We were cheerful Friday morning and the jobs report in the afternoon led to a happy Asia trading session. Even a scandal involving the Japanese FinMin selling land at a cheap price to a school linked to his wife couldn't stop the Nikkei from closing up. Buy the Dip continues to be alive and well.
And why not? The focus on data this week is US CPI tomorrow, and inflation data rarely prints large lurches from month to month. How . . .