Daily Archives: Jan 24, 2023 at 05:53 am EST

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:

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