Recession worries continue to swirl, but the outlook remains upbeat for this week’s initial estimate of fourth-quarter GDP, based on a set of estimates compiled by CapitalSpectator.com.
Daily Archives: January 24, 2023
Macro Briefing: 24 January 2023
* Eurozone economic activity edges back to growth in January via PMI survey data
* UK continues to post “sustained downturn” in January via PMI survey data
* US investment firms look to Europe for growth, start turning away from China
* Analysts expect US stocks will continue to underperform global peers
* The end of easy money is “particularly painful” for tech companies
* Microsoft will invest billions of dollars in OpenAI, creator of ChatGPT
* US Leading Economic Index fell sharply again in December:
