This week, Steve Muzzlewhite touches base on market movements, as it has been a hectic week on the economic data front:
- US Unemployment at 3.4% vs consensus 3.6% and is the lowest since 1969
- Non-Farm Payrolls, 517K new jobs
We also reflect on how investors reacted through EPFR-tracked Fund Flows data:
- Equity Funds in the week ending Feb 1, 2023 saw inflows of $6.7bn
- US Commodity and US Financials Sector Funds added $1bn each in January
- US Technology Sector Funds redeemed $2.4bn
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