China, the world’s second-largest economy, continues to suffer in human and economic terms from the coronavirus, but there were minimal signs of concern in last week’s performance of the US equity market, which posted the strongest increase for the major asset classes, based on a set of ETFs.

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Trump’s budget proposal targets large cuts in non-defense spending: Politico
As China returns to work after holiday, coronavirus deaths top 900: Reuters
Taiwan scrambles jets for 2nd day to intercept Chinese planes: Reuters
China’s Hubei province, an industrial powerhouse, is shut for 3rd week: BBG
Political turmoil in Germany after far-right candidate wins vote: NY Times
Stock bull Ed Yardeni: How long will investors shrug off coronavirus? CNBC
Big tech dominates holdings in funds marketed as ‘sustainable’ investments: WSJ
Hiring rebounded sharply in US during January: MW
10yr Treasury yield curve looks poised to invert… again: