Last Friday’s NFP data showed a strong undershoot in new US jobs created last month, but markets remain relentlessly focused on US inflation and the virulence of the omicron coronavirus variant.
NFP Undershoots, Markets Unmoved

Last Friday’s NFP data showed a strong undershoot in new US jobs created last month, but markets remain relentlessly focused on US inflation and the virulence of the omicron coronavirus variant.