Your Daily Brief For January 18th

Your Daily Brief For January 18th

11 months ago1 min

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Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at China's latest economic performance – and what that means for 2023.

"China turned in its slowest pace of economic growth for nearly 50 years in 2022, but the country's economy ended the year at a better-than-expected pace."

Key takeaways:

  • China's economy grew at a faster-than-expected clip in the fourth quarter of 2022, giving hope for this year. Longer-term, though, a population that's now in decline is an ominous sign.
  • Goldman Sachs' disappointing results probably shouldn't have been a big surprise, given the firm's cost-cutting announcements of late. But it's a marathon not a sprint for the Wall Street giant.


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