The Coronavirus outbreak worried financial markets as defensive assets like long bonds and gold had a strong January.

Another solid  jobs report pushed the labor force participation rate up to the best levels of Trump’s Presidency, though wage growth was below post-recession highs.

Valuations continued to increase as forward P/E has jumped nearly a full point since November. These and other economic topics are examined in January’s edition of Julex’s Monthly Macro Chart Book.

Click here to read the free Chart Book (no opt-in required).

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