−20%0+20%+40%+60%−5.4%−1×+5.4%+1×Jobless claims for the week to Jan 29, 2022: 238,000 (-22k)Jobs report for January 2022: +678k, unemployment 4.0%CPI release for January 2022: +0.6% on the month, core +0.6%Producer prices for January 2022: +1.2% on the monthRetail sales for January 2022: +3.7% on the monthPutin announces a military operation in UkraineJobless claims for the week to Feb 19, 2022: 232,000 (-16k)