Risky asset roared back to life last week, led by a surge in surge in equities in emerging markets, based on a set of ETF proxies for the major asset classes. For the third straight week, there was a risk-on bias for the five trading days through Mar. 4.
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● US payrolls surge in Feb while wages drop | Bloomberg
● US trade deficit widens as exports hit 5-1/2 year low | Reuters
● US Q1 GDP growth estimate rises to +2.2 via GDPNow model | Atlanta Fed
● Is US inflation (finally) rising? | FT
● Spreads and Recession Watch, March 2016 | Econobrowser
● German factory orders fall less than expected in Jan | Reuters
● Japan’s Kuroda signals central bank easing done for now | Reuters