TL;DR
- U.S. GDP increased at an annualized rate of 2.9% in Q4, ahead of the 2.6% which had been projected
- Despite the positive news, two thirds of economists at the World Economic Forum in Davos believe that a recession is going to happen in 2023
- At a time when themes are becoming more and more important for investors, factor based investing can provide some exciting opportunities for investors to ride the waves
- Top weekly and monthly trades
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Major events that could affect your portfolio
The U.S. economy continued to show resilience in the face of numerous economic headwinds in Q4 2022, with GDP growing at an annualized rate of 2.9%. That’s down from the rate of 3.2% that it grew by in Q3, but ahead of the 2.6% which had been forecast by economists at Reuters.
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