The US economy is experiencing a sudden surge of economic reports that exceed expectations. So much so that the Citi Economic Surprise index has skyrocketed.
The Eurozone, on the other hand, resembles Saganaki. That is, “Your cheese is on fire!”
The US economy added another 304,000 jobs in January. A record 100th consecutive month of job gains!
On the other hand, YoY average hourly earnings slumped.