to set the tone for the remainder of the year.
Commodities: The VanEck Gold Miners ETF (GDX) is starting to outperform the SPDR Gold ETF (GLD).
Credit: Tighter lending standards point to further declines in commercial real estate prices.
Food for Thought: Box office tickets sold:
Edited by William Villacis
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