Today's Headlines

Bloomberg:           

• US General Sees China War Risk for 2025 in Memo Cited by NBC.
• Welsh Government Announces ‘Sudden’ Death of First Minister’s Wife.  
• Drone Responsible for Iran Defense Ministry Blast: State TV.
• Israel-Palestinian Violence Escalates in Second Jerusalem Attack.  
• Ukraine Latest: Aide Says Kyiv in Talks on Planes, Missiles.  
• It Won’t Take Much for the ECB to Crush Rate-Cut Bets Next Week.
  
• Total CEO Sees Tight Gas Market, Pricey Diesel in Europe in 2023.
• Pension Funds in Historic Surplus Eye $1 Trillion of Bond-Buying.
• Social Media Buzz: Tyre Nichols, Ukraine, Signal, Intel.
• Your Saturday Briefing: Musk’s Newest SEC Probe, Adani’s Wipeout.
• Disappearing Barbecues Show Global Beef Demand Is Under Pressure.
• Mega Factories Target Cow-Free Milk and Cheese to Plug Shortage.    
• The Fear of Being J. Crewed Is Once Again Roiling Leveraged Loans.
• Weaker Orders, Investment Underscore Ailing US Manufacturing.   
• Expect to See A Lot More of First Lady Jill Biden in 2024.  
• OpenAI Needs Billions to Keep ChatGPT Running. Enter Microsoft.

Wall Street Journal:

• Where Are Markets Headed? Five Investors Look Into Crystal Ball.
• The Future of Restaurants Is To Go.
• Japan, Netherlands Agree to Limit Exports of Chip-Making Equipment to China.
• DOJ Seeks to Ban Bankman-Fried From Contacting FTX Employees.
• Car Leasing Plummeted During Pandemic, Could Take Years to Recover.
• Amazon, Apple, Alphabet Headline Another Busy Earnings Week.
• Indiana’s Cornfields Could Be Gone With the Wind Farm. Most Hoosiers would prefer not to shiver through the winter in the dark. They may not have a choice.
• Is the Republican Agenda More Popular Than Republicans? Some recent polling carries bad news for Fauci and Biden.
• Flight Attendant Uniforms Ditch Gender. How Does That Fly in the Air?
• Robot Pets and VR Headsets Can Curb Older Adults’ Loneliness. So Why Don’t They?
• What CEOs Are Saying: ‘The Consumer Is Under Pressure’.
• Why Lyft Is Headed for Its Own Recession.

Barron's:

• Had bullish commentary on (AMAT), (DLTR), (EEFT), (AVTR), (FTV), (NXPI), (SLVM), (GEHC), (SYY), (DFIN), (LOW), (BXSL), (MSFT), (ADBE), (BALL) and (DE).

Fox News:

• 4-Star general predicts war with China in 2025 -- ordered preparations.
• Mom reportedly suing school district over her OnlyFans account.
• Memphis police make drastic change after releasing video showing brutal beating of Tyre Nichols.

CNBC:

• Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges.
• Earning less than $30,000 a year is a ‘deal breaker’ for daters.
• U.S. unemployment system still plagued by delays 3 years after pandemic-era downturn.

Zero Hedge:

• Taibbi Shreds Hamilton 68 'Laughable And Damning' Response To Being Exposed As Frauds.
• 25 States Sue Biden Admin Over Rule Allowing 401(k) Managers To Put Savings Into ESG Funds. 
• Leftist Media Claims Tyre Nichols Death At The Hands Of Five Black Police "Still About Racism". 
• New RAND Study Breaks From US Hawks, Warns Against "Protracted Conflict" In Ukraine.
• Are You The Collateral Damage Of Central Planners?
• Pro-Life Activists Face Prison Time As DOJ Increases FACE Act Prosecutions.
• North Korea Blasts US Tanks For Ukraine, Vows To "Stand In Same Trench" With Russia.
• Romance In 2023: 1 In 6 People Run Background Checks On Online Dates.
• Masterpiece Cakeshop Loses Appeal Over Gender Transition Cake.
• Russia Readies Robotic Response To 'Secret Armor-Less' Abrams Tanks In Donbas.
• Moscow Says 14 Killed In "Deliberate" Ukraine Strikes On Hospital; Russia On Verge Of Taking Bakhmut.
• Watch: Top US Official Hails Nord Stream 2 Sabotage In Senate Testimony.
• Von Greyerz: As West, Debt, & Stocks Implode; East, Gold, & Oil Explode.
• Federal Food Stamps Program Hits Record Costs In 2022.
• Tyre Nichols Protests Break Out Across US.
• "Tragedy... Might Be Triggering": British Universities Add Warnings For Greek And Shakespearean Plays.
• Here's What Happens To Society When The System Fails.
• Thai Rice Prices Jump As Global Food Crisis Reignites.
• Canada's Bill C-26: Yet Another Government Power Grab.
• Rickards: Has World War III Begun?
• Netanyahu's Son Slams Soros, 'Radical Leftist' Control By 'Global Elite' Over Israeli Media.
• The Most Egregious Mistake.

MarketWatch.com:      

• Trump kicking off 2024 run with stops in early-voting states.
  
• Opinion: ‘The Fed-fueled fantasy bubble has popped.’ Stock investors are detached from reality — but they’re about to get a big dose. 
•   Opinion: Intel just had its worst year since the dot-com bust, and it won’t get better anytime soon.  
• Fannie Mae chief economist sees house prices dropping in 2023 and 2024 — these are the warning signs that prices are falling in your city. 

NewsMax:

• Sen. Markwayne Mullin: 'Newsmax Must Not Be Silenced!'.
• Ted Cruz Decries DirecTV Censorship of Newsmax.
• Rep. Bob Good: Halt AT&T, DirecTV Payments by Congress.

TheGatewayPundit.com:  

• “This Is Scary!” – Dr. Naomi Wolf Warns that Pfizer Is Performing Gain of Function Viral Research and Admitted It in Their Latest Statement (VIDEO).
• YouTube Removed Project Veritas’ Bombshell Pfizer Video, So Rumble Put it on Its Front Page.
• Head of NATO Military Committee Admiral Rob Bauer: NATO Is Ready for a Direct Confrontation with Russia (VIDEO).
• Convicted Child Sex Offender Given Custody of Little Girl – Then Gets Her Pregnant.
• “This is Bad for America.  This is Bad for the World.  We are about to Enter Potentially World War III” – General Flynn on Biden’s Disaster in Ukraine.
• ACLU Says Trump’s Reinstatement on Facebook and Instagram is ‘the Right Call’.
• Massive Fire Mysteriously Occurs At Egg Farm In Connecticut.
• College Basketball Star Says His ‘Balls Exploded’ Suddenly.
• Algerian Football Player Drops Dead During the ‘African Nations Championship’ Match (VIDEO).
• UH-OH: Zuckerberg-Funded “Non-Profit” that Spent $420 Million to Help Democrats in 2020 Election Gears Up for 2024.
• WA Democrats to Release Hundreds of “Worst of the Worst” Sex Offenders into Residential Communities.
• Pfizer Quietly Releases Statement in Response to Bombshell Project Veritas Video.
• HERE WE GO: GOP-Led Committees To Subpoena Biden Officials — And Democrats Can’t Stop Them.
• Rep. Cori Bush Blames ‘White Supremacy’ For Police Killing of Tyre Nichols, Calls for ‘Civilian Traffic Enforcement’.
• Kari Lake To Hold Save Arizona Rally SUNDAY Before Court Of Appeals Conference In Historic Election Contest Lawsuit.
• Tucker Carlson Calls Out Antifa Protests As Coordinated, Political Propaganda (VIDEO).
• REPORT: Director Of George Soros Organization Has Visited Biden White House Over A Dozen Times.
• Suicide Pact: Minnesota Democrats Pass Bill to Ban Coal, Oil and Gas in One of Nation’s Coldest States – As Biden Bans Mining in State’s Iron Range.
• Observations on the Paul Pelosi/David DePape Videos – What Looks Weird and What’s Missing?

The Epoch Times:

• US Bills to Make CCP Repay $20.6 Trillion for COVID-19.
• US Treasury Sanctions Chinese Firm Supplying Intelligence to Russia.

Twitter:

• @WallStreetSilv - $65 trillion in unrecorded dollar debt circulates across the global financial system in non-U.S. banks and shadow banks. (graph) The Pfizer CEO in his own words at the World Economic Forum in Davos. "Imagine The Compliance". (video) Interest cost is skyrocketing and now more than defense budget. Social security costs are crossing $1 trillion, all of them leading to fiscal deficit. Thus more borrowing is required… more debt leading to higher interest costs… a debt death spiral. (graph) Pay with your palm in China. When cash goes digital, bringing the risks of exclusion, discrimination, and surveillance... Linking biometric data to payments, plus a social credit score ... not a good combo. (video)
  
• @Project_Veritas - Over 20,000,000 Views. (video)
  
• @IGSquawk - Weekend markets update: #DAX 15150 -0.04% #DOW 33973 -0.01% #NASDAQ 12176 +0.11% #FTSE 7764 +0.00% #HANGSENG 22699 +0.00% #GBPUSD 12386 -0.10% #EURUSD 10869 +0.01% #USDJPY 12985 0.00%.

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 926,541 Reports(+4,521 from prior week) Through January 13th, 2023. 

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Covid-19(Data, Maps, Graphs):

• Our World in Data:  New Global Covid-19 Cases(7-day rolling average graphs). New US Covid Hospital Admissions/ICU Admissions/Deaths
  
• FT.com:  Fully Vaccinated by Country(graph). Global Lockdown Stringency Index(map).
• Bloomberg.com:  International Travel Restrictions.  Case Graphs by State.
  
• NYTimes.com:  County Trends and Clusters. Local ICU Occupancy.
  
• Brown School of Public Health:  Covid Severity by State/County(map).  US Hospital Capacity(region).
  
• CovidActNow:  Covid Severity/Infection Rate by Metro Area.
  
• KFF:  US Vaccinations by Race/Ethnicity.
  
• Carnegie Mellon: Covid-Like Symptoms in Community. Covid Symptom Searches on Google. Covid-Related Dr.Visits.  Restaurant Visits. Wearing Masks. (graphs)
  
• Safegraph.com:  Commerce Patterns(graphs).

Evening Headlines

Bloomberg:

• China Celebrated Lunar New Year Like Covid No Longer Exists.
• Putin Plans New Ukraine Push Despite Losses as He Prepares for Years of War.  
• UK Health Crisis Deepens Amid Standoff in Strike Talks.
  
• Seven Israelis Killed in Gun Attack at Jerusalem Synagogue.  
• Adani Faces One of Worst Billionaire Wipeouts With Empire Under Siege.
• Half of Britons Struggle With Soaring Cost of Running Households.
• Stock Gains Whipped Up in Pandemic Bubble Resist Being Popped.
  
• Americans Lag on Car Payments at Higher Rate Than in 2009.  
• Even $370 Billion in US Incentives Won’t Solve All of Solar’s Struggles.
  
• Amazon Will Start Charging Prime Members for US Grocery Orders of Less Than $150.  
• Scaramucci’s SkyBridge Funds Tumbled 39% Last Year on Wrong-Way FTX, Crypto Bets.  
• Blackstone Is Coming Up Short in Its Push for a Record $30 Billion Buyout Fund.  
• Bed Bath & Beyond Falters in Effort to Find Buyer in Bankruptcy.   
• Bitcoin Miner Argo Hit With Lawsuit Over ‘Misleading’ US IPO.

Wall Street Journal:

• Russia Seeks Gains in Ukraine Before Western Tanks Turn Up.
• Consumer Spending Drop Adds to Signs of U.S. Slowdown.
• Intel Shares Fall After Disappointing Results.
• Meta Embraces AI as Facebook, Instagram Help Drive a Rebound.
• Jan. 6 Rioter Gets More Than Six Years for Pepper Spraying Officers.
• CVS, Walmart to Cut Pharmacy Hours.
• Bed Bath & Beyond to Close 87 More Stores, Harmon Chain.
• FDA to Allow More Gay, Bisexual Men to Donate Blood.

Fox News:  

• Police release video of Tyre Nichols traffic stop that led to murder charges against officers.
  
• EXCLUSIVE:RNC chair drops major bombshell after hotly-contested election.

CNBC:

• Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges.
• House Speaker McCarthy spoke with Musk about making Twitter ‘fair on all sides’.
• White House approves more than 16 million people for contested student loan forgiveness plan.
• Boeing to hire 10,000 workers in 2023 as it ramps up production.
• Amazon to start charging delivery fees on Fresh grocery orders under $150. 

Zero Hedge:

• Highly-Cited 'Hamilton 68' Russiagate Tracker Is Total Hoax: Taibbi.
• Hartnett: "Another 3-5% Will Feel Like Bathing In Lava If You're A Bear".
• Vegas Hotels Hit With Lawsuit, Claiming Collusion Via Algorithm To Artificially Inflate Hotel Prices.
• Sunshine Might Be Free But Solar Power Is Not Cheap.
• Soaring Food Prices Prompt Eurasian Nations To Ban Food Exports.
• Democrats Hate Being Held To Their Own Standards: Committee Assignments Edition.
• Actions Of FBI, CIA Leave Us In Our Own Truman Show.
• Watch: Paul Pelosi Hammer Attack Bodycam Video Released.
• India's Low Coal Stocks Threaten Electricity Supply.
• Dear Tech Execs, ChatGPT Won't "Compose Memo Announcing Massive Layoffs".
• Truckers' Positive Drug Tests Up 18% In 2022.
• McDaniel Reelected As RNC Chair Despite DeSantis Calling For Change.
• Eight Killed, Ten Wounded In Jerusalem Synagogue "Terror Attack".
• The "Great Reset" & The Future Of Money... Here's What You Need To Know.
• Stocks bought and Bonds sold into a key risk week - Newsquawk US Market Wrap.
• Massive Short-Squeeze Sparks Surge In Stocks Despite Hawkish Shift In Rates.

MarketWatch.com:        

• Tesla stock jumps nearly 12% to best week in a decade.
  
• Read this before taking an Uber in Cancun, where violence between taxi drivers and ride-share apps is heating up.
  
• Inflation might be slowing, but people say it’s getting harder to cover unexpected costs — and the next Fed meeting won’t help.

NewsMax:

• Obama-Era DHS Chief: Border Crisis Under Biden 'Much Bigger'.
• Dick Morris: Left Trying to Cut Off Access to Trump.'
• Powerful NRB Chief Chides DirecTV for Newsmax Drop

TheGatewayPundit.com:  

• Scientists Are Using CRISPR Gene Editing to Put Alligator Genes Into Catfish.
• 19-Year-Old WSU Student Found Dead in His Dorm – No Evidence of Foul Play Involved
• David DePape Interrogation Interview Released.
• Sopranos Star John Ventimiglia’s Daughter Dead at 25.
• Gateway Pundit Exclusive: Interview With Justin Goodman of White Coat Waste Project, The Person Who Exposed Anthony Fauci’s NIH Funding Of The Wuhan Institute Of Virology and Other Overseas Animal Experiments.
• Dr. Peter McCullough On What Goes Into His “Healthy Heart & Muscle Formula”.
• BREAKING: Ronna McDaniel Declared Winner Of RNC Chair Election (VIDEO).
• Ohio Man and Fiancée Murdered in Mexico – State Department Issues Travel Advisory For Zacatecas, “Do Not Travel Due to Crime and Kidnapping”.
• WATCH: Surveillance Video of Pelosi Attacker David Depape Busting Window with Hammer Before Entering Home Released.
• Senator Rubio Sends Letter to Pfizer CEO After Project Veritas’ Explosive Undercover Video Reveals Company ‘Mutating’ Covid Virus For Profits.
• BREAKING: Police Body Cam Video Released of Paul Pelosi Attack – PELOSI WAS IN HIS UNDERWEAR, HOLDING A DRINK – GRAPHIC VIDEO.
• LAWRENCE SELLIN: Biden’s Defense Department Gives Huge Research Funding to Institutions Linked to Chinese and Russian Biowarfare Programs. 
• Former National Football League Player Almost Died from “Severe” Stroke.

Twitter:

• @EINChinaNews - The Mike Pompeo speech on China's influence on US universities that MIT killed.
• @WatcherGuru -  SBF’s Brother Founded an Organization to Lobby Congress Members.
• @songpinganq - Thread 1/ This is how Chinese mining rare earth metals. Mining wastewater from rare earth production can acidify the surrounding soil and groundwater. Mining solid waste can produce radioactive materials and heavy metal contamination. (video) Muddy water (rare earth) goes into these giant setting tanks and mixes with chemicals. 2/video. Mining rare earth in China needs enormous Oxalic acid and other chemicals. No workers protection here at all. 3/video. This is what rare earth looks like before they are sent off to factories refine. They worth ＄100,000 dollars per ton. 4/video.
• @C_Barraud -  #SouthKorea #Tech Industry’s Confidence Sours to Seven-Year Low - Bloomberg. (graph)
• @BGOnTheScene - “Say his name, Tyre Nichols!” chants as traffic across the Mississippi River is shut down on I-55 here in Memphis. (video)
• @CitizenFreePres - New York City — Massive lines of NYPD van are lined up preparing for possible riots… (video)
• @TPostMillennial - Tucker Carlson and Trace Gallagher walk through the horrific body cam footage of Tyre Nichols' violent encounter with Memphis police. (video)
  

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 922,020 Reports(+3,512 from prior week) Through January 6th, 2023. 

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Covid-19(Data, Maps, Graphs):

• Our World in Data:  New Global Covid-19 Cases(7-day rolling average graphs). New US Covid Hospital Admissions/ICU Admissions/Deaths
  
• FT.com:  Fully Vaccinated by Country(graph). Global Lockdown Stringency Index(map).
• Bloomberg.com:  International Travel Restrictions.  Case Graphs by State.
  
• NYTimes.com:  County Trends and Clusters. Local ICU Occupancy.
  
• Brown School of Public Health:  Covid Severity by State/County(map).  US Hospital Capacity(region).
  
• CovidActNow:  Covid Severity/Infection Rate by Metro Area.
  
• KFF:  US Vaccinations by Race/Ethnicity.
  
• Carnegie Mellon: Covid-Like Symptoms in Community. Covid Symptom Searches on Google. Covid-Related Dr.Visits.  Restaurant Visits. Wearing Masks. (graphs)
  
• Safegraph.com:  Commerce Patterns(graphs).

Weekly Scoreboard*

S&P 500 4,085.1 +3.0%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,122.7 +2.2%

• NASDAQ 11,687.44 +4.8%

• Russell 2000 1,916.26 +2.7%

• S&P 500 High Beta 72.7 +5.6%

• Goldman 50 Most Shorted 158.58 +6.5%

• Wilshire 5000 41,266.2 +2.97%

• Russell 1000 Growth 2,347.92 +4.0%

• Russell 1000 Value 1,572.27 +2.23%

• S&P 500 Consumer Staples 764.37 +.71%

• MSCI Cyclicals-Defensives Spread 1,063.53 +2.46%
  

• NYSE Technology 3,024.45 +6.7%

• Transports 14,537.4 +1.3%

• Utilities 970.3 +.98%

• Bloomberg European Bank/Financial Services 85.67 +3.1%
  

• MSCI Emerging Markets 42.3 +1.6%

• HFRX Equity Hedge 1,469.54 +.10%

• HFRX Equity Market Neutral 922.8 +.11%

Sentiment/Internals

• NYSE Cumulative A/D Line 459,051 +1.7%

• Bloomberg New Highs-Lows Index 255 +244
  

• Crude Oil Commercial Bullish % Net Position -29.9 -7.2%

• CFTC Oil Net Speculative Position 239,218 +16.6%

• CFTC Oil Total Open Interest 1,613,646 +3.6%

• Total Put/Call .81 -8.0%

• OEX Put/Call 1.08 +35.7%

• ISE Sentiment 99.0 +8.0 points
  

• NYSE Arms .91 +62.5% 
• Bloomberg Global Risk-On/Risk-Off Index 59.3 +6.3%
• Bloomberg US Financial Conditions Index 37.0 +15.0 basis points
  

• Volatility(VIX) 18.4 -8.4%
• DJIA Intraday % Swing .98% +4.3%

• CBOE S&P 500 Implied Correlation Index 33.8 -13.3%

• G7 Currency Volatility (VXY) 10.1 -.59%
  

• Emerging Markets Currency Volatility (EM-VXY) 10.3 -3.1%

• Smart Money Flow Index 13,081.2 -10.9%
• NAAIM Exposure Index  75.2 +10.1
  

• ICI Money Mkt Mutual Fund Assets $4.819 Trillion +.33%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$1.329 Million

• AAII % Bulls 28.4 -8.4%

• AAII % Bears 36.7 +10.9%

Futures Spot Prices

• CRB Index 279.55 +.39%

• Crude Oil 79.5 -2.1%

• Reformulated Gasoline 257.96 -1.8%

• Natural Gas 3.11 -.13%
• Dutch TTF Nat Gas(European benchmark) 55.4 euros/megawatt-hour -18.1%
  

• Heating Oil 326.51 -5.8% 
• Newcastle Coal 265.0 (1,000/metric ton) -14.5%
  

• Gold 1,930.15 +.28%
• Silver 23.59 -1.4%
  

• S&P GSCI Industrial Metals Index 492.76 +.98%

• Copper 422.75 -1.25%

• US No. 1 Heavy Melt Scrap Steel 414.0 USD/Metric Tonne +.1%

• China Iron Ore Spot 126.30 USD/Metric Tonne +.16%

• Lumber  499.0 +18.6%

• UBS-Bloomberg Agriculture 1,545.27 +1.9%
• US Gulf NOLA Potash Spot 400.0 USD/Short Ton -1.8%
  

Economy

• Atlanta Fed GDPNow 1Q Forecast +.67% -286.0 basis points
  

• ECRI Weekly Leading Economic Index Growth Rate -5.1% +1.5 percentage points
  
• Bloomberg US Recession Probability Next 12 Months 65.0% unch.
  

• NY Fed Real-Time Weekly Economic Index .71 -32.4%

• US Economic Policy Uncertainty Index 57.7 -37.4%

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 227.47 -1.00:  Growth Rate +10.4% -.5 percentage point, P/E 17.9 +.7

• Citi US Economic Surprise Index -3.1 +14.6 points

• Citi Eurozone Economic Surprise Index 83.2 -4.5 points

• Citi Emerging Markets Economic Surprise Index 3.5 -3.4 points

• Fed Fund Futures imply 0.0%(unch.) chance of no change, 98.1%(-1.2 percentage points) chance of +25.0 basis point hike and 1.9%(+1.9 percentage points) chance of +50.0 basis point hike on 2/1 to 4.75-5.0%
  

• US Dollar Index 101.92 -.08%

• MSCI Emerging Markets Currency Index 1,701.20 +.23%
  

• Bitcoin/USD 23,218.5 +2.7%

• Euro/Yen Carry Return Index 146.57 +.45%
  

• Yield Curve(2s/10s) -69.25 +1.25 basis points
  

• 10-Year US Treasury Yield 3.52% +4.0 basis points
  

• Federal Reserve's Balance Sheet $8.434 Trillion -.22%

• U.S. Sovereign Debt Credit Default Swap 34.54 +4.5%
  

• Illinois Municipal Debt Credit Default Swap 165.25 +2.3%
  

• Italian/German 10Y Yld Spread 186.0 +4.0 basis points
• UK Sovereign Debt Credit Default Swap 20.37 -5.8%
  

• China Sovereign Debt Credit Default Swap 49.68 -3.6%
  

• Brazil Sovereign Debt Credit Default Swap 232.54 -5.7%
  

• Israel Sovereign Debt Credit Default Swap 45.34 -1.9%

• South Korea Sovereign Debt Credit Default Swap 40.2 -.18%

• China Corp. High-Yield Bond USD ETF(KHYB) 27.9 -.5%

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.8% unch.
  
• Zillow US All Homes Rent Index YoY +7.7% unch.
  
• US Urban Consumers Food CPI YoY +10.4% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +4.30% -15.0 basis points: CPI YoY +6.39% +5.0 basis points
  
• 10-Year TIPS Spread 2.33% +9.0 basis points

• TED Spread 14.25 -7.0 basis points 
• 2-Year Swap Spread 28.0 +2.75 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -13.5 unch.

• N. America Investment Grade Credit Default Swap Index 71.19 -4.4%
  

• America Energy Sector High-Yield Credit Default Swap Index 246.0 -2.7% 
• Bloomberg TRACE # Distressed Bonds Traded 305.0 -32.0
  

• European Financial Sector Credit Default Swap Index 86.85 -4.6%
• Credit Suisse Subordinated 5Y Credit Default Swap 345.30 -8.7%

• Emerging Markets Credit Default Swap Index 223.0 -2.98%
  

• MBS 5/10 Treasury Spread 131.0 -10.0 basis points
  
• Aggregate US CMBS Average OAS 1.07 -3.0 basis points
  
• Avg. Auto ABS OAS .70 -5.0 basis points

• M2 Money Supply YoY % Change -1.3% -130.0 basis points
  

• Commercial Paper Outstanding 1,311.3 +.8%

• 4-Week Moving Average of Jobless Claims 197,500 -4.5%
  

• Continuing Claims Unemployment Rate 1.2% +10.0 basis points
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 49.5 +5.6%
  

• Average 30-Year Fixed Home Mortgage Rate 6.45% +8.0 basis points
  

• Weekly Mortgage Applications 255,300 +6.95%

• Weekly Retail Sales +5.0% -20.0 basis points
  
• OpenTable US Seated Diners % Change from 2019 +.3% +4.2 percentage points
• Box Office Weekly Gross $147.5M +4.7%
  

• Nationwide Gas $3.51/gallon +.12/gallon

• Baltic Dry Index 677.0 -11.3%

• China (Export) Containerized Freight Index 1,160.59 -3.4%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 35.0 unch.
• Truckstop.com Market Demand Index 42.1 -16.4%

• Rail Freight Carloads 203,527 -2.0%
• TSA Total Traveler Throughput 2,089,208 +26.1%
• US Covid-19:  91 infections/100K people(last 7 days total). 5.2%(-.8 percentage point) of peak on 1/14/22(1,740) -14/100K people from prior report
  
• US Covid-19:  New patient hospital admissions per 100K -80.4%(-2.9 percentage points) from peak 7-day avg. of 1/9/22-1/15/22
  

Best Performing Style

• Large-Cap Growth +3.7%

Worst Performing Style

• Large-Cap Value +2.0%

Leading Sectors

• Computer Hardware +7.3%

• Disk Drives +6.9%
• Gambling +6.3%
  

• Video Gaming +6.1%

• Semis +6.1%
  

Lagging Sectors

• Gold & Silver -.2%
  

• Computer Services -1.1%
  

• Shipping -1.4%

• Pharma -1.8%
  

• Road & Rail -2.1%
  

Weekly High-Volume Stock Gainers (18)

• LCID, BYND, TBBK, AI, VTYX, AXP, RIVN, TSLA, LHX, LOB, DDD, CRS, OLN, MCW, NOG, CHWY, SBCF and XM
  

Weekly High-Volume Stock Losers (30)

• ITOS, SCHW, NETI, AMN, ASB, WDS, CHTR, HDB, ORLY, CVX, AU, GT, CL, RMD, CFR, IBN, EC, BAH, KLAC, MAG, NARI, EMN, SI, ASPN, INTC, CALX, HAS, CRC, EBC and FIBK
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change