Standing-Room Only

To say it'll be a busy week for fundamentals-focused traders and investors would be to understate the case. The US data and earnings docket is standing-room only, with January payrolls and big-tech earnings headlining. Consensus expects 185,000 from the headline NFP print. Recall that December's jobs report was a "Goldilocks" affair: The headline was ahead of expectations, but not by "too" much, the unemployment rate dropped back to the lows, ostensibly arguing for Fed aggression, but an uptic