#finweek πΉ Main Events: π In the fourth quarter of 2022, US GDP grew by 2.9%. The recession is being carried over again. The number of coronavirus cases in China has reached 1.1 billion. But the coronavirus is now weak, so the Chinese are not threatened with extinction. πΆ The euro reached its highest value against the dollar in the last 9 months. Everyone who is pushing the USD is helping to bring back the bull market. π Elon Musk defended himself in court for three days for a 2018 tweet about Tesla shares. An Oscar-worthy story. The US Department of Justice has filed an antitrust lawsuit against Google. Apple next? πΉ Summary: Investors have switched to the rule: "the better, the better." The success of the American economy is regarded as a chance for a soft landing without a recession and an early reversal of the Fed's policy. We will find out on February 1 what the Fed itself thinks about this. πΉ Quotes: π S&P 500 - 4,070 (β2.33%) π Gold - $1,927 (β0.09%) β«οΈ Oil Brent - $86.33 (β1.64%) π΅ USD INDEX - $101.92 (β0.07%)
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