Stocks in emerging markets blasted out of the gate for the start of 2018, once again posting the strongest monthly gain for the major asset classes. Overall, most markets advanced in January, with three exceptions: US real estate trusts (REITs), which suffered the biggest loss last month, along with modest declines in US investment-grade bonds and inflation-indexed Treasuries.
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Feud between Trump and FBI erupts into open battle: WaPo
White House seeks big cut in clean energy funding at Energy Dept: The Hill
Former Fed Chair Greenspan warns of bubbles in stocks and bonds: Bloomberg
Fed leaves rates unchange; expects higher inflation in 2018: Reuters
ADP: US private payrolls rose 234k in Dec, sharply above expectations: CNBC
Pending home sales rise 0.5%, the most since March: MarketWatch
Chicago PMI eased in Jan, pulling back from 9-year high: MarketWatch
US Employment Cost Index posts solid rise in 2017’s Q4: Reuters
2-year Treasury yield’s bull streak continues, rising to 2.14%, a new 10yr high: