Your Daily Brief For January 19th

Your Daily Brief For January 19th

about 2 months ago1 min

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In today’s Daily Brief, we'll look at how the US economy is doing – and what this means for the probability of a soft landing.

"US retail sales positively surprised – so even though the manufacturing sector had its weakest year since 2020, the combination of easing inflation, robust spending, and a calmer job market should keep the economy on balance."

Key takeaways:

  • The US manufacturing sector put on a disastrous performance, but the shining retail sector stole the spotlight
  • Tesla cut car prices across Europe, after high prices put the region off upgrading their four-wheelers
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