What's really happening in the US economy – and what does that mean for markets?

A stunning January jobs report has shifted the market narrative around the US economy. But has the fundamental story really changed? And does the economic picture justify the market’s bullish start to 2023 or have investors been partying in the face of a looming recession? Paul Ashworth, our Chief US Economist, joins Chief Markets Economist John Higgins for a discussion about what’s really happening in the US economy, what the Fed is likely to do, and what this all means for US equities, bonds and the dollar.