Posted 10:00 AM ET - The war in Ukraine and the upcoming FOMC Meeting will keep uncertainty elevated. Market conditions remain volatile. Jerome Powell said he favors a 25 basis point rate hike in two weeks and subsequent rate hikes in future meetings. This is better than feared. The jobs report today was robust and 678K new jobs were created ad that was much better than expected. The hourly wage component (.4%) was also better than feared and that will take a little pressure off of inflation fears. The PMIs in Europe were on the light side and China’s PMI was …